Big home. One loan. Zero drama.
When the home you want is priced above conforming loan limits, jumbo financing lets you buy it with a single mortgage — with fixed and adjustable options and an experienced House of Mortgage team behind you.
What is a jumbo loan?
A jumbo loan is a mortgage for an amount above the conforming loan limits set for Fannie Mae and Freddie Mac — $832,750 for a single-family home in most areas for 2026, and higher in designated high-cost areas. Because these loans can't be sold to the GSEs, lenders underwrite them more carefully: stronger credit, fuller documentation, and larger reserves. For qualified buyers, that means financing a higher-priced home with one clean mortgage.
- For loan amounts above the conforming limit — $832,750 in most areas for 2026
- Available for primary residences, second homes, and investment properties
- Fixed-rate and adjustable-rate options available
- Typically requires stronger credit, fuller documentation, and cash reserves
- PMI usually not required; lenders may ask for a larger down payment or stronger credit instead
Why buyers choose a jumbo loan.
Built for higher-priced homes and competitive markets. As always, terms depend on your individual scenario.
Higher loan amounts
Borrow beyond the standard conforming caps to finance the property you want without piecing together multiple loans.
One mortgage, one closing
Finance the full purchase through a single loan with unified terms and one monthly payment.
Flexible structures
Choose a fixed rate for predictability or an ARM with an often-lower introductory rate, depending on your plans.
Competitive pricing for strong profiles
Borrowers with strong credit, income, and reserves may secure competitive jumbo pricing aligned with their scenario.
Types of jumbo loans.
Several structures, one goal: the right financing for a higher-value property. Availability varies by scenario.
Fixed-Rate Jumbo
Predictable principal-and-interest payments for the full loan term.
Adjustable-Rate Jumbo (ARM)
An often-lower starting rate that adjusts after a set introductory period.
Jumbo Cash-Out Refinance
Access the equity in a higher-value property by refinancing into a new, larger loan.
Jumbo Investment Property
Financing for higher-value income properties using an investor-focused underwriting approach.
What it takes to qualify.
Jumbo underwriting digs deeper. Here is what most lenders look for, and what House of Mortgage reviews when you apply.
Credit score
Typically 680 or above; pricing may improve with stronger scores. Lower scores may be considered with strong compensating factors.
Down payment
Typically 10–20% or more, depending on the property, loan amount, and overall financial profile.
Income & documentation
Full documentation — tax returns, pay stubs or business financials, and verified assets.
Debt-to-income (DTI)
Generally 43% or lower, though some programs may allow more with strong compensating factors.
Cash reserves
Typically several months of mortgage payments in reserve after closing, varying by loan size and scenario.
Appraisal
A full appraisal is required; higher-value properties may require a second appraisal.
How to apply for a jumbo loan.
A deeper review, made painless by your HOM team. Closing timelines vary by loan and transaction.
Check your options
Share your goals and financial picture for an initial read on eligibility and payment range. Soft credit pull only to start.
Get pre-approved
Submit documentation via our secure portal so your pre-approval carries real weight with sellers.
Shop & make offers
House-hunt with confidence; your advisor helps you structure competitive offers on higher-value properties.
Underwriting & appraisal
Full file review and appraisal ordering, with progress tracked in your dashboard.
Lock & close
Lock your rate, sign digitally, and close with your team managing the final details.
Jumbo loan FAQs.
How do jumbo loan rates compare?
Do jumbo loans require PMI?
How does a jumbo loan work?
What is the minimum down payment for a jumbo loan?
When do I need a jumbo loan?
Financing a higher-priced home? Let's run your numbers.
No hard credit pull to explore your options. Get a clear read on your jumbo eligibility, pricing, and payment before you make your next offer.
Important rate & fee disclosures
Jumbo loans are mortgage amounts exceeding the conforming loan limit — $832,750 for a single-family home in most areas for 2026; limits are higher in designated high-cost areas and are updated annually. Typical down payments of 10–20% or more, credit scores of 680 or above, documentation, and cash-reserve requirements apply and vary by program and individual scenario.
Rates, APRs, and terms vary by credit profile, loan-to-value, property type, and program guidelines and are not guaranteed. Not a commitment to lend.