Jumbo Loans
Have a borrower that exceeds the conforming loan limit? Not to worry—we have tons of jumbo solutions to meet most borrowers’ needs.
Combine that with in-house delegated underwriting, and we control the process end-to-end. Jumbo lending is not limited to the banks; Preferred Rate is a top lender in the jumbo space.
As seen in:
Top military lender
NMP
Top mortgage lender
Scotsman guide
5-Star Lender
MPA
TOP LENDER
CALHFA
TOP EMPLOYER
DIVERSITY JOBS
TOP 100 MORTGAGE COMPANIES
MORTGAGE EXECUTIVE
5-STAR LENDER
Mortgage Professional America
TOP 250 LATINO MORTGAGE ORIGINATORS
NAHREP
MOST LOVED MORTGAGE EMPLOYERS
NMP
TOP MORTGAGE LENDER
Scotsman Guide
TOP MILITARY LENDER
NMP
TOP 15 VA LENDER
Scotsman Guide
Product highlights
- Loan amounts up to $10,000,000
- Maximum 90% LTV for primary and second homes
- Fixed, ARM, and interest-only options available
- Credit scores as low as 660 (program dependent)
- Asset depletion qualifying available
- Primary, second home, and investment properties eligible
Borrower advantages
- Gift funds can be used for a down payment
- Stock (RSU) income allowed
- Split mortgage options can provide an overall better payment than a traditional one mortgage solution
Realtor advantages
- In-house operations team handles from end-to-end — controlling the experience and closing on time
- Expand your client reach with more jumbo options
- Split mortgages can be a great solution for homes that exceed high-balance conforming limits where rates are often higher. The house payment is split between a first and second mortgage, often providing a lower payment
- Down payment may be as low as 10%*
Frequently asked questions
With short and easy to understand answers.
Couldn’t find your answer?
[email protected]What is a jumbo loan?
A jumbo loan is used when your loan amount exceeds conventional loan limits.
Are jumbo loans harder to qualify for?
They typically require stronger credit, income, and assets — but jumbo rates are often very competitive.
Do I need 20% down?
Not always. Down payment requirements vary based on the loan and borrower profile.
Is a jumbo loan only for luxury homes?
Not necessarily — in higher-cost markets, many standard homes require jumbo financing.
Couldn’t find your answer?
[email protected]Loan Programs
Loan Programs
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- Competitive rates
- Expert support
- Easy process