Higher-priced homes
Jumbo loans for higher-priced homes.
In much of Orange County, home prices can exceed the standard conforming loan limit. Jumbo and high-balance loans finance those larger amounts, with their own credit, down payment, and reserve guidelines.
Talk with HieuMay be a good fit if…
- Your loan amount is above the conforming limit for your county.
- You have strong credit and documented income.
- You have cash reserves after your down payment.
What to know
Above the conforming limit
The Federal Housing Finance Agency sets conforming limits each year. High-cost counties have a higher “high-balance” limit; loans above it are jumbo.
Stronger qualifying profile
Jumbo loans commonly require higher credit scores, larger down payments, and lower debt-to-income ratios than conforming loans.
Reserve requirements
Lenders often ask for several months of mortgage payments in reserves after closing.
Questions worth asking
- Is my loan amount high-balance or jumbo in my county?
- How many months of reserves will I need?
- How do fixed and adjustable jumbo options compare for my timeline?
Frequently asked questions
What is a jumbo loan?
A jumbo loan is a mortgage above the conforming loan limit set by the FHFA for the county where the home is located.
How much down payment does a jumbo loan require?
Requirements vary by lender and loan size. Many jumbo programs ask for 10–20% or more, along with cash reserves.
Can overseas buyers get a jumbo loan?
Some lenders offer jumbo financing to non-U.S. residents, usually with larger down payments and added documentation. Availability varies by lender and residency status.
Want advice for your situation?
Hieu Nguyen, Senior Mortgage Loan Originator, Century Financial Group Co.. Loans are offered only in states where Hieu Nguyen and Century Financial Group are licensed — see NMLS Consumer Access. Not a commitment to lend; all loans are subject to credit and underwriting approval. Contact: (714) 409-9272.