Jumbo Loans
Jumbo Loans – When Loan Limits Aren’t Enough
Jumbo loans are designed for buyers who need financing above conventional loan limits. These programs are commonly used for higher-priced primary residences, second homes, and luxury properties. While jumbo loans have stricter guidelines than conventional loans, many programs still offer competitive rates and flexible options for strong borrowers.
Great fit for:
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Buyers purchasing high-value homes
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Borrowers with strong credit and assets
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Luxury and second-home buyers
See if your property is eligible for Jumbo financing:
What makes a loan a “jumbo” loan? Any loan amount that exceeds standard conforming loan limits is considered jumbo.
Do jumbo loans require large down payments? Not always. Many programs allow 10–20% down, depending on borrower strength.
Are jumbo interest rates higher? Not necessarily. Rates can be very competitive for well-qualified borrowers.
Can jumbo loans be used for second homes? Yes. Many jumbo programs allow second homes and vacation properties.
Is income verification required? Yes, though some jumbo programs offer alternative documentation options.