Jumbo & Super Jumbo Loans Up to $5M
Finance luxury properties with jumbo loans up to $2.5 million or super jumbo financing up to $5 million. When your property exceeds conforming limits, we have the solution.
What is a Jumbo Loan?
A jumbo loan is a mortgage that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). Because they can't be purchased by Fannie Mae or Freddie Mac, they carry different—often stricter—requirements.
2026 Limits
Baseline: $832,750. High-cost areas (CA, HI, NYC): up to $1,249,125.
Property Types
Primary homes, second homes, and investment properties (1-2 units).
Loan Amounts
Up to $2.5M for primary residence, $1.5M for second/investment.
Fixed Rates Only
15 and 30-year fixed. No ARMs, interest-only, or balloon payments.
Quick Eligibility Check
Answer a few questions to see if you might qualify for a jumbo loan.
What type of property?
Requirements by Property Type
Jumbo loan requirements vary based on how you'll use the property. Here's what to expect for each scenario.
Primary Residence
Your main home
Cash-out refinance available (up to $350K)
Second Home
Vacation property
No cash-out refinance
Investment Property
Rental income property
2-year property management experience required
Super Jumbo Loans: $2M to $5M
For buyers seeking financing beyond standard jumbo limits, super jumbo loans provide access to up to $5 million. Requirements differ from standard jumbo—notably, credit requirements are slightly more flexible at 700+ FICO.
Primary Residence
$2M – $5M
Condos: 5% LTV reduction
Second Home
$2M – $5M
Condos: 5% LTV reduction
Investment Property
$2M – $5M
Condos: 5% LTV reduction
Super Jumbo vs. Standard Jumbo: Key Differences
Loan Range
$2M – $5M
Credit Requirement
700+ FICO
Lower than standard jumbo
Max DTI
45%
Higher than standard jumbo
Same Limits
All 50 States
Including AK & HI
Business Owners Welcome
Self-employed borrowers face additional scrutiny on jumbo loans, but we work with investors who understand entrepreneurial income. Here's what you'll need:
2 Years of Tax Returns
Personal and business returns, signed and complete with all schedules
+3 Months Additional Reserves
Self-employed borrowers need extra cash cushion beyond standard requirements
Stable or Increasing Income
Income declines over 20% from the prior year are typically ineligible
YTD Profit & Loss Statement
Within 90 days of closing, prepared by your CPA or accountant
Business verification
Within 30 days of closing
Eligible vs. Ineligible Properties
Jumbo loans have specific property requirements. Understanding what qualifies can save time during your home search.
Eligible Properties
- Single-family detached homes
- Single-family attached (townhomes)
- 2-unit properties (owner-occupied)
- PUDs (Planned Unit Developments)
- Warrantable condominiums
- Site condos (primary residence only)
- Properties with ADUs (accessory dwelling units)
Ineligible Properties
- 3-4 unit properties
- Manufactured or mobile homes
- Condotels and hotel condos
- Non-warrantable condos
- Cooperatives (co-ops)
- Working farms and ranches
- Properties over 10 acres
- Properties in Lava Zones 1-2 (Hawaii)
- Florida flood zones A or V
State-Specific Considerations
Some states have unique rules that affect jumbo loan eligibility.
California
Higher conforming limits in most counties ($1,249,125). First-time buyers can access up to $1.5M (vs. $1M elsewhere).
California programs →Texas
Important: Cash-out refinances on jumbo loans are restricted by Texas state law. Purchase and rate-and-term refis are available.
Texas programs →Florida
Properties in Flood Zone A or V are ineligible. Investment property condos in Florida are not allowed on jumbo.
Florida programs →Washington
First-time buyers can access up to $1.5M on jumbo. Seattle metro (King, Pierce, Snohomish) has a $1,063,750 conforming limit.
Colorado
Denver metro conforming limit is $862,500. Properties in declining markets may see 5-10% LTV reductions.
Hawaii
Properties in Lava Zone 1 or 2 (Big Island) are ineligible. Conforming limits run $1,249,125–$1,299,500 statewide (Maui and Kalawao are highest).
Loan Amount
$1.3M
Real Client Success Story
"We found our dream home in the Bay Area listed at $1.3 million. Other lenders quoted us rates over 8% for a jumbo loan. Emmett worked with multiple investors and got us approved at 7.125% with just 15% down. The whole process from application to closing was 38 days."
David & Lisa C.
$1.3M Purchase • Jumbo Loan • Palo Alto, CA
Emmett Clark
Licensed Mortgage Loan Officer · NMLS #233747 · 20+ Years Experience
This article has been reviewed for accuracy by Emmett Clark, a licensed mortgage professional serving homebuyers across 18 states including California, Texas, Florida, Arizona, and Colorado. Last updated: July 2026.
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Jumbo Loans by State
Emmett is licensed across 18 states. Explore jumbo loans details, limits, and local programs for your state.
From the blog & learning center
Jumbo Loans articles & guides
Jumbo vs Conforming: Which One Applies to You?
The difference comes down to one number: whether your loan amount is above or below the 2026 conforming limit of $832,750 (or $1,249,125 in high-cost areas).
Read more2026 Conforming Loan Limits by County: High-Cost Areas in the 18 States I Serve
The 2026 baseline conforming loan limit is $832,750, but 9 of the 18 states I'm licensed in have counties with higher limits — here's the exact figure for every above-baseline county.
Read more
2026 Conforming Loan Limits: Complete Homebuyer Guide
FHFA raised 2026 limits to $832,750 baseline and $1,249,125 for high-cost areas. See FHA limits and find your county in our guide.
Read more