Jumbo Loans: Financing High-Value Homes in 2026

A jumbo loan is a mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. For 2026, the conforming limit is $766,550 in most U.S. counties, and up to $1,149,825 in high-cost areas like San Francisco, New York City, and Honolulu.

Because jumbo loans can't be sold to Fannie or Freddie, lenders hold them on their own books — which means stricter requirements and slightly higher rates.

• Credit score: Typically 700+, with 720+ for the best rates
• Down payment: Usually 10–20% minimum
• DTI ratio: Typically 43% maximum
• Cash reserves: 6–12 months of mortgage payments in savings
• Documentation: More thorough income and asset verification

Historically, jumbo rates were higher than conforming rates. But in 2026, the spread has narrowed significantly — jumbo rates are often within 0.25% of conforming rates, and sometimes even lower for well-qualified borrowers.

Turn Times offers competitive jumbo rates with loan amounts up to $3 million. Our jumbo specialists can help you structure the loan to minimize your rate and maximize your purchasing power.