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Jumbo Loan

For Homes That Go
Beyond the Standard Limit

Higher loan amounts, competitive rates, and more flexibility than most people expect. If your purchase price pushes past the conforming limit, here's what to know.

What Is a Jumbo Loan?

A jumbo loan is a mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. In most Colorado counties, that limit is $832,750 for 2026. Because they can't be sold to Fannie/Freddie, lenders hold them in-house and set their own qualifying guidelines.

$832,750
2026 conforming loan limit — jumbo starts above this in most CO counties
Source: FHFA.gov
10–20%
Typical down payment range for jumbo loans
Source: CFPB
700+
Typical minimum credit score required by most jumbo lenders
Source: CFPB

Is This Loan Right for You?

✔ Great fit if…

  • The home price exceeds conforming loan limits in your area
  • You have strong credit (typically 700–720+)
  • You have significant reserves beyond your down payment
  • Your income is well-documented and stable

✗ May not be the best fit if…

  • Your purchase price falls within conforming limits
  • Your credit or reserves don't meet jumbo guidelines
  • You're looking for low down payment options

The Numbers at a Glance

Loan amount threshold Above $832,750 in most Colorado counties for 2026 Source: FHFA.gov
Down payment Typically 10–20%+ depending on lender and borrower profile Source: Consumer Financial Protection Bureau
Credit score Usually 700–720 minimum — higher scores get better terms Source: Consumer Financial Protection Bureau
Cash reserves 6–12+ months of mortgage payments typically required
Income documentation Full documentation usually required
PMI Varies by lender and down payment amount

What People Get Wrong About Jumbo Loans

Myth
"Jumbo loans always have much higher rates."

Jumbo rates are often competitive with — and sometimes even lower than — conventional rates, depending on market conditions and your lender. The spread varies and it's worth comparing.

Myth
"You need 20% down for a jumbo loan."

Some lenders offer jumbo loans with as little as 10% down for well-qualified borrowers. Requirements vary by lender, which is exactly why it helps to shop with someone who knows the landscape.

Myth
"Jumbo loans are harder to get approved."

They do have stricter qualifying standards — but if your financials are solid, the process is straightforward. The key is working with someone who knows which lenders have the most favorable jumbo guidelines.

Let's Talk Through Your Jumbo Options

First step is confirming whether your purchase actually puts you in jumbo territory for your county — it's not always obvious.

1
We confirm whether the loan amount puts you in jumbo territory for your county
2
I walk you through what lenders will look at most closely for your situation
3
You get a clear picture of your options before you make an offer
Schedule a Clarity Call ← Explore other loan options
This is not a commitment to lend. All loans are subject to credit approval and underwriting guidelines. Conforming loan limits are subject to annual adjustment by the FHFA. Terms, rates, and programs are subject to change. Kathie Fish NMLS #2609071 | Client Direct NMLS #1065732