Florida Jumbo Mortgage | Florida Jumbo Loan

Non-Conforming or Jumbo mortgages are home loans that exceed conforming loan limits. A non-conforming loan is one way to buy a high-priced or luxury home. If you have a lower debt-to-income ratio and a higher credit score, a non-conforming  loan may be right for you. The standard limit on conforming loans for 2025 is $806,500 in most areas of the country, but jumbo mortgages commonly exceed these limits.

Jumbo Mortgage Qualification Requirements

• Credit scores as low as 680 may qualify
• Buy a home with as little as 10% down payment for primary residence
• Buy a home with as little as 25% down payment for second home
• Buy a home with as little as 35% down payment for an investment property
• Loan amounts up to $5,000,000
• One appraisal required for all loan amounts less than or equal to $1,500,000
• Two appraisals required for all loan amounts greater than $1,500,000
• Reserves are required; amount of reserves will depend on loan to value, loan amount and property occupancy

Jumbo Property Types

• Allowed property types include single-family residences
• Warrantable condominiums
• Properties in Planned Unit Developments (PUDs)