Above the conforming limit. Below the bank's rate sheet.
Loan sizes above the county conforming limit, priced through portfolio lenders and non-QM jumbo desks rather than the single bank that pre-approved you. The pricing gap on a jumbo is often half a point or more.
Why jumbo pricing varies so much between lenders
Once a loan exceeds the county conforming limit, Fannie Mae and Freddie Mac can’t buy it — so every lender prices jumbo loans off its own balance sheet appetite. That’s why two banks can quote the same borrower rates half a point apart on the same day. There is no single “jumbo rate.” There’s a market, and you want someone working it in your favor.
We price jumbo files across portfolio lenders, credit unions’ wholesale desks, and non-QM jumbo investors simultaneously. On a seven-figure loan, the difference between the first quote and the best quote is real money every month for decades.
Built for complex income
Jumbo borrowers are disproportionately self-employed, equity-compensated, or asset-rich — exactly the profiles a standard W-2 underwrite handles worst. Our jumbo pool includes asset-depletion programs (qualify on liquid assets instead of income), bank-statement programs for business owners, and interest-only structures for borrowers managing cash flow deliberately.
Second homes, high-rise condos, and foreign national borrowers are all financeable in this space. If a retail bank told you no — or quoted you a rate that assumed you wouldn’t look any further — it’s worth a second look.
Jumbo Loans: common questions
What makes a loan “jumbo”?
Any loan above the conforming limit for the county where the property sits. The limit adjusts annually and is higher in high-cost areas — we’ll confirm the current threshold for your county when we scope the file.
How much do I need down on a jumbo loan?
Owner-occupied jumbo programs start around 10% down at lower loan amounts, with 20% as the standard tier. Larger loans, second homes, and lower credit scores step the requirement up. Reserves — months of payments in the bank after closing — matter more in jumbo than anywhere else.
Can I qualify for a jumbo loan if I’m self-employed?
Yes. Beyond full-documentation underwriting, we run bank-statement programs (12–24 months of deposits stand in for tax returns) and asset-depletion programs that qualify you on liquid assets. The rate premium for these is smaller than most borrowers expect.
Are jumbo rates higher than conforming rates?
Not necessarily — jumbo rates frequently run at or below conforming, because the lenders holding these loans compete for high-quality borrowers. The spread changes with the market, which is exactly why it pays to have lenders compete for your file.
Send us the scenario. We'll tell you if Jumbo is the right fit — and what it prices at.
No SSN, no credit pull. A licensed broker reviews the scenario and replies by the next business day.
Program features described above are general descriptions of loan programs offered by third-party lenders and are subject to change without notice. This is not an offer of credit or a commitment to lend. All loans are subject to credit approval, income and asset verification, property appraisal, and program eligibility requirements. Not all applicants will qualify. Verified Home LLC is a mortgage broker, not a lender, and arranges loans with third-party providers. NMLS #2693996. Equal Housing Opportunity.