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 these loans are larger, they are not backed by the government and typically require stronger borrower qualifications.

Jumbo loans are commonly used for luxury homes, waterfront properties, and high-value real estate throughout Florida.

Who Jumbo Loans Are Best For

• Buyers purchasing higher-priced primary residences
• Clients relocating to Florida from high-cost markets
• Self-employed borrowers with strong assets
• High-income earners seeking flexible financing

Typical Jumbo Loan Requirements

Jumbo loan guidelines vary by lender, but common requirements include:

• Higher credit score requirements
• Larger down payment options (often 10–20% or more)
• Documented income and assets
• Cash reserves after closing

Working with a broker allows you to compare multiple jumbo lenders and find programs that best fit your financial profile.

Why Use a Mortgage Broker for a Jumbo Loan?

• Access to multiple jumbo lenders
• Competitive pricing and lender credits
• Flexible underwriting options
• Local Florida market expertise
• Personal guidance throughout the process

Explore Your Jumbo Loan Options

Every jumbo loan is unique. Instead of guessing, get a personalized review based on your goals, income, and assets.