EN
ESStart with the county and loan amount
Conforming limits depend on location, year and unit count. Determine the correct limit before deciding whether jumbo financing is needed.
Expect program-specific requirements
Credit, down payment, debt-to-income and reserve requirements vary substantially by lender and investor. There is no single down payment minimum that applies to every jumbo loan.
Protect your liquidity
Compare the cash required at closing with what remains afterward. Documenting assets and understanding how income is calculated can be especially important.
Let’s start with these details.
- Purchase price and property county
- Income documentation
- Liquid assets and reserves
- Existing real estate and obligations
Educational overview only. Program requirements, availability and terms vary. No guarantee of qualification or approval. For additional consumer guidance, see the CFPB homebuying resources.