Nate Moghadam  ·  NMLS #906770  ·  Fairway Independent Mortgage

Jumbo Loans
High-Value Homes. Personalized Financing.

When your purchase price exceeds conforming loan limits, a jumbo loan is the solution. Nate works with buyers financing luxury properties and homes in high-cost markets across 14 states — with competitive rates and the personal attention the transaction demands.

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Available in 14 States
10+ Years Experience
5-Star Rated
Jumbo Loans

What Is a Jumbo Loan?

A jumbo loan is any mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. For 2025, the baseline limit is $806,500 for a single-family home in most counties. In high-cost areas — parts of California, New Jersey, Massachusetts, and others — limits can go higher before a loan becomes "jumbo."

Because jumbo loans exceed what the government-sponsored enterprises will purchase, they carry slightly stricter requirements: stronger credit, larger reserves, and typically a larger down payment. But they also offer the flexibility to finance luxury homes, high-cost market properties, and high-value second homes that conventional programs simply can't touch.

Nate has helped buyers navigate jumbo financing in competitive markets across his 14-state footprint. The key is finding the right product for your situation — and that's exactly what he does.

10%+Min Down Payment
700+Credit Score Typical
14States Available
$806K+Loan Amount

Financing a High-Value Home?

Jumbo loans require a lender who pays attention to the details. Talk to Nate — he'll find you the right fit.

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(617) 945-3632 nate@nateloans.com

Nate Moghadam · NMLS #906770
Fairway Independent Mortgage Corp · NMLS #2289
Equal Housing Lender

The Details

Jumbo Loan Requirements & Benefits

Typical Requirements

  • Credit score: 700+ typically required; 720+ for best rates
  • Down payment: Typically 10–20% depending on loan amount and property type
  • Reserves: Lenders often require 6–12 months of mortgage payments in reserves
  • Debt-to-income ratio: Typically 43–45% max DTI
  • Documentation: Full income verification; two years of tax returns standard
  • Appraisal: Often requires two independent appraisals for higher loan amounts

Why a Jumbo Loan Works

  • Finance any price point: No ceiling on loan amounts — finance the home you actually want
  • Competitive rates: Jumbo rates have historically been close to — or even below — conforming rates
  • Primary & second homes: Available for primary residences and luxury vacation properties
  • Flexible term options: 15, 20, 30-year fixed and ARM options available
  • No PMI (with 20% down): Like conventional, avoid PMI with sufficient down payment

Who Is a Jumbo Loan Best For?

  • Buyers purchasing homes above ~$806,500 (or local high-cost limits)
  • High-income borrowers with strong credit and solid reserves
  • Buyers in high-cost markets (Boston, NJ, CA, TX metros)
  • Buyers financing luxury second homes or vacation properties
  • Buyers with significant assets who prefer to keep more cash liquid

How Nate Helps

  • Identifies the right jumbo product for your loan amount and situation
  • Shops multiple jumbo investors to find the most competitive rate
  • Prepares a strong pre-approval that carries weight with luxury listing agents
  • Manages the additional documentation requirements proactively
  • Direct access — call or text Nate, no call centers
Jumbo Loan Coverage

Available in All 14 of Nate's States

CACalifornia
COColorado
FLFlorida
MEMaine
MDMaryland
MAMassachusetts
NHNew Hampshire
NJNew Jersey
NCNorth Carolina
PAPennsylvania
RIRhode Island
TNTennessee
TXTexas
VAVirginia
Common Questions

Jumbo Loan FAQs

Answers to the most common questions about financing high-value homes.

A loan is considered "jumbo" when it exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. For 2025, the baseline is $806,500 for a single-family home in most U.S. counties. Some high-cost areas (e.g., parts of California, New York, Massachusetts) have higher conforming limits before a loan is classified as jumbo. Your local limit depends on the county where the property is located.
Not necessarily. Jumbo rates have historically been only slightly higher than conforming rates, and in some market conditions they've been lower. The rate you receive depends heavily on your credit score, down payment, reserves, and the specific lender. Nate shops multiple jumbo investors to find you the most competitive rate available for your profile.
Most jumbo loans require 10–20% down depending on the loan amount, property type, and lender. Some programs allow as little as 10% down for well-qualified borrowers. Generally, the larger the loan, the more down payment is required. Putting 20% down typically gets you the best rates and avoids any PMI requirement.
Yes — jumbo loans are available for primary residences, second homes, and vacation properties. Down payment and reserve requirements may be slightly higher for non-primary residences. Investment properties (pure rentals) are available through jumbo programs on a case-by-case basis. Nate will match you with the right program for your property type.
Most jumbo lenders require 6–12 months of mortgage payments in reserves (savings, investments, or retirement accounts) after closing. This is a key distinction from conforming loans — jumbo lenders want to see that you can weather financial disruptions without missing payments. Assets in 401(k)s, brokerage accounts, and savings all typically count.
Book a free call with Nate first — jumbo pre-approvals benefit from a conversation upfront to make sure the right program is selected before you apply. He'll review your income, assets, and credit profile and identify the best jumbo product for your situation before issuing a pre-approval letter.

Financing a high-value home?

Talk to Nate directly — no forms, no call centers, no runaround.

Book a Free Call Get Pre-Approved