Jumbo LoansFor Luxury Properties
Specialized portfolio lending for luxury properties. Five distinct jumbo programs designed for unique borrower profiles, from first-time buyers to experienced investors.
Jumbo Loan Calculator
Specialized financing for luxury properties and high-value homes
What Are Jumbo Loans?
Jumbo loans, also known as non-conforming loans, are mortgages that exceed the conforming loan limits set by the Federal Housing Finance Agency (FHFA). These loans are designed for financing luxury properties and homes in highly competitive real estate markets.
2025 Conforming Loan Limit
$806,500 for most areas, $1,209,750 in high-cost markets
Jumbo Loan Range
From $806,501 up to $3,000,000+
Portfolio Lending
Not sold to Fannie Mae or Freddie Mac
Quick Calculator
2025 Loan Limits by County
Conforming loan limits vary by county. Loans exceeding these limits require jumbo financing.
Massachusetts Counties
High-Cost Areas
Jumbo Loan Thresholds
Any loan exceeding these limits in their respective areas requires jumbo financing.
Jumbo Loan Benefits & Features
Five specialized jumbo programs with varying DTI limits, reserve requirements, and property eligibility to match your unique situation.
Competitive Rates
Multiple program options with DTI ratios up to 49.99% and flexible underwriting guidelines for complex borrower profiles.
Flexible Terms
Programs accepting both DU and LP automated underwriting systems with varying reserve and seasoning requirements.
High Loan Amounts
Specialized programs for unique properties including acreage up to 50 acres and non-permanent resident aliens.
Cash-Out Refinance
Varying cash-out refinance rules from 6-month to 12-month seasoning requirements depending on program selection.
Fast Processing
Streamlined underwriting process with dedicated jumbo loan specialists for faster closings.
Multiple Property Types
Investment property eligibility varies by program, with some accepting business assets for reserves and others restricting hobby farms.
Jumbo Loan Qualification Requirements
Multiple jumbo programs with varying qualification requirements. We'll match you to the program that best fits your profile.
Credit Requirements
Minimum Credit Score
Most lenders require 720+ FICO score, some may accept 700+
Debt-to-Income Ratio
Ranges from 45% to 49.99% depending on program selection
Credit History Requirements
Varying late payment tolerances; some programs require 7-year BK waiting periods
Down Payment & Reserves
Down Payment & FTHB Limits
Standard requirements; some programs cap first-time buyers at $1.5M
Reserve Requirements
Minimum 6 months or not required below $2M depending on program
Business Assets for Reserves
Some programs accept business assets; others restrict to liquid funds only
Which Jumbo Program Fits You?
Let our specialists analyze your profile and recommend the best jumbo program from our five specialized options.
Jumbo Loan Success Stories
Real clients who achieved their luxury home financing goals with our jumbo loan programs.
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Join thousands of Massachusetts homeowners who trust Milestone for their mortgage needs