Jumbo Program

Jumbo Loan

Financing beyond conforming limits for luxury and high-value homes.

Jumbo loans exceed the conforming loan limits set by the FHFA and are designed for financing high-value properties. They require strong credit and financials.

10%
Min Down Payment
700
Min Credit Score
43%
Max DTI

Key Features

  • Loan amounts exceeding conforming limits
  • Available for primary, second homes, and investment
  • Fixed and adjustable rate options
  • Interest-only options available
  • Competitive rates for qualified borrowers

Ideal For

  • Luxury home buyers
  • High-net-worth individuals
  • Buyers in high-cost markets
  • Those needing loans above $766,550 (2024 limit)

Weighing Your Options

Advantages

  • Finance luxury properties
  • Competitive rates for strong borrowers
  • Flexible property types
  • High loan amounts

Considerations

  • Higher credit requirements
  • Larger down payment
  • More reserves needed
  • Stricter underwriting

What You'll Need

  • Minimum 700 credit score
  • 10-20%+ down payment
  • Significant cash reserves (6-12 months)
  • Full income documentation
  • Lower DTI ratio preferred

Apply for Jumbo

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By submitting, you consent to Ciro Hernandez at Rize Mortgage reaching out about your homeownership goals. NMLS #581415.