High-value home purchases
Explore mortgage solutions for properties and loan amounts above applicable conforming loan limits.
High-value home financing
Jumbo Mortgage Loans
A bigger home loan deserves a smarter financing strategy.
From luxury home purchases to refinancing substantial mortgages, Breeze Funding helps you navigate jumbo loan options and find financing suited to your goals.
What is a jumbo loan?
A jumbo loan is generally a mortgage that exceeds the conforming loan limit set for the property's county and number of units. Unlike conforming loans eligible for purchase by Fannie Mae or Freddie Mac, jumbo loans usually follow lender-specific underwriting guidelines.
Conforming loan limits change each year, and higher limits can apply in certain high-cost areas. We can help determine which loan category applies to your property. You can also review the Federal Housing Finance Agency's current conforming loan limits.
Explore your options
Jumbo financing designed around your needs
Jumbo refinancing
Review rate-and-term or cash-out refinancing options, subject to eligibility and program guidelines.
Complex income scenarios
Business owners, self-employed professionals, and borrowers with substantial assets may have multiple financing options.
Jumbo loan qualification: what matters?
There is no universal set of jumbo guidelines. We review the full financial picture.
Credit and debt-to-income ratio
Underwriting may consider your credit history, monthly obligations, and ability to manage the proposed housing payment.
Down payment and equity
Required down payments and maximum loan-to-value ratios vary by loan program, loan size, and property characteristics.
Income documentation
W-2 income, self-employment, bonuses, commissions, and other acceptable sources may be evaluated differently across lenders.
Assets and cash reserves
Some jumbo programs require funds remaining after closing. Asset documentation and reserve standards depend on the program.
Jumbo vs. conforming mortgages
| Feature | Jumbo loan | Conforming loan |
|---|---|---|
| Loan size | Typically above the applicable conforming limit | At or below the applicable conforming limit |
| Underwriting | Lender- and program-specific | Follows applicable agency guidelines |
| Reserves and down payment | Depend on jumbo program | Depend on conforming product |
| Interest rate | Varies with market and qualifications | Varies with market and qualifications |
Jumbo Loan Frequently Asked Questions
Let’s find the right jumbo loan for you.
Whether you are buying or refinancing, let's review your financing options.
Loan programs, terms, and approval are subject to underwriting and eligibility requirements.