Jumbo Loans

Financing above the conforming loan limit, where guidelines and pricing vary widely from one lender to the next.

Jumbo Loans at a Glance

Program Highlights

✓ Loan amounts above $832,750
✓ Up to $3M+ with select lenders
✓ Fixed and ARM options
✓ Primary, second home, investment
✓ Interest-only options available
✓ Asset-based qualifying available

Requirements

✓ 700+ credit score (most lenders)
✓ 10-20% down payment
✓ 6-12 months reserves
✓ Full income documentation
✓ DTI typically under 43%
✓ Two appraisals may be required

Why Use a Broker

Jumbo loans vary dramatically between lenders — far more than conforming loans. One lender might offer 10% down with no MI while another requires 20%. Some allow asset depletion qualifying, others don't. Rate spreads on jumbos can be 0.5% or more between lenders on the same day. This is exactly where a broker with 175+ lender relationships delivers the most value. I shop jumbo pricing across my entire network and consistently find options that big banks don't offer their own customers. If your purchase price is above the conforming limit, talk to me before you lock anywhere.

The Jumbo Process

Pre-Approval & Asset Review

Full income documentation plus 6 to 12 months of reserves. Asset-based qualifying is available with select lenders.

Lender Shopping

Jumbo guidelines are set lender by lender, not by Fannie or Freddie — so terms vary widely. This is where a broker earns their keep.

Underwriting & Appraisal

Expect a closer look at reserves and income. Two appraisals may be required on larger loan amounts.

Close

Fixed, ARM, and interest-only structures are all available depending on the lender and loan size.

Who Jumbo Works Best For

High-Cost Market Buyers

Any purchase requiring financing above the $832,750 conforming limit, up to $3M and beyond with select lenders.

Asset-Rich Borrowers

Asset-based qualifying can work where traditional income documentation falls short.

Cash-Flow Minded Buyers

Interest-only options can substantially lower the monthly payment during the initial period.

Second Home & Investment Buyers

Jumbo financing is available across primary, second home, and investment occupancy.

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Get a Jumbo Loan Quote

Andrew Baker · NMLS 2688601 · (949) 665-9090

Common Questions

What is a jumbo loan?

A jumbo loan is any mortgage above the conforming loan limit for the county where the property sits — $832,750 in most counties for 2026, and up to $1,249,125 in designated high-cost counties. Because it falls outside Fannie Mae and Freddie Mac guidelines, each lender writes its own underwriting rules.

What credit score and down payment do jumbo loans require?

Jumbo guidelines are set lender by lender rather than by an agency, so they vary widely. In general they ask for stronger credit, more reserves, and a larger down payment than conforming loans. Brokering the file across 175+ wholesale lenders is how a jumbo scenario finds the guideline set that fits.

Can I get a jumbo loan if I'm self-employed?

Yes. Some jumbo lenders underwrite from full tax returns, while others accept bank statement documentation for self-employed borrowers. Which path fits depends on how your returns present after deductions and on the size of the loan relative to the property value and your reserves.

Ready to Get Started?

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