Above the Limit.
Still Closeable.
Jumbo loans aren't just for California. If your loan amount exceeds $806,500 anywhere — Mississippi, Louisiana, Texas — you need jumbo financing. CrossCountry Mortgage originates jumbo in-house. Competitive rates, no agency restrictions, primary through investment.
✓ In-house jumbo — not brokered out · ✓ Primary, second home & investment · ✓ Soft pull only
When the Home Costs More
Than the Conforming Limit
Fannie Mae and Freddie Mac set a maximum loan amount each year — the conforming loan limit. In 2025 that number is $806,500 for most counties. Go above it and you need a jumbo loan.
Jumbo loans aren't backed by Fannie Mae or Freddie Mac — they're held by the lender or sold to private investors. That means different qualification standards: stronger credit, more reserves, full income documentation. But also no agency restrictions on loan amount, and in many market conditions, rates that are competitive with or below conforming.
Most people assume jumbo is a California or New York product. It's not. Any purchase where the loan amount — not the purchase price, the loan amount — exceeds $806,500 triggers jumbo guidelines. That happens in Mississippi. That happens in Louisiana. That happens wherever a well-qualified buyer is purchasing a high-value home.
"Above the limit doesn't mean out of reach. It means you need the right lender — one who originates jumbo in-house and knows how to work the file."
A Jumbo Loan in Mississippi.
Because Good Deals Happen Everywhere.
Most people assume you need to be in California or New York to need a jumbo loan. This file proved otherwise.
The call came in from a buyer purchasing a high-value property in Mississippi. Strong credit. Strong income. The purchase price put the loan amount above the conforming limit — which meant conventional Fannie Mae financing wasn't available regardless of how qualified the borrower was. They needed jumbo.
"The address says Mississippi. The loan amount says jumbo. Those two things aren't contradictions — they're just the file in front of me."
Because CrossCountry Mortgage originates jumbo in-house, we didn't have to broker it out to a third party, wait on a correspondent relationship, or lose control of the timeline. The file was worked internally — same process, same communication, same 28-day mindset we bring to every loan we touch.
The borrower had strong reserves, clean 24-month credit history, and full documentation. Jumbo underwriting rewards exactly that profile. The file moved cleanly and closed without the drama that often follows when an LO encounters a jumbo file for the first time and has to figure it out mid-transaction.
Jumbo isn't exotic. It's just a higher loan amount with tighter qualification standards. If you know what you're doing — and you have the in-house product to back it up — it closes like any other file.
Primary, Second Home,
and Investment
Jumbo financing isn't limited to one property type. Here's what's available and what to expect for each.
Jumbo for primary residences typically offers the most competitive rates and the most flexible down payment options — starting as low as 10% for well-qualified borrowers. This is where jumbo pricing is most favorable.
Jumbo financing for second homes and vacation properties. Typically 10–20% down depending on loan amount and borrower profile. Must be a true second home — not a rental — with documented intent to occupy personally.
Investment property jumbo for high-value rental purchases. Typically 20–25% down with strong credit and 6–12 months reserves. If the property is a DSCR candidate, we can evaluate both paths and find the right fit.
Stronger Profile Required.
Here's What That Means.
Jumbo underwriting is tighter than conventional. Here's exactly what lenders look for — so you know where you stand before you apply.
Self-employed and don't want to show two years of returns? Ask me about bank statement jumbo — qualify on 12–24 months of deposits instead of tax returns.
Know Your Threshold
Jumbo kicks in the moment your loan amount exceeds the conforming limit for your county. Here's how the limits break down — and what happens above them.
| Loan Category | 2025 Limit | Applies Where | Financing |
|---|---|---|---|
| Conforming | Up to $806,500 | Most US counties — LA, MS, TX, FL markets | Conventional in-house |
| High-Cost Conforming | Up to $1,209,750 | Designated high-cost counties — parts of CA, HI, select metros | Conventional in-house |
| Jumbo | $806,501 – $3M+ | Any county where loan exceeds conforming limit | Jumbo — in-house at CrossCountry Mortgage |
Note: It's the loan amount that triggers jumbo — not the purchase price. A $900K purchase with 20% down = $720K loan = conforming. A $900K purchase with 10% down = $810K loan = jumbo.
Where Jumbo Is the Standard Transaction
In most Louisiana markets a $500,000 home is a luxury purchase. In California it's a starter home. I'm licensed statewide in California — where jumbo financing isn't the exception, it's the everyday deal.
Median home prices in the Bay Area regularly push well above the conforming limit. Jumbo is the default product for most purchase transactions in this market.
Los Angeles, San Diego, and Orange County buyers routinely need jumbo financing at purchase prices that would be considered luxury anywhere else in the country.
California buyers relocating to Louisiana, Texas, or Mississippi often bring significant equity. I handle both markets under one relationship — same LO, same communication, whether you're buying in Baton Rouge or Brentwood.
Questions I Get Every Week
Answered straight — no filler.
Jumbo Loans Across 9 States
In-house jumbo origination — primary residences, second homes, and investment properties across every state I'm licensed in.
