Jumbo Loans
Jumbo Loans in San Diego
Jumbo loans are similar to conventional loans, but the size of the loan is bigger. Loans are considered jumbo when they exceed conforming loan limits. Larger loans carry more risk, so qualification requirements for jumbo loans are generally stricter.
Jumbo Loans 101
Is a Jumbo Loan Right for Me?
A jumbo loan might be right for you if you’re looking for a loan that’s greater than your county’s conforming loan limit (which is different everywhere) – and you meet the eligibility requirements.
Benefits of a Jumbo Loan
Get Your Dream Home
Don’t get stuck inside loan limits. With a jumbo loan from UW Funding, you can borrow much more.
Save Money
As jumbo loans require a deposit of at least 20%, costly mortgage insurance isn’t usually required.
Alternative Qualification
At UW Funding, you can qualify for a jumbo loan with your existing properties and bank statements.
Great Jumbo Rates
Some lenders charge an arm and a leg for jumbo loans. UW Funding doesn’t: we have great rates.
Jumbo Loan Eligibility Requirements
- A good credit score
- Typically, a deposit of 20% or higher
- Proof of ability to repay the loan
- Documentation of assets & lifestyle
Jumbo Loan FAQs
What Our Clients Say
Craig was instrumental in me and my wife buying our first home together. He was able to get us a great rate, even with my low [credit] score, and we were able to move into our new home. We are very pleased with the service and professionalism Craig provided us and will continue to work with him for all of our housing finances in the future.
Begin Your Home Loan Journey Today
Ready to get started? Get a quick quote or contact Craig to ask questions and discuss your options.
