Jumbo Loans

Start with the loan amount and the correct county limit

A jumbo mortgage is a loan above the applicable conforming loan limit for the property. The purchase price alone does not determine the loan category. Compare the proposed loan amount with the limit for the county, property units and relevant year.

For a California property, use FHFA's official county tables. A national baseline or high cost ceiling is not the limit for every address.

There is no single jumbo down payment rule

Lenders can have different credit, income, asset, reserve, loan amount and property requirements. Occupancy and the transaction purpose also matter. Do not assume that a jumbo loan always needs the same down payment, costs less than another loan, or preserves more of your savings.

Compare three parts of the budget

• Cash at closing: Review the down payment, lender charges and other transaction costs.
• Ongoing payment: Understand the interest structure and account for taxes, insurance and association dues where applicable.
• Money kept available: Discuss required reserves and your own emergency budget after closing.

What to bring to a first discussion

Have the property address, intended use, estimated price or value, desired loan amount and general income structure available. Ask which supporting documents are needed and how to deliver them securely. Do not upload sensitive records through a general inquiry form.

Ask your lending team to compare available conforming and jumbo options for your actual scenario. Review the official Loan Estimate when provided, rather than treating an online description as your terms.

Contact Strategic Home Loans or review our mortgage FAQ.

Sources: FHFA conforming loan limits and CFPB Loan Estimate explanation.

Educational information reviewed October 23, 2026. Not a commitment to lend. Availability, documentation and approval depend on the applicable lender and underwriting requirements. Strategic Home Loans, NMLS 340445.