What is a jumbo loan?

A Jumbo mortgage can help you get into the home of your dreams that just happens to come with a larger price tag. It is a non-conforming loan, which simply means that the amount you want to borrow is over $453,100 (or $679,650 in high-cost areas). Depending on your needs, you can choose between a fixed-rate and an adjustable rate mortgage (ARM).

Can I qualify for a jumbo loan?

Because a Jumbo loan is not eligible for purchase by Fannie Mae or Freddie Mac, they must be sold on the secondary market. What does that mean for you? It means that they can have stricter credit score guidelines and may require larger down payments.

The minimum credit score depends on a variety of factors, so be sure to check with your Loan Officer about your specific situation.

How much is the down payment for a jumbo loan?

The down payment required depends on a variety of factors. Eagle Home Mortgage has a variety of Jumbo loans for our borrowers that can fit almost any situation, so contact your loan officer for specifics.

Get pre-qualified now to see how much home you can afford!


  • Purchase your forever home that has a bigger price tag
  • Ability to choose between a fixed rate or an adjustable rate mortgage
  • Jumbo mortgages allow you to borrow the full amount of money that you need instead of breaking it into two different loans
  • Buy that dream home in a highly desirable real estate market

Ready to begin your loan application?Get Pre-Qualified

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