Jumbo loans are no longer niche. With prices climbing in luxury and high-cost markets, they are now a critical tool for brokers who want to stay competitive. The challenge is that jumbo financing comes with more moving parts, and many lenders make the process harder than it needs to be. Strict guidelines, slow timelines, and limited flexibility often leave qualified clients stuck on the sidelines.
That is why we created this Jumbo loans guide. LendSure takes a different approach, with programs built for speed, flexibility, and common-sense underwriting. Our goal is simple: to give brokers the confidence to say yes more often and keep high-value deals moving forward.
Jumbo Loans Guide: What Are They?
A Jumbo loan is any mortgage that goes beyond the conforming loan limits set annually by the Federal Housing Finance Agency (FHFA). For 2025, the baseline limit for a one-unit property in most of the United States is $806,500. If a borrower needs financing above that number, the loan falls into the jumbo category.
The FHFA sets even higher limits for high-cost areas, up to $1,209,750 in select counties. In markets like California, New York, and South Florida, that means a borrower could need financing well above $1 million before crossing into jumbo territory.
Bottom line: conforming limits change every year, but luxury buyers will always need Jumbo loans to access the properties they want.
Jumbo Loans Guide: Why Jumbo Loans Matter for Brokers
Jumbo isn’t just about larger homes; it’s about larger opportunities.
Here’s why:
- Luxury borrowers are growing. Rising prices in many metro areas are pushing more buyers into jumbo territory.
- Bigger loans mean bigger commissions. A single jumbo deal can generate significantly higher revenue for your business.
- Flexibility wins referrals. High-net-worth borrowers often have complex income streams. If you can say yes when other brokers say no, you’ll earn their trust and their network.
Serving jumbo borrowers requires more than basic mortgage knowledge. It requires a lending partner that can deliver the speed and solutions these clients demand.
Typical Jumbo Loan Requirements
Since Jumbo loans aren’t backed by Fannie Mae or Freddie Mac, lenders take on more risk. To offset that, most require:
- Higher credit scores: Often 700+
- Larger down payments: Frequently 15-20% or more
- Significant reserves: Six months to a year of payments in liquid assets
- Full documentation: Strict income verification with little room for flexibility
These requirements can become barriers, even for well-qualified borrowers with strong assets but unconventional financial profiles. That’s where many lenders lose deals. Traditional jumbo programs tend to:
- Cap loan sizes below what luxury markets demand
- Offer little flexibility beyond full-doc loans
- Require reserves that exclude business assets
- Refuse property types like non-warrantable condos or condotels
- Take weeks to deliver a pre-qual
For brokers, that means frustration, delays, and lost clients.
Jumbo Loans Guide: How LendSure Does Jumbo Differently
At LendSure, our Jumbo loan program is designed with the realities of the luxury market in mind, with bigger loan amounts, faster timelines, and more flexibility than traditional lenders. We offer purchases and refinances up to $3.5 million, with options like 90% LTV on loans up to $1 million and cash-out refinances with up to $1 million back.
Documentation is tailored to real-world borrowers, with 12- and 24-month bank statement programs, Asset Qualifier loans, and even depletion income from cash-out accepted. Underwriting is just as practical: credit events seasoned in four years, DTIs up to 50% with approval, business assets allowed for reserves, and even cryptocurrency income reviewed case by case.
We offer pre-qualifications typically within 24 hours, closings in as little as 10 days, and the option to use an appraisal already in hand. And while most lenders avoid complexity, we embrace it, financing non-warrantable condos, condotels, and unlimited REOs.
With LendSure, brokers can present solutions that others can’t, turning “no” into “yes” for more clients in the luxury market.
Jumbo Loans Guide: The Broker Advantage
Partnering with LendSure on Jumbo loans doesn’t just help you close deals; it helps you stand out. You’ll:
- Capture more clients by offering programs that others can’t
- Deliver on speed with lightning-fast pre-quals and closings
- Compete in luxury markets with confidence
- Build long-term business with high-net-worth borrowers who value expertise and service
When another broker is stuck explaining why their lender won’t make the deal work, you’ll already be moving forward with approval.
Jumbo Lending Playbook for Brokers
Winning jumbo business starts with knowing the numbers. As we’ve mentioned, conforming loan limits change every year, and staying on top of those updates helps you guide clients early in the process. Just as important is setting expectations, being upfront about down payments, credit scores, and reserve requirements, so borrowers know what to expect from the start.
From there, remember that many jumbo clients don’t fit neatly into a W-2 box, and that’s where tools like Bank Statement loan programs and Asset Qualifier loans come in. These options can make the difference between a declined loan and a closed deal.
The LendSure Way
It’s simple. We make loans that make sense. We’re not in-the-box lenders. Of course, there are numbers ratios, and data to consider, but we know that behind every file, there’s an individual with a unique circumstance seeking a loan. We work hard to offer our common-sense take on lending to borrowers seeking funding for the home of their dreams, another addition to their investment property portfolio, or refinancing of a currently-owned property.
Are you ready to benefit from a common-sense approach to lending? Contact us today to learn more about non-QM loans and how partnering with LendSure Mortgage Corp. can help grow your bottom line.
