Conforming Jumbo Loan Limits


  • We can can finance up to $6,000,000, also known as aSuper Jumbo Loan

    Jumbo Loans typically go to $1,000,000 and some lenders as high as $3,000,000.
    We can can finance up to $6,000,000 (Super Jumbo)
    For most of the home purchasing population, this new Super Jumbo Loan provided by Countrywide Home Loans (our favorite home lender) is the solution to private financing that only the elite could obtain.


    A Jumbo Loan is a loan that does not conform (non-conforming loan) to the loan limit guidelines established by Fannie Mae or Freddie Mac shown below. Fannie Mae and Freddie Mac have raised the loan limit again starting in 2006. 

    The table below lists the 2006 and 2005 conforming loan maximum amounts.

    Property Type
    2006 Loan Limit
    (Except for AK, HI, GU & VI)
    2005 Loan Limit
    (Except for AK, HI, GU & VI)
    2006 Loan Limit
    for AK, HI,
    GU & VI
    2005 Loan Limit
    for AK, HI,
    GU & VI
    1-unit $333,700 $359,650 $500,550 $539,475
    2-unit $427,150 $460,400 $640,725 $690,600
    3-unit $516,300 $556,500 $748,950 $834,750
    4-unit $641,650 $691,600 $962,475 $1,037,400

     

    Loans that exceed the conventional loan limit per each of the above property types is called a Jumbo mortgage loan.  These loan amounts can go up to ten million dollars.  Loan to value limits for Jumbo mortgage loans range from 50% to 100% depending on the loan amount and carry a higher interest rate. These jumbo loan guidelines are for California, Florida, Hawaii, Nevada, New York, New Jersey and all 50 states. Apply online for a Purchase or Refinance Mortgage.