Specialty
Jumbo loan
Financing for loan amounts above the conforming limit in your county, for higher-priced homes or competitive markets.
Typical down payment
10–20% (typical)
Typical credit guidance
700+ (typical)
Ideal for
Buyers of higher-priced homes with strong credit, solid reserves and well-documented income.
Key benefits
Finance amounts above the conforming loan limit
Fixed and adjustable-rate options
Options for primary, second and some investment homes
We compare several jumbo lenders for you
Requirements
Credit score guidelines are often 700 or higher
Cash reserves after closing, often several months of payments
Full income documentation
Some lenders require a second appraisal on larger loans
Guidelines shown are typical examples and vary by lender, program and borrower. They are not a commitment to lend.
Frequently asked questions
What counts as a jumbo loan?
Any loan above the conforming limit set for your county. The limit is updated each year and is higher in some high-cost areas.
Are jumbo rates always higher?
Not always. Jumbo pricing depends on the lender, your profile and the market. We shop several lenders so you can compare.
Talk it through with a loan officer
We’ll compare this program with your other options and show the numbers side by side.
Guidelines shown are typical examples for illustration. Requirements vary by lender, program and borrower. Not a commitment to lend.
What borrowers say
I’m self-employed and two banks turned me down. Priya knew exactly how to document my income, and the jumbo loan closed without drama.
Arjun S.
Jumbo loan
Sample review