WHAT IS A PRIME JUMBO LOAN?
A Prime Jumbo Loan is a mortgage solution tailored for borrowers who are looking to finance high-value properties. These loans exceed the conforming loan limits set by Fannie Mae and Freddie Mac and are designed for borrowers with excellent credit and strong financial profiles.
PRIME JUMBO
LOAN OVERVIEW:
Prime Jumbo loans are designed for borrowers purchasing or refinancing homes that exceed conforming loan limits — currently $766,550 in most areas, and higher in designated high-cost regions.
These loans offer competitive interest rates and flexible terms, but require strong borrower profiles with high credit scores, verifiable income, and a healthy asset base. Prime Jumbo is ideal for well-qualified buyers seeking larger loan amounts on primary residences, second homes, or luxury properties.
While underwriting guidelines are more detailed, borrowers benefit from no mortgage insurance, even with lower down payments — making Prime Jumbo a smart, cost-effective option for high-value transactions.
PROGRAM BENEFITS
- Loan amounts available up to $3.5 million
- Up to 50% debt-to-income (DTI) ratio allowed for strong borrowers
- No mortgage insurance (MI) required, even with lower down payments
- Designed for high-credit, high-income borrowers
- Great option for primary residences, second homes, or luxury properties
- Available for purchase or refinance
REQUIREMENTS
- Minimum FICO: 700
- Up to 80% CLTV, depending on borrower profile
- Must have verifiable income and stable employment history
- Strong creditworthiness and asset reserves highly recommended
- Full documentation typically required (W-2s, tax returns, asset verification)
LOAN OPTIONS:
Prime Jumbo loans are designed for borrowers purchasing or refinancing high-value homes that exceed conforming loan limits. These loans offer flexible debt-to-income ratios, no mortgage insurance, and competitive rates — making them an attractive option for well-qualified buyers.
Ideal for primary residences, second homes, or luxury properties, Prime Jumbo financing allows for greater purchasing power without the added cost of MI, even at higher loan amounts.
For buyers with strong credit, solid income, and a healthy asset profile, Prime Jumbo loans provide the flexibility and financing capacity to match premium real estate opportunities.
How Do You Qualify for a Prime Jumbo Loan?
To get started, schedule a consultation with our team at (213) 810-2091. We’ll help you determine if a Prime Jumbo loan fits your financial profile.
You’ll need a strong credit score, verifiable income, and a solid asset and reserve position. Because Prime Jumbo loans exceed standard loan limits, underwriting is more detailed — but well-qualified buyers can benefit from competitive rates and no mortgage insurance.
If you’re financing a high-value home or investment property, we’ll guide you through the steps to secure a jumbo loan tailored to your goals.
HOW LOW WILL YOUR PAYMENT BE?