Jumbo loansabove $1.25M,priced across lenders.
When a loan goes above the 2026 conforming limit of $1,249,125, it becomes a jumbo. Each lender writes its own jumbo rules and pricing, so the spread between the best and worst offer can be wide. That is exactly where a broker earns their keep.
Who Jumbo works best for.
A strong fit if
- Your loan amount is above $1,249,125
- You have 10% to 20% to put down
- Your credit score is 700 or higher
- You have savings or investments to cover several months of payments
Compare options if
- Your loan is under $1,249,125. A conventional loan usually prices better
- You are self-employed with complex returns. We may look at bank statement or asset-based options
- You are a veteran with full entitlement. VA has no loan limit and 0% down
Jumbo guidelines in plain numbers.
Jumbo loans are not set by Fannie Mae or Freddie Mac, so each lender writes its own rules. These are typical ranges.
| Loan amount | Above $1,249,125 for 1 unit in Prince George's County, DC and Northern Virginia. Above $832,750 in most other areas. |
|---|---|
| Down payment | Typically 10% to 20%, and more for the largest loan amounts. |
| Credit score | Typically 700+, with the best pricing at 740 and above. |
| Reserves | Typically 6 to 12 months of payments in savings, retirement or brokerage accounts after closing. |
| Debt to income | Typically up to 43%, with some lenders allowing more. |
| Appraisal | Some lenders require two appraisals above a set loan amount. |
| Mortgage insurance | Usually none. Most jumbo lenders simply require more down instead. |
See what a jumbo payment could look like.
Change any number. The estimate flags when your loan would fit under the conforming limit instead.
Jumbo questions we hear every week.
What counts as a jumbo loan in 2026?
Any loan above the conforming limit. In Prince George's County, DC and Northern Virginia that is $1,249,125 for a single family home. In most of the country it is $832,750.
Are jumbo rates higher?
Not always. Jumbo rates can be close to conventional rates, and sometimes lower, because lenders compete for strong borrowers. That is why comparing lenders matters.
Can I put less than 20% down?
Yes. Many lenders offer jumbo loans with 10% to 15% down, usually without mortgage insurance but with stricter credit and reserve rules.
What if I am just over the limit?
A larger down payment can bring you under $1,249,125 and into conventional pricing. We run both ways so you can compare.
Do you offer jumbo loans for self-employed buyers?
Yes. Some lenders qualify self-employed buyers on bank statements or assets instead of tax returns. Ask your loan officer which fits.
Compare other options.
Conventional Loans
3% down for first-time buyers, and mortgage insurance that comes off at 20% equity.
ExploreShort-term plansAdjustable Rate
A lower starting rate for buyers who plan to sell or refinance within a few years.
ExploreVeterans & militaryVA Loans
No down payment and no monthly mortgage insurance for eligible veterans and service members.
ExploreRefinanceRefinance & Cash-Out
Lower your rate, drop FHA insurance, shorten your term or take cash out.
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