Jumbo
Jumbo Loans
Financing above conforming loan limits for higher-priced homes.
Overview
Jumbo loans are designed for properties that exceed the conforming loan limits set by Fannie Mae and Freddie Mac. With larger loan amounts come more rigorous qualification standards, but jumbo loans provide the flexibility to finance luxury, high-value, and competitive-market properties. They can be used for primary residences, second homes, and investment properties.
Who It May Fit
Buyers purchasing higher-priced homes above conforming loan limits, with strong credit and significant assets.
Potential Benefits
- Loan amounts above conforming limits
- Available for primary, second home, and investment properties
- Fixed and adjustable rate options
- No mortgage insurance required by agencies
- Flexible property types
Important Considerations
- Stricter credit and debt-to-income requirements
- Larger down payment typically required (often 10–20%+)
- More reserves needed after closing
- More documentation of assets and income
Next Step
Talk to Kahren Oxner
Founder & CEO
Connect with Kahren to review eligibility, structure, and next steps.