Jumbo Loans 2025 | High-Balance Mortgages with Wain Capital
Jumbo Loans 2025: Financing Beyond Conforming Limits
What Is a Jumbo Loan?
A Jumbo mortgage is a home loan that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). These limits determine the maximum loan size that Fannie Mae or Freddie Mac can purchase.
- 2025 Conforming Loan Limit (most areas): $806,500
- High-Cost Counties: Up to $1,209,750
Key Features of Jumbo Loans
- Loan amounts above $806,500 (or higher, depending on county)
- Available for primary residences, second homes, and investment properties
- Terms: up to 30 years, with fixed or adjustable rates
- Stricter underwriting: higher credit scores, lower DTI, larger reserves
- Down payments often 10–20% or more, depending on lender and profile
who need more than these limits will require a Jumbo loan.
Jumbo Loan vs Conforming Loan
Loan Limit
- Jumbo: Above $806,500 (up to $1,209,750 in high-cost areas)
- Conforming: Up to $806,500 (most counties)
Credit Score
- Jumbo: Typically 680+
- Conforming: 620+
Down Payment
- Jumbo: 10–20%+
- Conforming: 3–5%
Mortgage Insurance
- Jumbo: Not required but stricter terms
- Conforming: PMI if <20% down
Who Should Consider a Jumbo Loan?
- Buyers in high-cost housing markets (Scottsdale, CA coast, major metros)
- Borrowers with strong income and credit profiles
- Families seeking luxury or larger properties
- Investors purchasing high-value second homes or rentals
FAQs About Jumbo Loans
Do Jumbo loans have higher interest rates?
Yes, typically higher than conforming loans, though competitive options exist.
Can I use a Jumbo loan for an investment property?
Yes — Jumbo loans can finance primary, secondary, or investment properties.
Do Jumbo loans require two appraisals?
Sometimes — depending on loan size, lender, and property risk.than conforming loans. They may also have different requirements for credit scores and debt-to-income ratios than conforming loans.
Jumbo Loans with Wain Capital
At Wain Capital, we specialize in guiding clients through Jumbo financing across Arizona, California, Texas, Florida, Colorado, and Oregon. Our team helps you compare options, qualify with confidence, and secure financing for your dream home.
Ready to explore Jumbo financing? Contact us today to get personalized guidance.