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Jumbo Mortgage Loan

Jumbo Mortgage Loan

Everything is bigger in Texas, including some homes! Whether you're buying a home in a high-cost area or refinancing your existing jumbo loan, our Home Loan Heroes expertise is bigger, better, and ready to pave the way to your dream home!

The Home Loan that Lets You Dream Big:

  • Fixed and variable rates available
  • Loans up to $4 million
  • Down payment as low as 5% for loans up to $850,000
  • Terms of 15, 20, or 30 years
  • 30-day rate locks

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Jumbo Mortgage Loans

Type and Term Rate1 APR2 Points
Lender Fee
15-year Jumbo 7.375% 9.070%  0% 0.50%
30-year Jumbo 7.375% 7.908%  0%

1 Rates listed for Jumbo Mortgages are based on a credit score of 740+, a minimum loan amount of $766,551 with a loan-to-value of no more than 70% and are for an owner-occupied, single-family residence. No cashout, qualifying debt ratios, credit, and a 30-day lock.

2 APR = Annual Percentage Rate. Rates effective 4/8/2024.

Frequently Asked Questions:

A mortgage is classified as a Jumbo or non-conforming loan when it exceeds the maximum conventional loan (conforming limits). Currently, the Texas limit is $766,550.

  • Minimum 700 credit score
  • Loan-to-value ratios from 55% to 95%
  • Maximum loan amounts range based on loan-to-value ratios and credit score, not to exceed $4,000,000

Yes, you can use a Jumbo loan for a 1- to 4-unit primary residence and a single-unit second home. Our Home Loan Heroes can provide more details for your specific purchase.

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