If you’re purchasing a home that exceeds $806,500, a jumbo loan is your gateway to luxury homeownership. At Mortgage Capital, we specialize in high-value mortgage solutions designed to help you secure the best rates and terms for your dream home.

    What Is a Jumbo Loan?

    A jumbo loan is a mortgage used to finance properties that exceed the conforming loan limits set by the Federal Housing Finance Agency (FHFA). Since these loans aren’t backed by Fannie Mae or Freddie Mac, they come with stricter approval criteria—but with the right lender, securing a jumbo loan is easier than you think.

    Is a Jumbo Loan Right for You?

    Jumbo loans are ideal for:
    Homebuyers in high-cost areas where property values exceed standard loan limits.
    Luxury homebuyers looking to purchase a primary residence, vacation home, or investment property.
    High-net-worth individuals who need flexible mortgage solutions.

    Loan Benefits: Why Choose Mortgage Capital?

    We understand that financing a high-value home requires expert guidance and tailored solutions. Here’s what makes Mortgage Capital the best choice for jumbo loans:

    • Higher Loan Limits – Borrow beyond the conforming loan cap to purchase the home you truly want.
    • Flexible Loan Terms – Choose between fixed-rate or adjustable-rate jumbo loans.
    • Competitive Interest Rates – We work with top lenders to negotiate the best rates for our clients.
    • Personalized Service – Our team of jumbo loan experts guides you through the entire mortgage process.
    • Fast Approvals – We streamline the underwriting process to get you approved faster.

    Requirements: What You Need to Qualify

    Since jumbo loans are considered higher-risk, lenders set stricter qualification standards. Here’s what you’ll need:

    Minimum Credit Score: 700+ (some lenders require 760+ for the best rates).
    Down Payment: Typically 10-20% (varies by lender and loan amount).
    Debt-to-Income Ratio (DTI): Preferably below 43% to demonstrate financial stability.
    Cash Reserves: Must show proof of 6-12 months of mortgage payments in savings.
    Income & Asset Documentation: Full tax returns, W-2s, 1099s, bank statements, and investment details.
    Property Appraisals: Some lenders may require multiple appraisals to verify home value.

    💡 Tip: Strengthening your credit score, increasing your down payment, and reducing debt can help secure better rates!

    How to Get the Best Jumbo Loan Rates

    Boost Your Credit Score – Pay down debts and maintain a strong credit profile.
    Lower Your DTI Ratio – Reducing existing debts can increase your loan approval chances.
    Increase Your Down Payment – A larger down payment can unlock better rates and terms.
    Compare Lenders – Shopping for rates can save you thousands over time.

    Not sure where to start? Let us help! Call 561-300-0380 to get a free consultation today.

    Why Work with Mortgage Capital?

    At Mortgage Capital, we go beyond just securing your mortgage—we provide expert guidance, exclusive loan options, and a seamless loan process.

    Industry Experts: Decades of experience in jumbo mortgage lending.
    Low Rates, High Savings: Access competitive interest rates with flexible terms.
    Fast & Hassle-Free Approvals: Streamlined application process for faster closing.
    Personalized Loan Solutions: Every client receives a tailored mortgage strategy.

    FAQs About Jumbo Loans

    What loan amount is considered a jumbo loan?

    Any mortgage that exceeds $806,500 in most counties is classified as a jumbo loan. However, in high-cost areas, the limit can go up to $1,209,750.

    What down payment is required for a jumbo loan?

    Most lenders require at least 10-20% down. However, some borrowers with strong financials may qualify for lower down payments.

    Does it have higher interest rates?

    Not always! Some lenders offer competitive or even lower rates for jumbo loans, especially for high-net-worth clients.

    How do I qualify?

    You’ll need a strong credit score, low debt-to-income ratio, significant cash reserves, and documented income. Mortgage Capital can help you navigate the process and improve your approval chances.

    Get Started with Mortgage Capital Today!

    If you’re looking to finance a luxury home, vacation property, or investment estate, a jumbo loan from Mortgage Capital is your best choice.

    • Competitive Rates
    • Fast Pre-Approvals
    • Expert Guidance

    Call us today at 561-300-0380 or apply online now to start your loan journey!