Financing for higher-priced homes.

A jumbo loan is a mortgage that exceeds the conforming loan limits set by the FHFA. When a purchase price or loan amount is above that limit, you need a jumbo (non-conforming) loan rather than a standard conventional mortgage.

The conforming loan limit is the largest loan amount Fannie Mae and Freddie Mac will buy. For 2026, the baseline limit is $832,750 for a one-unit property in most of the country. Loan amounts above that are considered jumbo and follow different guidelines. The limit isn't the same everywhere. In counties where home prices run well above the national average, it can go as high as $1,249,125, and Alaska, Hawaii, Guam, and the U.S. Virgin Islands have their own higher limits. Most counties across Texas, Louisiana, and Alabama sit at the baseline, but limits are set county by county and the FHFA updates them every November — so it's worth confirming for the specific area you're buying in.

Down payment requirements vary by lender and borrower profile. Many jumbo programs start around 10–20% down, though some options may be available with less depending on credit, reserves, and loan amount.

Jumbo rates are often competitive with conventional rates for well-qualified borrowers, but pricing depends on credit score, down payment, loan amount, and reserves. I will shop multiple options to find the best fit.

Strong credit (often 700+), documented income, cash reserves after closing, and a manageable debt-to-income ratio. Jumbo underwriting is typically more detailed than standard conventional loans.