HIGH VALUE

Jumbo Loans

Financing for properties that exceed the conventional conforming loan limits. Designed for higher-value purchases with competitive terms.

Above Conforming Limits

Loan minimum (MA)

$806,501+

Above conforming limit

Down payment

10-20%

Varies by lender

Credit score

700-720+

Lender-dependent

Reserves required

6-12mo

Liquid assets

WHY BUYERS LOVE IT

Finance luxury or high-value properties in one loan
Competitive rates with customized terms for larger purchases
Available as fixed or adjustable rate
No need to take out multiple loans for high-value properties
THINGS TO CONSIDER
Stricter underwriting — income, assets, and credit scrutinized more closely
Higher reserve requirements and larger down payment typically needed

Ideal for: Buyers purchasing higher-value homes in competitive markets like Norfolk County, waterfront properties, or luxury real estate that exceeds conventional loan limits.