Jumbo loans in Sacramento — financing above the conforming limit.
When your purchase price pushes past the conforming loan limit (currently $766,550 in Sacramento County, higher in some high-cost neighbors), you're in jumbo territory. Guidelines are stricter, but for well-qualified buyers rates today are competitive with conventional — and I'll structure the file so underwriting moves cleanly.
Why Sacramento buyers choose Jumbo.
Is Jumbo right for you?
- Buyers purchasing higher-priced Sacramento-area homes (East Sac, Land Park, Granite Bay, El Dorado Hills, Folsom, Loomis, Auburn estates).
- Move-up buyers rolling significant equity into a larger home above conforming limits.
- Self-employed buyers with strong reserves who can document income through tax returns or bank statements.
- Buyers who want to keep cash invested and put 10-20% down instead of stretching to 20%+ on a high-balance conventional.
The Jumbo loan process, step by step.
- 01Pre-Approval & Asset ReviewJumbo underwriting looks closely at reserves — typically 6-12 months of PITI after close. We document upfront so there are no surprises.
- 02Rate Lock & DisclosuresLock your rate once under contract. Jumbo locks usually run 30-45 days.
- 03Full Documentation UnderwritingTwo years of tax returns, two months of bank/asset statements, and a full appraisal — often a second review appraisal on loans above $1M.
- 04Clear to CloseOnce underwriting signs off, we coordinate final loan docs with escrow and close on schedule.
Jumbo loans in Sacramento — FAQs.
What credit score do I need for a jumbo loan?+
Most jumbo programs want 700+, with the best pricing at 740+. A few investors will go to 680 with strong reserves and a larger down payment.
How much down payment is required?+
10% down is achievable up to about $1.5M with strong credit. 15-20% opens up more investors and better rates. Above $2M, plan on 20%+ down.
Are jumbo rates higher than conventional?+
Not necessarily. For strong borrowers in 2025, jumbo rates frequently match or beat conforming high-balance pricing. We compare both options on every file above the limit.
What about closing costs and fees?+
Closing costs are similar to a conventional loan — typically 2-3% of the loan amount. The main differences are a more thorough appraisal (sometimes two) and slightly higher title/escrow fees on larger loan sizes.
Do I need to document reserves?+
Yes. Most jumbo programs require 6-12 months of principal, interest, taxes, and insurance in reserves after close. Retirement accounts usually count at 60-70% of vested balance.
Can I use a jumbo loan for a second home or investment property?+
Yes — jumbo financing is available for second homes and investment properties, with somewhat higher down payment requirements (typically 20-25% for second homes, 25-30% for investment).