Jumbo & super jumbo loans
Seven figures shouldn't mean one bank's menu.
Jumbo loans with dozens of lenders competing: amounts to $5 million and beyond, down payments from 10% on select programs, and no PMI at any tier.
Program snapshot
Jumbo at a glance
- Loan amounts
- above conforming, to $5M+
- Down payment
- from 10% on select programs
- Mortgage insurance
- none
- Income docs
- full doc or alternative
- Structures
- fixed, ARM, interest-only
Program menus from wholesale jumbo and specialty lenders. Terms vary by tier, loan size, and program, and change without notice. Not an offer or approval.
The bigger the loan, the more shopping it deserves.
An eighth of a point matters a lot more on $2 million than on $300k. Competition is the whole point of a brokerage.
dozens
of jumbo lenders competing
Jumbo pricing that's actually shopped
A bank quotes you its one jumbo menu and calls it private banking. We put your file in front of dozens of wholesale jumbo lenders at once, and they price against each other instead of against you.
- Prime jumbo rates from the whole market
- No deposit relationship required
- One conversation, the full board quoted
$5M+
loan amounts to
The ladder doesn't stop at prime
When the file outgrows prime jumbo guidelines, the ladder keeps going: alternative-documentation super jumbo programs run $3 million to $5 million and beyond on bank statements, asset depletion, or P&L qualifying.
- Full doc, bank statement, or asset-based
- Complex income read by humans
- High-end purchases and refinances
10%
down on select programs
Big loan, smaller down payment
Jumbo doesn't automatically mean 20 or 30% down. Select programs reach 90% LTV with no monthly mortgage insurance, which keeps seven figures of house from demanding seven figures of cash.
- To 90% LTV on select tiers
- No PMI line on the payment
- Strong credit reaches the best tiers
Where big files usually get stuck
High-end files are rarely simple. That's fine, neither are we.
Income too complex for the branch
RSUs and vesting schedules, K-1s from three entities, bonus and commission history, retained earnings your CPA left in the business. Jumbo underwriting lives on files like these, and we route yours to the lenders who read them fluently.
Wealthy on paper, light on pay stubs
Asset depletion jumbos turn portfolios, retirement accounts, and cash into qualifying income without selling a position. Retirees and founders between liquidity events buy the house on what they own, not what they draw.
Payment structured around cash flow
Interest-only periods and adjustable-rate structures can hold the payment down while money works elsewhere. Quoted side by side with the 30-year fixed so the trade-off is a decision, not a surprise.
The property itself is the wrinkle
Second homes at jumbo size, high-rise condos, new construction, acreage, and unique luxury properties all carry extra scrutiny at the bank. A broker's job is knowing which lender already likes your kind of collateral.
One conversation. The whole jumbo market.
- 1
Send the scenario
Price point, down payment, and how you earn. Complex is fine; complex is the specialty here.
- 2
We run the whole jumbo menu
Prime jumbo, alt-doc, interest-only, ARM structures. Every lender whose guidelines like your file gets to bid.
- 3
Pick from a real comparison
Options laid side by side with the trade-offs plain, then a pre-approval that holds up at the negotiating table.
The quick eligibility check.
- Above the conforming loan limit
- Loan amounts to $5M+
- From 10% down on select programs
- No PMI
- Full doc or alternative documentation
- Primary, second home, and investment
Self-employed with write-offs doing their job? Bank statement jumbos skip the tax returns entirely, and asset depletion qualifies you on what you own.
Straight answers
What counts as a jumbo loan?
Any loan above the conforming limit, the ceiling Fannie Mae and Freddie Mac will buy. The limit varies by county and resets every year, so the same loan amount can be conforming in one market and jumbo in the next. We'll tell you exactly where your number lands.
Why use a broker instead of my bank's private client group?
Because one bank is one menu. Private client pricing can be excellent, but you only find out if it's actually competitive by shopping it, and that's the part banks are counting on you skipping. We put dozens of jumbo lenders in competition and show you the board. If your bank wins, you'll know it won honestly.
How much do I really need down?
Select programs reach 90% LTV with no mortgage insurance, so 10% down is real at strong credit tiers. More common tiers run 15 to 20% down, and larger loan amounts step the requirement up. We quote the ladder so you can see what each extra 5% down buys you.
My income is complicated. Is that a problem?
It's the norm at this loan size. RSUs, partnership K-1s, bonus history, and business income all have established ways of counting, and when the tax returns still undersell you, alternative-doc jumbos qualify on bank statements, your P&L, or assets instead.
What about reserves?
Jumbo lenders want to see months of payments in reserve after closing, and the requirement grows with the loan size. Retirement accounts and investment portfolios usually count. It's a planning item, not a wall, and we'll map it before you write an offer.
Are interest-only jumbos still a thing?
Yes, on select programs, typically with an interest-only period up front before the loan amortizes. They suit borrowers who'd rather deploy cash elsewhere and want the payment flexibility. We quote them against the fixed option so the comparison is honest.
Make the jumbo lenders compete for it.
Two minutes to send your scenario. No cost, no obligation, and a quote from the whole jumbo market instead of one bank's corner of it.
Guthix Lending • NMLS# 2672037 · Jumbo and super jumbo programs are subject to credit, income or asset documentation, reserve, and property requirements that vary by lender, loan size, and tier, and change without notice. Figures shown reflect the most favorable available tiers; 90% LTV applies to select programs and is not offered in every scenario or state. Interest-only and adjustable-rate structures carry payment changes over the life of the loan. Not all borrowers will qualify. This is not a commitment to lend or an offer of specific terms.