Jumbo Home Loans
Jumbo loans are designed for homes priced above standard conforming loan limits—common in certain neighborhoods of North County San Diego, coastal California, and higher-priced pockets of Metro Atlanta.
This page covers how Jumbo loans work and how they compare to other options on the Home Purchase Loans and Loan Comparison Guide pages.
What Is a Jumbo Loan?
A Jumbo loan is a mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. Because of the larger loan size, guidelines and pricing may differ from standard Conventional loans.
- Used for higher-priced homes above conforming limits
- Available with a range of down payment options
- Credit, income, and asset documentation are often more detailed
Who Is a Jumbo Loan Best For?
Jumbo may be a good fit if you:
- Are purchasing in a higher-priced market
- Have strong credit and consistent income
- Can bring a larger down payment or have strong reserves
Jumbo vs. Conventional
Sometimes you can structure your financing with:
- A single Jumbo loan, or
- A combination of a Conventional first mortgage and a second lien, depending on your goals.
We’ll model both options and compare the payment, cash-to-close, and long-term cost. A high-level comparison is available on the Loan Comparison Guide.
Jumbo Loans in California & Georgia
As a broker in California and Georgia, Jumbo loans are especially common for:
- California: Certain North County San Diego and coastal markets where prices exceed conforming limits
- Georgia: Select Metro Atlanta neighborhoods with higher price points
Next Steps: See If You Need a Jumbo Loan
We’ll review your target price range and local loan limits to determine whether you actually need a Jumbo loan or if a high-balance Conventional structure might work.