Your Best Mortgage Options — Instantly
- Get matched with vetted mortgage lenders in minutes
- Save time with one simple form — no need to shop dozens of sites
- No credit impact. No sales pressure. Just the best fit for your goals
Jumbo Loans Financing High-Value Properties Simplified
Flexible financing for high-value homes—without the limits of conforming loans.
Sponsored💬 Buying Above the Conforming Limit? You’re in the Right Place.
Whether you’re eyeing a luxury primary residence, vacation home, or investment property, a jumbo mortgage gives you access to higher loan amounts—without conforming loan limits holding you back.
At My Perfect Mortgage, we match creditworthy buyers with competitive jumbo mortgage solutions that meet their financial goals and timelines.
✅ Why Choose a Jumbo Loan?
- Loan amounts starting just above $766,550 (2024 conforming limit in most areas)
- Up to $3 million+ with lender approval
- Competitive fixed and adjustable rate options
- Available for primary, second homes, and investment properties
- No PMI (Private Mortgage Insurance) required in many cases
- Flexible asset and income documentation for high-net-worth borrowers
- Use for new purchases or refinances
🧠 Who It’s For
Jumbo mortgages are ideal for:
- High-income earners purchasing premium properties
- Buyers putting 10–30% down on homes over the conforming limit
- Self-employed professionals with strong assets and documentation
- Real estate investors financing high-value properties
- Individuals purchasing in high-cost markets like California, New York, Florida, or Colorado
📊 What You’ll Need to Qualify
Jumbo loans often require more detailed documentation than conventional loans—but our process keeps it smooth and straightforward.
You’ll typically need:
- 700+ credit score (some programs allow lower with compensating factors)
- 10–20% down payment (varies by loan size and occupancy)
- Debt-to-income ratio below 43%
- 12–24 months of income or business documentation
- Asset verification for down payment + reserves
- Recent appraisal and property review
🔍 Jumbo vs. Conforming Loans
| Feature | Jumbo Loan | Conforming Loan |
|---|---|---|
| Loan Limit | Over $766,550 | Up to $766,550 (2024 limit) |
| Interest Rate | Slightly higher (varies) | Typically lower |
| Down Payment | 10–20%+ | As low as 3% (for some types) |
| PMI Requirement | Often waived | Required if <20% down |
| Documentation Rigor | Higher | Moderate |
| Use Cases | High-value homes, investments | Primary and typical homes |
🏅 Why My Perfect Mortgage?
- Smart matching with top-rated jumbo lenders
- Fast-track pre-approvals so you can shop with confidence
- No guesswork—just clear guidance from loan experts
- Trusted by thousands of borrowers nationwide
- No pressure. No spam. Just the right loan for your goals.
Your Best Mortgage Options — Instantly
- Get matched with vetted mortgage lenders in minutes
- Save time with one simple form — no need to shop dozens of sites
- No credit impact. No sales pressure. Just the best fit for your goals
Questions We Get Asked About Jumbo Loans
What is the current jumbo loan limit?
For 2024, any loan above $766,550 is considered jumbo (higher in select high-cost counties).
Is a jumbo loan harder to get?
They require more documentation, but a strong borrower profile makes the process straightforward.
Can I use a jumbo loan for a second home or investment?
Yes. Jumbo loans are available for primary, secondary, and some investment properties.
Is private mortgage insurance (PMI) required?
Most jumbo loans don’t require PMI with 20% down or more. Some programs waive PMI with lower down payments.
Are jumbo rates higher?
Rates can be slightly higher than conforming, but vary based on loan size, credit, and lender.
Your Best Mortgage Options — Instantly
- Get matched with vetted mortgage lenders in minutes
- Save time with one simple form — no need to shop dozens of sites
- No credit impact. No sales pressure. Just the best fit for your goals
