When your loan amount is above the conforming limit, you need a jumbo loan. Jumbo pricing and guidelines vary a lot from lender to lender, so Clear2 places your loan with the one that fits your income, assets, and property.
A jumbo loan is a mortgage larger than the conforming limit set each year for Fannie Mae and Freddie Mac loans. Because these loans can't be sold to those agencies, each lender sets its own rules. That makes lender choice matter more on a jumbo than on almost any other loan.
A jumbo lets you finance a higher-priced home with a single mortgage instead of combining a first mortgage and a second.
Choose a 30-year fixed for a stable payment or an adjustable rate if you expect to sell or refinance within a few years.
Jumbo lenders differ on reserves, income documentation, and pricing. Clear2 places your file with the lender whose guidelines match it.
Loan limits, local programs, and market conditions differ from state to state. Pick your state for the details that apply where you're buying.
Any loan above the conforming limit for your county is a jumbo. The 2026 baseline limit is $832,750 for a 1-unit home in most of the country. Some high-cost counties have higher conforming limits, so a loan there can be larger before it becomes a jumbo.
Limits are set annually by the FHFA. Your loan officer will confirm the limit for your county.
Jumbo standards are set by each lender. These are the factors that matter most.
The main differences are loan size and how much each lender's rules vary.
These buyers use jumbo financing most often.
If you're selling a home with strong equity and buying a larger one, a jumbo lets you finance the new purchase in one loan.
Many jumbo programs allow second homes, including lake and coastal properties.
Bank statement jumbo programs can qualify business owners whose tax returns understate their real income.
Three common jumbo situations.
A family sold their first home and used the equity toward a $1.1 million purchase financed with a 30-year fixed jumbo.
A business owner with strong deposits and heavy write-offs qualified using a bank statement jumbo program.
A buyer financed a lakefront second home with an adjustable-rate jumbo, planning to pay it down within seven years.
Jumbo loans come down to lender fit. We know which lenders are flexible on reserves, self-employed income, and second homes, and we place your loan accordingly.
You work with one loan officer from your first question to the closing table. Clear2 is licensed in 22 states, and every loan officer has the same lender network behind them.
Clear2 Mortgage2600 W Big Beaver Rd, Suite 100Troy, MI 48084(248) 970-0040
Christopher Kas-Marogi founded Clear2 Mortgage and has more than $1 billion in funded residential loans. He built Clear2 as an independent broker so borrowers could get their loan matched to the right lender instead of a single bank's product list.
Five-star reviews from Clear2 clients on Google.
"Donavin was straightforward and a breeze to work with. Communication was quick and easy. The whole process was seamless and he was available for guidance or questions. I would not hesitate to use Clear2 Mortgage in the future."
"Alex was absolutely amazing from the beginning. He was patient and thorough with all of our questions. He even followed up after the process was finalized to ensure everything was still good. I would recommend him to everyone!"
"The process was seamless and every question I had as a first-time home buyer was answered. My loan officer gave me his professional opinion based on my specific circumstances to personalize my loan."
What is the 2026 conforming loan limit?
The 2026 baseline conforming limit is $832,750 for a 1-unit home in most counties. Loans above your county's limit are jumbo loans.
Are jumbo rates higher than conforming rates?
Not always. Jumbo pricing depends on the lender and your profile, and strong borrowers sometimes see jumbo rates close to or below conforming rates.
How much do I need for a down payment on a jumbo?
It depends on the lender and the loan size. Larger down payments usually mean better pricing and more lender options.
Can I get a jumbo loan if I'm self-employed?
Yes. Some jumbo programs qualify you with bank statements instead of tax returns.
Can I use a jumbo loan for a second home?
Yes. Many jumbo programs allow second homes, and some allow investment properties.
Do jumbo loans require two appraisals?
Some lenders require a second appraisal above a certain loan amount. Your loan officer will tell you up front.
No obligation and no hard credit pull to start. We'll show you which jumbo programs fit your situation.
Clear2 Mortgage, LLC. NMLS #1911663. Licensed Mortgage Broker. 2600 W Big Beaver Rd, Suite 100, Troy, MI 48084. Equal Housing Lender. This is not a commitment to lend. All loans subject to credit approval, property appraisal, and underwriting guidelines. Rates and terms subject to change without notice.
