Skip to content
804Mortgage
CONTACT US 
 
  
 
 EXCELLENT Google star 1Google star 2Google star 3Google star 4Google star 5 
 
 121 reviews
Jumbo loan

Above the conforming loan limit, and still straightforward.

A jumbo loan is any mortgage above the conforming limit, which for 2026 is $832,750 on a one-unit home. The underwriting is tighter, the documentation is heavier, and—with us—the process is clear.

Get pre-approvedTalk it through
At a glance

Jumbo loan

Loan amountAbove $832,750
Minimum down10% to 20% on a primary home
Credit scoreTypically 700+, investor dependent
Cash reserves12 months typical
Today's rateCall for today's rate
Start pre-approval

What makes a loan jumbo

One thing only: the size of the loan.

Fannie Mae and Freddie Mac will only buy loans up to the conforming limit. Above that figure the lender keeps more of the risk, so the qualifying bar rises: a higher credit score, a larger down payment, and real cash reserves after closing.

In practice that means heavier documentation rather than a harder decision. If your income and assets are well documented, a jumbo loan is not a difficult loan — it is a thorough one. We tell you what underwriting will ask for at the start, so nothing surfaces late.

Compare with a conventional loan
What you'll need
Loan amountAbove $832,750
Down payment10% to 20% on a primary home
Second home / investment20% and 25%+ respectively
Credit scoreTypically 700+, 720+ prices better
Cash reserves12 months typical
Income documentationFull, and thorough
Debt-to-incomeTighter than conventional
Property typesPrimary, second, investment

From question to keys, in four steps

1

Pre-approval

We map the documentation before you shop.

2

House hunt

A pre-approval that survives a seller's scrutiny.

3

Underwriting

Two appraisals are sometimes required at this size.

4

Closing

Sign, fund, and get the keys.

Worth checking first

You may not need a jumbo loan at all

The conforming limit rose to $832,750 for 2026. Some purchases that would have needed a jumbo loan last year now fit inside a conventional one, which usually prices better.

A larger down payment can also bring the loan under the limit. We check that before assuming it's a jumbo.

See conventional loans
A large white colonial home with dormer windows and a deep front lawn

Buying above the conforming limit?

The buyer-agent commission scales with the price. Use our in-house agents and half of it comes back to you at closing.

See Bundle & Save

Jumbo loan questions

What is the jumbo threshold in 2026?
The baseline conforming limit for a one-unit home is $832,750 for 2026, set by the Federal Housing Finance Agency. Anything above that is a jumbo loan. A few high-cost counties have a higher ceiling; Richmond uses the baseline.
Do jumbo loans have higher rates?
Not always. Jumbo pricing tracks the wider market and sometimes comes in close to conventional. It depends on the lender, your credit and your reserves. Call for today's rate rather than assuming a premium.
What credit score do I need for a jumbo loan?
Around 700 is the usual starting point and 720 prices better, but this is an investor overlay rather than a fixed rule — it moves with the lender, your reserves and the rest of your application. As a broker we shop it rather than accepting the first answer.
How much do I need in reserves?
Twelve months of payments is a common requirement, though it varies by lender and by how strong the rest of your application is. We tell you the target before you make an offer.
Can I get a jumbo loan if I am self-employed?
Yes, but expect the documentation to be thorough — typically two years of returns plus supporting statements. Complex returns are workable; they just need more lead time. Start the conversation early.

Let's map the documentation

Pre-approval is free, and knowing what underwriting wants up front is half the work.

Get pre-approvedBook a call
Or call (804) 593-0344