Jumbo Loans

How this loan works

Jumbo loans are mortgages that exceed the conforming loan limits set for Fannie Mae and Freddie Mac (limits that adjust annually and vary by county). Higher-priced homes in strong Twin Cities neighborhoods — and in the coastal markets we're licensed in, like California and Florida — routinely require jumbo financing.

Jumbo underwriting looks deeper at reserves, income structure, and overall financial strength, and in exchange offers loan amounts well into the millions with competitive pricing. If your income includes equity compensation, business ownership, or complex assets, this is where an experienced team earns its keep — structuring the file so your real financial strength shows.

Program highlights

Loan amounts into the millions

Financing for properties well beyond conforming limits.

Competitive jumbo pricing

Strong borrowers often find jumbo rates surprisingly close to — sometimes better than — conforming rates.

Complex-income friendly

We regularly structure files for business owners, executives, and investors with layered income.

Second homes too

Jumbo financing extends to second homes and vacation properties in our licensed states.

The path, step by step

Financial review

A deeper first conversation — income structure, assets, reserves — so we position the file correctly.

Pre-approval

A fully documented pre-approval that stands up in competitive, high-price-point negotiations.

Structure & underwrite

Loan structured for your goals; our production team manages the heavier documentation.

Close

On time, with no surprises — at any price point.

Common questions

What makes a loan "jumbo"?

Any loan amount above the conforming limit for the property's county. Limits adjust every year, so the threshold moves — we'll tell you exactly where it sits for the county you're buying in.

Do jumbo loans require 20% down?

Not necessarily. Down payment requirements vary with loan size and overall strength of the file; well-qualified buyers can often put down less than 20% on a jumbo loan.

Are jumbo rates higher?

Often they're comparable to conforming rates, and for very strong borrowers occasionally better. Pricing depends on the full picture — we'll quote your actual scenario.