Jumbo Loans


Jumbos and Super Jumbos

Jumbo home loans which are also referred to as Jumbo mortgages or just “jumbos” are loans used to purchase or refinance homes when the amount of the loan exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. Down payments start at 10% (90% loan-to-value) for primary residences. Loan approval criteria for these large loans is typically more stringent than other loan types. Strong credit is often required and lenders like to see assets that serve as reserves (funds available for financial security beyond the funds needed for down payment). Loan amounts exceeding $1 Million are often referred to as Super Jumbos.

VA Jumbos

In 2020, the VA removed their maximum loan limits for qualifying Veterans with full entitlement. This means that Veterans can now purchase upper-end properties with zero down payment required.

Our Boise loan experts are well versed in Jumbo loans. Contact us at (208) 388-0500 or get started online, if you would like to compare the Jumbo mortgage to other options.




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