Brandt Myers • NMLS #2030154 • Winter Garden, FL
Jumbo Home Loans in Florida
Buying a higher-priced home in Florida? Jumbo loans finance properties above conventional loan limits — and as a mortgage broker, I shop multiple wholesale lenders to find you competitive jumbo rates instead of locking you into one bank's offer.
What Is a Jumbo Loan?
A jumbo loan is a mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. Because they're larger than what the government-backed agencies will purchase, jumbo loans are held by private lenders and typically require stronger borrower qualifications.
In 2025–2026, the conforming loan limit for most Florida counties is $806,500 for a single-family home. Any loan above that amount is considered a jumbo loan and requires jumbo financing.
Most Florida Counties
Any loan amount above this threshold requires jumbo financing. For higher-cost counties the limit may be higher. I'll confirm the limit for your specific county and property type before we get started.
Who Jumbo Loans Are Best For
Luxury & High-Value Home Buyers
Buyers purchasing primary residences in Florida markets where prices regularly exceed conforming limits — including Windermere, Winter Park, Naples, Palm Beach, and Miami.
Waterfront & Lakefront Buyers
Florida waterfront properties along the Butler Chain of Lakes, the Harris Chain, the Gulf Coast, and Intracoastal communities frequently exceed conforming limits and require jumbo financing.
Relocating from High-Cost Markets
Buyers moving to Florida from New York, California, or other high-cost states often purchase at price points that require jumbo financing even when buying "down" from their previous market.
High-Income & Self-Employed Borrowers
Jumbo lenders have more flexibility on income documentation for self-employed borrowers, business owners, and high earners with complex income structures.
Asset-Rich Borrowers
Some jumbo programs allow asset depletion or bank statement qualification methods for borrowers who have significant assets but non-traditional income documentation.
Typical Jumbo Loan Requirements
Jumbo loan guidelines vary by lender — which is exactly why working with a broker who can compare multiple sources matters. Here are the general requirements you can expect.
Credit Score
700+Most jumbo programs require 700 or higher. Some may allow lower with larger down payment.
Down Payment
10–20%+Many programs start at 10% down for qualified borrowers. Larger down payments improve pricing.
Cash Reserves
6–12 MonthsLenders typically require significant reserves after closing to reduce their risk.
Debt-to-Income
43–45%Generally tighter than conventional programs. Strong income helps significantly.
Documentation
Full DocMost programs require full income documentation. Bank statement options available.
Appraisal
Often 2 RequiredMany jumbo lenders require two independent appraisals for higher loan amounts.
Find Out Your Jumbo Loan Options
Answer a few quick questions and I'll follow up with personalized jumbo financing options based on your situation — no obligation, no credit pull required.
I've got your info — I'll review your scenario and follow up with your best jumbo loan options shortly.
How the Jumbo Loan Process Works
The jumbo loan process is similar to conventional financing but with more thorough documentation and underwriting. Here's what to expect.
Step 1
Pre-Approval & Lender Comparison
I'll review your income, assets, credit, and goals then compare jumbo programs across multiple wholesale lenders to find the best combination of rate, down payment, and terms for your situation.
Step 2
Documentation Review
Jumbo loans require thorough income and asset documentation. I'll give you a clear checklist upfront so nothing slows down the process once you're under contract.
Step 3
Property & Appraisal
Many jumbo lenders require two independent appraisals for higher loan amounts. I'll order these early and coordinate with your Realtor to keep the timeline on track.
Step 4
Underwriting & Approval
Jumbo underwriting is more thorough than conventional — but I'll manage the process, respond to conditions quickly, and keep you updated every step of the way.
Step 5
Clear to Close
Once approved, we'll schedule your closing. Most jumbo purchases close within 30–45 days depending on documentation and appraisal timelines.
Florida Markets Where Jumbo Loans Are Common
Jumbo financing is especially prevalent in these Florida markets where home prices frequently exceed conforming loan limits.
Jumbo Loan FAQs
What is the jumbo loan limit in Florida in 2026?
For most Florida counties, the conforming loan limit is $806,500 for a single-family home. Any loan above that amount requires jumbo financing. Some high-cost counties may have higher limits. I'll confirm the exact limit for your county before we get started.
How much down payment do I need for a jumbo loan in Florida?
Many jumbo programs start at 10% down for well-qualified borrowers. Some programs require 20% or more depending on the loan amount, credit profile, and lender guidelines. A larger down payment typically results in better pricing. I'll compare options across multiple lenders to find the best fit for your situation.
Are jumbo loan rates higher than conventional rates?
Historically jumbo rates ran slightly higher than conventional, but this isn't always the case — it depends on the lender, loan amount, and your qualifications. Because I work with multiple wholesale jumbo lenders, I can compare pricing across sources and find you the most competitive option available.
Can self-employed borrowers get a jumbo loan?
Yes. Many jumbo lenders offer bank statement programs specifically designed for self-employed borrowers — qualifying based on 12–24 months of bank statements rather than tax returns. This is a common solution for business owners whose taxable income doesn't reflect their true cash flow.
Do jumbo loans require mortgage insurance?
Typically no — most jumbo programs do not require private mortgage insurance (PMI) even with less than 20% down. This is one advantage jumbo loans have over conventional financing in the same price range.
Can I get a jumbo loan for a condo or waterfront property in Florida?
Yes, but condo projects and waterfront properties have specific eligibility requirements that vary by lender. I'll review the property type upfront to make sure it qualifies with the jumbo lenders I work with before you make an offer.
How long does it take to close a jumbo loan?
Most jumbo purchases close within 30–45 days. The additional appraisal requirements and more thorough underwriting can add time compared to conventional loans — I'll set clear timeline expectations upfront and keep things moving throughout the process.
Serving Jumbo Buyers Throughout Florida
Based in Winter Garden, I help jumbo buyers throughout Central Florida and across the state — from luxury communities in the Orlando metro to waterfront estates in Lake County and beyond.
Ready to Explore Your Jumbo Loan Options?
I'll compare multiple wholesale jumbo lenders and find the most competitive program for your situation — no obligation, no pressure.
Call or Text: (407) 758-7166