Jumbo loans.A clear path home.

When a loan amount is larger than the conforming limit set each year by the FHFA, it’s a jumbo loan. Jumbo financing is common in Park City, St. George’s resort communities, much of California, and other higher-priced markets.

Because these loans are larger, lenders usually look for strong credit, documented income, a meaningful down payment, and cash reserves after closing. Guidelines vary from lender to lender, which is where working with a broker helps: Mike can compare jumbo options instead of offering just one.