Jumbo Loans
High‑balance financing above conforming limits with competitive rates, flexible structures (fixed, ARM, interest‑only options), and concierge guidance from application to close.
Check Jumbo Eligibility & Get a Custom Quote
Tell us a few details (property type, price, down payment, and credit) and we’ll send tailored jumbo options.
What Counts as a Jumbo Loan?
Any mortgage amount **above conforming loan limits** for the county is considered jumbo (also called non‑conforming). Jumbo loans are held by banks or investors with guidelines that can vary by lender. As a broker, Parish Lending shops multiple investors to find the best fit for your file.
We’ll confirm the current conforming limit for your property’s county and compare jumbo vs. high‑balance conforming (if available).
Benefits
- Competitive pricing across multiple jumbo investors
- Multiple structures: fixed‑rate, ARMs, and interest‑only options
- High loan amounts with flexible terms
- Tailored underwriting for complex income (self‑employed, RSUs, bonuses)
Typical Jumbo Requirements
- Credit: usually 700+ for best pricing; some programs allow lower with compensating factors
- Down payment: commonly 10%–20%+ depending on occupancy, loan size, and reserves
- Reserves: several months of payments (PITI); larger loan sizes often require more
- Income/DTI: full documentation; self‑employed may need 2 years business and personal returns
- Appraisal: may require two appraisals at higher price points
Guidelines vary by investor; we’ll outline exactly what your scenario needs.
Documents You’ll Need
- Copy of your valid ID (Driver’s License, Passport, Green Card, etc)
- Paystubs covering the most recent 30‑day period with YTD totals
- 2 years W‑2s
- 2 years signed/filed Federal Tax Returns (all pages/schedules)
- 2 months most recent bank statements — all pages
Upload securely through our full application:
FAQs
What’s the difference between jumbo and high‑balance conforming?
High‑balance conforming is still agency (Fannie/Freddie) but above the baseline conforming limit in certain counties. Jumbo is non‑conforming and follows investor guidelines. We’ll price both if available.
Do jumbo loans allow interest‑only?
Many investors offer interest‑only ARMs. We’ll show total‑cost comparisons and payment changes at the end of the IO period.
How many appraisals do I need?
Some jumbo tiers require two appraisals based on price/loan size. We’ll confirm once your contract details are set.
Ready to structure the right jumbo loan?
We’ll compare investors, map documentation, and keep your closing timeline on track.