Jumbo & Super Jumbo Loans | MortgageHouz
Jumbo & Super Jumbo Mortgage Financing

Big Home.
Bigger
Financing.

Whether you're purchasing a luxury primary residence, a high-end second home, or a premium investment property — MortgageHouz gives you access to the nation's most flexible jumbo loan programs. Full-doc, bank statement, asset depletion, and DSCR. Conventional and Non-QM.

2026 Conforming Limit
$832,750
High-Cost Limit
$1,249,125
Jumbo Starts At
$832,751+
Max Loan Amount
$20M+
Program Snapshot
Conventional & Non-QM Jumbo
Loan Start$832,751+
Max LoanUp to $20M (select programs)
Min Credit Score660 – 700+ (by program)
Down Payment10% – 25%
Max LTV80–90% (varies)
Max DTI43–50% (by program)
Cash Reserves6–24 months PITI
Income DocsFull-doc · Bank Stmt · Asset · None
Property TypesPrimary · 2nd Home · Investment
PMI RequiredNo PMI on any program
Closing Timeline30 – 60 days
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🏡 Primary · Second Home · Investment
🗺️ Available in 48 States + DC
📄 Full-Doc & No-Income-Doc Options
🔒 No PMI — Any Program
💰 Loan Amounts to $20M+
What Is a Jumbo Loan?

Above the Limit.
Beyond Conventional.

A jumbo loan is any mortgage that exceeds the conforming loan limits set annually by the Federal Housing Finance Agency (FHFA). For 2026, that baseline limit is $832,750 in most U.S. counties, and up to $1,249,125 in designated high-cost areas. Anything above those thresholds requires jumbo financing.

Because jumbo loans cannot be purchased by Fannie Mae or Freddie Mac, lenders hold them on their own balance sheets or sell them to private investors. That means each lender sets its own standards — and qualification requirements are meaningfully stricter than conventional conforming loans.

MortgageHouz gives you access to three distinct program categories: Conventional Full-Doc Jumbo for W-2 earners and fully documented borrowers, Non-QM Bank Statement & Asset Jumbo for self-employed and high-net-worth borrowers, and Non-QM Jumbo DSCR for investment property financing without personal income documentation.

2026 Conforming Loan Limits
Most U.S. Counties$832,750
High-Cost Areas (Ceiling)$1,249,125
Jumbo StartsAbove county limit
Super Jumbo (typical)$3M+
Purchased by Fannie/Freddie?No
PMI Required?No
Lender-Set Standards?Yes — flexible options
Limit Updated Annually?Yes — FHFA
Jumbo Loan Programs

3 Program Categories.
One Expert Team.

We match your borrower profile to the right jumbo program — whether you're a W-2 earner, a self-employed business owner, or a real estate investor.

Conventional Full-Doc Jumbo
Standard & Super Jumbo
Standard Jumbo — Full Documentation
The most common jumbo structure for W-2 employees and salaried borrowers with clean, documented income history.
  • Loan amounts from $832,751 up to approximately $3M
  • Minimum 700 credit score; 740+ for best rates
  • Down payment: 10–20% (10% down requires 740+ credit and 12–24 months reserves)
  • Max DTI: 43%; some programs allow up to 45%
  • 6–12 months cash reserves (PITI) required post-close
  • 2 years W-2s, tax returns, and recent pay stubs
  • No PMI — even at 10% down on qualifying programs
  • Primary residence, second home, and investment property eligible
  • Fixed and adjustable rate options (30-yr, 15-yr, ARM)
  • Manual underwriting — full human review
Super Jumbo — High Balance Full-Doc
For high-value purchases above $3M requiring super jumbo financing with enhanced qualification standards and competitive portfolio pricing.
  • Loan amounts from $3M to $20M+
  • Minimum 740 credit score; 760+ preferred for top rates
  • Down payment: 20–30% depending on loan size and profile
  • Max DTI: 40–43% (more conservative at higher loan amounts)
  • 12–24 months cash reserves required
  • Two full appraisals may be required above certain thresholds
  • 2+ years complete tax returns, W-2s, and YTD pay stubs
  • All asset accounts documented: bank, investment, retirement
  • Employment verification at closing standard
  • Closing: 45–60 days; extended due diligence typical
Conventional Jumbo at a Glance
Min Credit Score
700+
Best Rate Score
740–760+
Min Down Payment
10%
Max DTI
43–45%
Reserves
6–24 mo
Max Loan
$20M+
PMI
None
Closing
45–60 days
Non-QM Bank Statement & Asset Jumbo
Self-Employed · High Net Worth
Bank Statement Jumbo
Qualify using 12–24 months of bank deposit history instead of tax returns. Built for self-employed borrowers, business owners, and 1099 earners whose tax returns understate actual income.
  • 12 or 24 months personal or business bank statements
  • Income calculated on gross deposits × expense factor (typically 50%)
  • Loan amounts up to $5M+ on select programs
  • Minimum credit score: 660–680 (720+ for best LTV and rates)
  • Down payment: 10–20% depending on loan amount and credit
  • Max DTI: 45–50% (alternative income supports higher DTI)
  • No tax returns or W-2s required
  • Primary, second home, and investment property eligible
  • 6–12 months reserves; LLC / entity closings accepted
  • Interest-only options available on select products
Asset Depletion / Asset Qualifier Jumbo
Leverage liquid assets — investment accounts, savings, retirement funds — to qualify without employment income. Ideal for retirees, trust beneficiaries, and high-net-worth individuals.
  • No employment income required to qualify
  • Assets divided over 60-month draw period to calculate monthly income
  • Eligible assets: savings, brokerage accounts, retirement funds (with haircut)
  • Loan amounts up to $6M on most programs
  • Minimum credit score: 680–720
  • Down payment: 20–30% typical
  • $500K+ in liquid assets typically required to qualify
  • No W-2s, tax returns, or pay stubs needed
  • Primary and second home eligible; investment with additional review
  • 4-year seasoning for major credit events on select programs
Non-QM Alt-Doc Jumbo at a Glance
Min Credit Score
660+
Down Payment
10–20%
Max DTI
45–50%
Income Docs
None Required
Max Loan
Up to $6M+
PMI
None
Asset Min
$500K+
Occupancy
Primary · 2nd · Invest
Non-QM Jumbo DSCR
Investment Property · No Personal Income
Jumbo DSCR — Investor Cash Flow
Finance high-value investment properties based on the property's rental income — not your personal tax returns, W-2s, or DTI. The property pays for itself.
  • No personal income verification required — none
  • Qualifying based on DSCR: monthly rent ÷ PITIA; minimum 1.0x (some programs 0.75x)
  • Loan amounts up to $5M–$20M (varies by lender program)
  • Minimum credit score: 660–680
  • Down payment: 20–25% (investment property)
  • No limit on number of financed properties (program-dependent)
  • LLC, LP, and Corporation closings accepted
  • Short-term rental (STR/Airbnb) and long-term rental (LTR) eligible
  • Interest-only and 30/40-year fixed options available
  • No prepayment penalty on select programs
DSCR Jumbo — Eligible Property Types
DSCR jumbo loans work for a wide range of luxury and high-value investment property types where rental income is the qualifying metric.
  • Single-family luxury rentals and vacation homes (non-owner occupied)
  • 2–10 unit multifamily in high-cost markets
  • Short-term rental properties (STR / VRBO / Airbnb) with documented rental income
  • Portfolio loans: multiple properties under one facility
  • Mixed-use properties (majority residential)
  • Non-warrantable condos — select programs
  • Foreign national investors (with alternative documentation)
  • SFR held in LLC or revocable trust
  • Scattered-site portfolios and blanket loan structures
  • Properties in high-cost markets: CA, FL, NY, TX, HI, and beyond
Non-QM Jumbo DSCR at a Glance
Min Credit Score
660+
Min DSCR
0.75x – 1.0x
Down Payment
20–25%
Max Loan
$20M+
Income Docs
None
Entity Closing
Yes — LLC / Corp
PMI
None
Prop. Limit
Unlimited
Side-by-Side Comparison

Which Jumbo Program
Is Right for You?

Every borrower profile is different. Here's how our three jumbo program categories compare across the key qualification factors.

Factor Conventional Full-Doc Non-QM Bank Stmt / Asset Non-QM DSCR
Income Documentation W-2, tax returns, pay stubs (2 yrs) Bank statements or asset statements — no tax returns None required — property income only
Min Credit Score 700+ (740+ for best rates) 660–680+ 660–680+
Min Down Payment 10% (20% most common) 10–20% 20–25%
Max DTI 43–45% 45–50% Not applicable
Cash Reserves 6–24 months PITI 6–12 months PITI 3–12 months PITI
PMI Required No No No
Max Loan Amount $20M+ Up to $6M+ Up to $20M+
Interest-Only Option Select programs Yes — widely available Yes — widely available
LLC / Entity Closing Typically No Some programs Yes — standard
Primary Residence Yes Yes No — investment only
Second Home Yes Yes No
Investment Property Yes Yes Yes — primary use
Self-Employed Friendly Depends on returns Yes — primary use case Yes — no income needed
Closing Timeline 45–60 days 30–45 days 30–45 days
Who These Programs Serve

Built for Borrowers
Outside the Box

MortgageHouz's jumbo programs are designed for clients who have the income and assets to afford luxury properties — but whose financial profiles don't fit inside the conventional cookie-cutter mold.

💼
W-2 Professionals
  • ·Physicians, executives, attorneys, and high-income salaried earners
  • ·Two years documented income, strong reserves
  • ·Purchasing luxury primary residences or second homes above conforming limits
  • ·Best fit: Conventional Full-Doc Jumbo
🧾
Self-Employed & Business Owners
  • ·Strong cash flow but heavy write-offs reduce taxable income
  • ·1099 contractors, agency owners, LLCs, S-corps
  • ·Tax returns don't reflect true earnings — bank deposits do
  • ·Best fit: Non-QM Bank Statement Jumbo
💎
High Net Worth / Retirees
  • ·Substantial liquid assets but low or no current employment income
  • ·Retirees, trust beneficiaries, family office clients
  • ·Assets divided over 60 months to calculate qualifying income
  • ·Best fit: Non-QM Asset Depletion Jumbo
🏘️
Real Estate Investors
  • ·Purchasing high-value rental properties in luxury or high-cost markets
  • ·Multiple financed properties — no conventional cap
  • ·Qualify on the property's rent, not personal income
  • ·Best fit: Non-QM Jumbo DSCR
✈️
Foreign Nationals
  • ·International buyers purchasing U.S. luxury real estate
  • ·No U.S. tax returns, SSN, or domestic credit history required
  • ·Asset and foreign income documentation accepted
  • ·Best fit: Non-QM Jumbo (DSCR or Asset)
🌴
Luxury Second Home Buyers
  • ·Florida, California, Hawaii, Colorado, and other high-cost markets
  • ·Personal-use second home — not rented, not investment
  • ·Competitive rates vs primary residence
  • ·Best fit: Conventional or Bank Statement Jumbo
Documentation Guide

What Each Program
Requires

Jumbo loans require more documentation than conforming loans. Here's exactly what to prepare — by program type.

📋Conventional Full-Doc Jumbo
Income2 years W-2s, federal tax returns, recent pay stubs (30 days), YTD P&L if applicable
Assets2–3 months bank & investment statements; retirement account statements; source of down payment
EmploymentVerbal/written verification of employment; 2-yr history required; gaps must be explained
PropertyPurchase contract or prior title; 1–2 appraisals (above $3M); insurance binder
CreditTri-merge credit report; 700+ score required; all accounts and liabilities documented
OtherPhoto ID; 30–60 days reserves documented post-close; gift letter if applicable
🏦Non-QM Bank Statement Jumbo
Income12 or 24 months personal or business bank statements; CPA letter confirming self-employment
Assets2–3 months statements for all financial accounts used for reserves and down payment
BusinessBusiness license, CPA letter, or entity documents confirming ownership and nature of business
PropertyPurchase contract; appraisal; title; insurance binder
Credit660+ score; tri-merge credit report; no W-2 or tax returns required
NoteP&L statement (90-day CPA prepared) accepted in lieu of or alongside bank statements
💰Non-QM Asset Depletion Jumbo
AssetsFull statements for all qualifying accounts: checking, savings, brokerage, money market (2–3 months); retirement accounts with 70% haircut
IncomeNo W-2 or tax returns required; total eligible assets ÷ 60 months = qualifying monthly income
EmploymentNot required; retired, semi-retired, or non-employed borrowers are the target profile
PropertyAppraisal, title, purchase contract; 20–30% down typical
Credit680–720+ minimum; strong credit profile compensates for non-traditional income
Minimum$500K+ in documented liquid assets typically required to generate qualifying income level
📈Non-QM Jumbo DSCR
IncomeNo personal income docs required — zero. Qualifying based solely on property's rental income
Rental IncomeCurrent lease agreement OR appraiser's market rent estimate (Form 1007 / comparable rents)
AssetsDown payment source + 3–12 months reserves; 2 months bank statements minimum
EntityLLC/LP/Corp operating agreement; entity must be in good standing in state of formation
PropertyAs-is or rent-ready appraisal; current lease or rental history; insurance; PITIA calculation
Credit660+ score; credit is reviewed but income documentation not required
Frequently Asked Questions

Jumbo Loan Questions
— Answered Directly

A jumbo loan is any mortgage that exceeds the conforming loan limit for your county, set annually by the FHFA. For 2026, that baseline limit is $832,750 in most U.S. counties, rising to $1,249,125 in designated high-cost areas. Any loan above your county's specific limit is a jumbo loan and cannot be sold to Fannie Mae or Freddie Mac, meaning lenders set their own qualification standards.
Not necessarily. Some jumbo programs allow as little as 10% down, typically requiring a credit score of 740 or higher and 12 to 24 months of reserves. However, 20% is the most common structure, and larger down payments (25–30%) meaningfully improve your rate and approval odds — especially at higher loan amounts or with Non-QM documentation. Investment property DSCR jumbo loans typically require 20–25% down.
No. Jumbo loans — across all three program categories we offer — do not require PMI, even when your down payment is less than 20%. Because jumbo loans are not backed by Fannie or Freddie, PMI is not part of the structure. Lenders instead price the additional risk into the rate itself, which typically remains competitive for well-qualified borrowers.
Yes — this is exactly who our Non-QM Bank Statement Jumbo program is built for. If your Schedule C or corporate return shows low net income due to legitimate business deductions, conventional full-doc jumbo may not work for you. Bank statement programs use your actual bank deposits (gross) over 12 to 24 months — with an expense factor applied — to calculate qualifying income. Your real cash flow qualifies you, not your taxable income.
Jumbo rates have historically been higher than conforming rates, but the gap has narrowed. For highly qualified borrowers — 760+ credit, 20%+ down, substantial reserves — jumbo rates are often comparable to or within 0.25–0.5% of conforming rates. Non-QM programs (bank statement, asset depletion, DSCR) typically carry a premium of 0.5–2% above conventional rates, reflecting the alternative documentation structure. Contact us for a personalized rate quote based on your specific profile.
Yes. All three of our jumbo program categories are available for primary residences, second homes, and investment properties — with different qualification parameters for each. Investment property loans typically require 20–25% down and may qualify under DSCR (no personal income) or full-doc/bank statement programs. Second homes follow similar guidelines to primary residences but with slightly more conservative LTV limits on some programs.
Yes. Our Non-QM Jumbo DSCR and Asset programs include Foreign National financing options that do not require a U.S. Social Security number, domestic tax returns, or U.S. credit history. Foreign income verification, foreign asset documentation, and larger down payments (typically 30–35%) support these programs. Contact us to discuss your specific country of origin and the documentation that would work.
Conventional jumbo loans typically close in 45 to 60 days due to the additional documentation review and manual underwriting involved. Non-QM programs — bank statement, asset, and DSCR — often close in 30 to 45 days because the underwriting process, while thorough, is more streamlined for their specific documentation types. Super jumbo loans above $5M may take longer. Having all documentation organized and submitted promptly is the single biggest factor in closing speed.
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MortgageHouz (NMLS #2755375) · FRE Associates LLC · All loan programs are subject to credit approval, underwriting guidelines, and applicable state and federal lending laws. Rates, terms, and program availability are subject to change without notice. This is not a commitment to lend. Jumbo and Non-QM loan programs are not available in all states. Non-QM loans are not insured or guaranteed by any federal agency. This site and its content are for informational purposes only and do not constitute an offer or commitment to lend. Equal Housing Lender.

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