Introduction
Basics of
jumbo loans.
A complete introduction to jumbo mortgage loans — what they are, how they work, who uses them, and what makes them different.
A complete introduction to jumbo mortgage loans — what they are, how they work, who uses them, and what makes them different.
A jumbo loan is a non-conforming mortgage exceeding the FHFA conforming limit ($832,750 in 2026). These loans are funded by portfolio lenders and private capital — not Fannie Mae or Freddie Mac. This creates more program variety and flexibility for complex borrower profiles.
Jumbo loans share the basic mortgage structure but differ in underwriting approach, lender types, and program diversity. They are used for primary, second home, and investment properties above the conforming threshold.
A licensed MLO will review your situation and identify the right programs. NMLS# 1967971 · FL, TN, SC, CO, TX.
All content on this page is for informational and educational purposes only and does not constitute financial, legal, or mortgage advice. Loan programs, qualification requirements, and availability are subject to change without notice and vary by lender, borrower profile, property type, and market conditions. All loans are subject to credit approval. Not a commitment to lend. Speak with a licensed Mortgage Loan Originator for guidance specific to your situation. New Century Mortgage LLC · NMLS# 1967971 · Equal Housing Lender · NMLSConsumerAccess.org