Jumbo Loan 2027 Qualifier
Jumbo loan: over $766K (most areas) / $1.15M (high-cost like CA, NY). Need 700+ credit, 20% down, 6+ months reserves, 43% DTI max.
| Loan amount | — |
| Conforming limit | — |
| Jumbo loan? | — |
| Credit score | — |
| DTI | — |
| Required reserves | — |
| Your reserves | — |
| Qualification status | — |
Jumbo loans exceed the conforming loan limit set by FHFA — $766,000 (standard areas) or $1,150,000 (high-cost areas like CA, NY, HI) for 2025/2026. Jumbos have stricter requirements: 700+ credit, 6+ months reserves, 43% DTI max, often 20%+ down.
2027 Conforming Limits
Standard 1-unit: $766,550. High-cost areas (CA, NY, HI, Alaska, parts of DC, MD): $1,149,825. FHFA announces limits annually. Anything above = jumbo (or 'non-conforming'). 2-4 unit properties have higher limits.
Jumbo Underwriting Standards
Credit: 700-740+ minimum. Down payment: 20% typical (some 10% with PMI rare). DTI: 38-43% max. Reserves: 3-12 months PITI in liquid assets. Income verification: 2 years W-2 + tax returns (more for self-employed).
Pricing and Rates
2027 jumbo rates often comparable to or slightly below conforming (recent trend reversal). Spread depends on lender, market, your profile. Shop 5+ lenders — jumbos vary widely. Portfolio lenders (banks holding loans) often best.
Last updated May 2026. Sources: FHFA Conforming Limits.