Jumbo Loans in Fresno & the Central Valley
A jumbo loan is a mortgage that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). Jumbo loans let you finance higher-priced properties that don't qualify for conventional conforming loans.
Who Jumbo Loans May Be Right For
Buyers purchasing luxury homes or properties in higher-priced markets where the loan amount exceeds conforming limits.
Advantages
- Borrow amounts above standard county loan limits
- Fixed-rate and adjustable-rate options available
- Can finance primary residences and second homes
- Flexible terms for high-value properties
Things to Consider
- Requires higher credit scores (typically 700+)
- Larger down payments are usually required (often 10–20%)
- Stricter debt-to-income and cash-reserve requirements
Credit Considerations
Most jumbo loans require a credit score of 700 or higher, with a strong, well-documented credit history.
Down Payment Considerations
Jumbo loans generally require a down payment of 10–20% or more, depending on the loan amount, property type, and your overall financial profile.
How the Application Works
- 1
Get pre-qualified
We review your income, assets, and reserves to determine your jumbo loan eligibility.
- 2
Find your home
Shop in the higher price range with a pre-qualification that signals serious buying power.
- 3
Submit and verify
Provide detailed documentation for underwriting, including reserves and asset verification.
- 4
Close on your home
Complete appraisal and underwriting, then sign final documents and receive your keys.
Typical Documentation
- 30 days of pay stubs and two years of W-2s
- Two years of federal tax returns
- Documentation of all assets and reserves
- Proof of additional income sources if applicable
- Photo ID and Social Security number
Jumbo Loans Frequently Asked Questions
What is the conforming loan limit in Fresno County?
Conforming loan limits are set annually by the FHFA and vary by county. Loans above the Fresno County limit are considered jumbo. We can confirm the current limit and whether your loan amount qualifies as jumbo.
Can I get a fixed-rate jumbo loan?
Yes. Jumbo loans are available in both fixed-rate and adjustable-rate options, so you can choose the structure that best fits your long-term plans.