Learn · loan programs
Jumbo loans
Loans above the conforming limit ($832,750 for one unit in our three counties in 2026).
What it is
A jumbo loan is a loan amount above the Fannie Mae/Freddie Mac conforming limit. In Broward, Palm Beach and Miami-Dade that’s $832,750 for a one-unit home in 2026. Each lender or investor sets its own jumbo rules.
Who it fits
- Buyers of higher-priced homes
- Buyers with strong credit and cash reserves
How it works
- Down payment, credit, reserve and debt-to-income requirements vary by lender.
- Pricing and terms can differ widely, so compare.
Benefits
- Lets you finance above the conforming limit with one loan
- Fixed and adjustable options exist with many lenders
Tradeoffs
- Stricter documentation and reserves are common
- Condo and property rules can be tighter
Typical documents
- Two years of income documents
- Several months of asset statements (reserves)
- Photo ID
Your lender may ask for more or less. Full list: 1-page document checklist (PDF).
Common myth: “Jumbo loans always cost more.” Not necessarily: pricing depends on the lender and your file.
Last checked October 17, 2026. Sources: FHFA, Conforming Loan Limit Values for 2026 · HUD FHA Mortgage Limits lookup (CY2026)
Availability depends on the lender and program funding; ask me which ones I can use for your loan.
Ask whether this fits your situation
This page is general education. Call or text and I’ll tell you whether this loan type is something I can help with for your scenario.