Jumbo Loans
Buying a high-value home in Northern Virginia? A jumbo loan finances properties above conventional loan limits with competitive rates for well-qualified borrowers.
Jumbo Loan Features
Jumbo loans are designed for borrowers purchasing or refinancing high-value properties that exceed conforming loan limits.
Finance luxury and high-value properties above conforming limits
Competitive rates for well-qualified borrowers
Fixed and adjustable rate options available
Loan amounts typically from $766,550 up to $3 million or more
Primary residence, second home, and investment property options
Interest-only payment options available on select programs
Cash-out refinance available
Personalized underwriting for complex financial profiles
Qualification Requirements
Jumbo loans have stricter requirements than conventional loans due to the larger loan amounts involved.
Loan AmountTypically above $766,550 (2024 conforming limit); exact threshold varies by county
Credit ScoreGenerally 700+ required; 720+ preferred for best rates and terms
Down Payment10%–20% typical; varies by loan amount and lender guidelines
Cash Reserves6–12 months of mortgage payments in reserves typically required
Debt-to-IncomeGenerally 43% or lower; stricter than conventional due to loan size
DocumentationFull income and asset documentation required; self-employed borrowers need 2 years of tax returns
AppraisalTwo appraisals may be required for very high-value properties
Ready to Finance Your Dream Home?
Our loan officers have extensive experience with jumbo financing in the Northern Virginia and Washington Metro market.