Get the mortgage you need for your dream home
Mortgage Your Way
Higher borrowing limits than conventional mortgages.
Increase loan-to-value ratio by up to 90% with a jumbo loan.
Save on Interest
Competitive interest rates versus conventional mortgage rates.
Qualify for a jumbo mortgage loan
Create an account in our online application platform. Here's what you'll need to apply for a jumbo loan.
Go beyond conforming limits
Exceed the Federal Housing Finance Agency limit for your market and qualify for a jumbo loan of up to $3 million.
Get a good rate
The right loan for your dream home could end up saving you money on interest.
Structure it your way
Choose from standard fixed-rate or adjustable-rate mortgage options based on your needs.
If you're eligible for down payment assistance, you may be able to make a lower lump sum payment.
Get guidance through the homebuying process. We're here to help.
Keep your home and your family safe
Protect all your vehicles
People often ask us
A jumbo loan is a type of mortgage in which the loan amount exceeds the limit set by the Federal Housing Finance Agency, or FHFA. They're primarily designed for purchasing luxury homes or homes in highly competitive housing markets.
The major difference between jumbo loans and conventional home loans is their size. Due to their larger size, jumbo loans are ineligible for Fannie Mae or Freddie Mac to purchase or guarantee, making them slightly riskier than conventional mortgages. As a result, eligibility requirements are usually stricter for jumbo loans.
To qualify for a jumbo loan, it helps to have excellent credit with a score above 700, as well as a low debt-to-income ratio, or DTI. Some lenders may ask for documentation showing you have enough cash on hand to cover the first 6 months or 1 year of mortgage payments.
Each year, the Federal Housing Finance Agency, or FHFA, determines the maximum loan limit for conventional mortgages in the US. In certain places, including higher cost-of-living areas, the limit is higher. You can visit Fannie Mae to see this year's loan limits. To purchase a single-family home above the limit in your area, you'll need a jumbo loan.
Subject to credit approval.
Not applicable in all states.
Bank deposit products are offered by First Citizens Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.