12+ Loan Programs Tailored to Your Needs
Jumbo Loans
Competitive options for higher Bay Area price points
Equal Housing Lender • Loans originated by Nick Petrosov (NMLS #2015537) through Guild Mortgage Company (NMLS #3274)
Licensed in California. This is not a commitment to lend. All loans subject to underwriting and credit approval.
Jumbo Loans Overview
Jumbo loans exceed conforming loan limits and are designed for high-value properties. We offer competitive rates and terms for qualified borrowers.
Key Program Details
Min Down Payment
10-20%
Min Credit Score
700+
Loan Limit
Above $832,750 (conforming limit)
PMI/MIP Rules
Required if down payment < 20%
Advantages
- Higher loan limits for luxury properties
- Competitive rates despite higher amounts
- Flexible terms available
- Available for primary, secondary, and investment properties
- No PMI with 20% down
Considerations
- Stricter qualification requirements
- Higher down payment requirements (10-20%)
- More stringent income verification and documentation
- Cash reserves required (typically 6-12 months of payments)
- Stricter debt-to-income ratios (often 36-43% vs 43-50% for conventional)
- May require multiple property appraisals
Who This Loan Is Best For
Borrowers purchasing high-value properties
Those with excellent credit (700+)
Buyers with substantial down payment funds
High-income earners and professionals
Investors seeking luxury properties
Quick Scenario Example
$1.5M purchase → $300K down (20%) → $6,908/mo P&I
$1.5M purchase
$300K down (20%)
$6,908/mo P&I
$1,500,000
Home Price
$300,000
Down Payment
$6,908
Monthly Payment (P&I)
5.625%
Interest Rate
Ready to Apply for Jumbo Loan?
Let's discuss your options and get you pre-approved today.
What You Get:
Same-day pre-approval
Competitive rates
Local expertise
Fast closing
Personalized service