With home values hitting an all-time high and demand for larger loans continuing to grow, the FHA announced that the conforming loan limit values (CLLs) are getting a major increase in 2025. The value for a one-unit property will now be $806,500, an increase of $39,950 (or 5.2 percent) from 2024. This means any loan amount above $806,500 will now be considered a Jumbo Loan. As a mortgage pro, this opens up new (and bigger!) opportunities for you and your clients looking to finance higher-value properties in 2025.
While jumbo loans can often be more difficult for borrowers to obtain due to higher credit score requirements and more conservative underwriting guidelines, it’s not impossible. As a mortgage originator, you can help all types of borrowers – from bankable to non-bankable – navigate the jumbo loan territory and provide them with creative solutions. The best part? You’ll get to watch your business bloom in a new direction.
Want to take advantage of this change for your own book of business? The secret to finding success in this new Jumbo Loan landscape is simple: partner with a top lender that offers alternative loan programs that work not just for your average borrower, but for a wider range of clients who may need a dash of flexibility for their financing.
Here’s a quick rundown on what to expect when closing Jumbo Loans in 2025:
What is a Jumbo Loan?
First, let’s define exactly what a jumbo loan is. A jumbo loan is exactly what it sounds like — a type of mortgage that is too big to be guaranteed by government-sponsored enterprises, Fannie Mae and Freddie Mac. These loans also include amounts above the standard conforming limit set by the Federal Housing Finance Agency (FHFA).
As soon as a mortgage amount goes beyond this conforming limit, it’s automatically considered “jumbo” and no longer eligible for purchase by these entities. Instead, they go to private lenders. While they do require more stringent guidelines (think larger down payments and higher credit score requirements), they still offer borrowers more flexibility when it comes to accessing larger loan amounts.
Borrower Profile
Now that you understand what a Jumbo Loan is, it’s crucial to understand what type of borrower may benefit from this type of mortgage. While Jumbo Loans are typically used to finance luxury properties in expensive markets (Selling Sunset, anyone?), It’s not all high-net-worth individuals. Jumbo loans are also utilized by real estate investors, self-employed individuals, and high-income professionals who want to finance condominiums, townhomes, or primary residences, not just luxury properties.
Remember – Jumbo Loans are designed for borrowers who simply don’t fit the traditional mortgage box. By adding this product to your set, you have the opportunity to expand your client base. Sure, you can always help well-qualified buyers purchase their dream homes, but you can also serve borrowers with complex income structures, like business owners or 1099 earners. As Jumbo Loans continue to account for a growing share of the mortgage market, it’s crucial to stay in the know and be ready to provide flexible options. With Jumbo Loans, you can position yourself as a go-to expert and grow your business in untapped segments.
Closing with Lendsure
Want a reliable partner on your side as you dive into Jumbo Loans? At Lendsure, we’ve designed a program with flexibility in mind, making it easier to get your clients’ deals to the finish line. Not only do we offer a wide range of properties – from non-warrantable condos and single-family homes – but we also allow unlimited properties on the borrower’s REO schedule while offering interest-only options with terms from 10 to 40 years.
Working with clients who invest in crypto? Our team of experts will also review crypto assets on a case-by-case basis and accept major credit events with just a 4-year seasoning period. DTIs up to 45% are standard—and we’ll even go up to 50% with senior management approval. With fast prequalification (within 24 hours!) and faster funding times (as little as 10 days!), you can feel confident you’re providing your clients the best service for their mortgages.
Other program highlights include:
- Purchase loan amounts up to $3,000,000 with 75% LTV, $2,000,000 with 80% LTV, and $1,500,000 with 85% LTV
- Rate & Term refi loan amounts up to $3,000,000 with 70% LTV, $2,000,000 with 75% LTV, and $1,500,000 with 80% LTV
- Cash Out refi loan amounts up to $3,000,000 with 60% LTV, $2,000,000 with 70% LTV, and $1,000,000 with 80% LTV
- Cash Out up to $1,000,000
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 commonsense 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.
