Jumbo Loans
Jumbo Loans
High-balance financing for luxury properties and high-cost markets in NJ and NY.
What It Is
Jumbo loans finance properties above the conforming loan limit ($766,550 in most counties, higher in certain NJ/NY markets). They're essential for buyers in high-cost areas and for luxury properties.
Who Qualifies
Borrowers with strong credit (typically 700+), significant assets, and low debt-to-income ratios. Lenders require more documentation and reserves due to the larger loan amounts.
Basic Requirements
—Minimum 700 credit score (720+ preferred)
—Debt-to-income ratio under 43%
—6–12 months of reserves required
—Full income documentation
—Larger down payment typically required (10–20%)
Key Benefits
Loan amounts above conforming limits
Competitive rates for well-qualified borrowers
Fixed and adjustable rate options
Primary, second home, and investment property eligible
Interest-only options available
Tailored to high-net-worth borrowers
Ready to Get Started?
Talk to a loan officer today. We'll review your situation and find the best program for you — no obligation.