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Jumbo loan benefits & guidelines
If you’ve outgrown your starter home or are upgrading to a dream property, a jumbo loan helps you finance homes priced above standard limits. A jumbo mortgage is a larger loan for properties exceeding Fannie Mae/Freddie Mac conforming thresholds, making it non-conforming. Limits vary by region—higher in expensive areas to match local market conditions.
What are the current 30-year Jumbo mortgage rates?
This is the national average rates for Jumbo Loans. Rates for a 30-year jumbo mortgage can vary depending on factors like your financial profile, the economy and local housing market trends, so stay informed as you plan your home purchase. See mortgage rate disclaimers for assumptions and details.
Data source: OBMMI
Ready for a jumbo mortgage? Here's why it makes sense.
When your dream home costs more than the FHFA’s conforming thresholds allow, a jumbo mortgage steps in to make it possible. Plus, in today’s market, jumbo loan rates are often quite similar to those for conforming loans—especially for well-qualified applicants.
Jumbo mortgage guidelines
To qualify for a 30-year conventional mortgage, you will need:
Most lenders look for a debt-to-income (DTI) ratio of 43% or lower, a 20% down payment, and a credit score of 700+. Thanks to our extensive relationships with specialized lenders, we have access to a wider range of products that traditional banks and direct lenders often can’t offer—letting us tailor a loan that truly fits your unique situation.
Jumbo Loan Options
Discover jumbo loans custom-tailored specifically for you — flexible options designed around your unique needs
