Jumbo Loans
Financing for higher-priced homes and custom builds beyond conforming limits.
Jumbo Loan at a Glance
What Is a Jumbo Loan?
A jumbo loan is a mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. For 2026, that baseline limit is $832,750 for a one-unit home in most of the country — cross it, and you're financing with a jumbo loan.
Because these loans are too large for Fannie and Freddie to buy, lenders take on more risk and hold them differently. That usually means rates on jumbo loans run a bit higher than conforming loans, and the qualifying standards are tighter. Jumbo financing is how buyers fund more expensive homes and high-end custom construction — the properties that simply cost more than a conforming loan can cover.
Who a Jumbo Loan Is For
If the home you want costs more than Fannie and Freddie will back — whether a higher-priced home or a high-end custom build — this is the loan that gets you there.
Finances Higher-Priced Homes
Covers homes priced well above conforming limits, including luxury and custom builds.
Reach High-Cost Markets
Buy in price points and markets conventional conforming loans can not reach.
Fixed or Adjustable
Available as both fixed and adjustable rate structures, depending on what fits your plans.
Custom Construction
Commonly used for high-end custom construction that exceeds conforming limits by design.
Built for Strong Borrowers
Designed for buyers with solid credit, reserves, and documented income.
One Loan, Big Purchase
Finance a major purchase in a single loan rather than piecing it together.
Today's Jumbo Rates
National average rate for 30-year fixed jumbo loans.
Source: Optimal Blue (OBMMI) via FRED. As of June 10, 2026.
Rates shown are a national benchmark average (Optimal Blue Mortgage Market Indices, via the Federal Reserve Bank of St. Louis) and are for informational purposes only. They are not an offer, quote, or commitment to lend, and do not reflect any specific borrower scenario, points, fees, or APR. Contact us for a personalized rate quote.
Estimate Your Jumbo Payment
Model a higher-balance loan above conforming limits. Enter any rate to estimate your payment — your real rate comes from your application.
This is an estimate for planning purposes only — not a rate quote, loan offer, or commitment to lend. Your actual rate and payment depend on your full application. Contact us for a personalized quote.
How the Process Works
From first conversation to closing day, here is what to expect.
Get Pre-Approved
We review your credit, income, reserves, and goals, then issue a pre-approval that reflects jumbo underwriting standards.
Find Your Home
Shop higher-priced homes with a real pre-approval behind your offers.
Submit Your Application
Once you are under contract, we finalize your application with full income and asset documentation.
Underwriting & Appraisal
Jumbo underwriting is thorough — expect detailed verification and an appraisal. Our in-house processing keeps it moving.
Close
Sign your final documents, fund the loan, and get the keys. We are with you through the final signature.
Eligibility
Jumbo underwriting is stricter than conforming. Lenders generally want strong credit, significant cash reserves, a low debt-to-income ratio, and a substantial down payment, along with thorough documentation of income and assets. Because there's no government or GSE backstop, the lender is carrying real risk — and they'll want to see that you can clearly support a large loan.
What Our Clients Say
“Don was incredible to work with throughout my entire home-buying process as a first-time buyer. He was always quick to respond, happy to run different numbers for me, and consistently helped me stay on top of my timelines and due dates.”
Cailyn Hankins
Google Review
FAQs
Jumbo Loan FAQs
Because Fannie Mae and Freddie Mac can not buy them, lenders carry more risk and can not offload the loan the same way. That added risk typically shows up as a slightly higher rate than a comparable conforming loan, though this varies with the market.
Anything above the conforming limit for your county. The 2026 baseline is $832,750 for a one-unit home, with higher thresholds in high-cost areas. Above your county's limit, it is jumbo.
Generally, yes. Expect tighter requirements — higher credit standards, more cash reserves, a lower DTI, and a larger down payment than a conforming loan would require.
Yes. Jumbo financing is commonly used for high-end custom construction homes, which often exceed conforming limits by design.
Let's find the right loan for you
Get pre-approved in minutes, or talk it through with a local loan officer first.