TEXAS MORTGAGE BROKER · SINCE 2012
Jumbo Loans in Texas
Purchasing a luxury home in Texas? Jumbo loans cover properties that exceed conforming loan limits, and I specialize in making the process smooth and competitive.
When Do You Need a Jumbo Loan?
You need a jumbo loan when your loan amount exceeds the conforming limit for a conventional loan, which for 2026 is $806,500 in every Texas county (FHFA). Texas is home to some of the most desirable luxury markets in the country, including Westlake, Barton Creek, Preston Hollow in Dallas, and River Oaks in Houston, where prices routinely cross that line.
Key facts:
- A loan becomes jumbo above the 2026 conforming limit of $806,500 (FHFA)
- Typical minimum credit score: 700 or higher, with 720+ preferred
- Down payment: usually 10% to 20% minimum
- Significant liquid reserves required after closing
- Full income and asset documentation, with tighter debt-to-income guidelines than conventional
Jumbo loans come with stricter qualification requirements, but the right broker can still secure rates competitive with the conforming market (see current Texas mortgage rates). Because I work on a low-overhead model, my jumbo clients benefit from pricing that larger lenders struggle to match.
Whether you are building your dream home in the Hill Country or investing in a high-end property in one of Texas’s premier neighborhoods, I will guide you through every step of the jumbo loan process. I also serve Austin’s luxury submarkets through Mortgage Austin, my Austin-area brand.
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Higher Loan Amounts
Jumbo loans allow you to finance properties well above conforming limits, giving you access to the Texas luxury market without depleting your liquid reserves.
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Competitive Jumbo Rates
Through wholesale channels, I can access jumbo rates that often compete with or beat conforming rates. The broker model shines in this space.
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Personalized Service
High-value transactions demand high-touch service. You work directly with me from application to closing. No hand-offs, no call centers.
What Does It Take to Qualify for a Jumbo Loan in Texas?
Jumbo qualification is stricter than conventional: most lenders look for a credit score of 700 or higher, a down payment of 10% to 20% or more, significant liquid reserves after closing, full income and asset documentation, and a lower debt-to-income ratio than conforming guidelines allow. Strong files get the strongest jumbo pricing.
✓ Higher credit score requirements (typically 700+, though 720+ is preferred)
✓ Larger down payment (usually 10-20% minimum)
✓ Significant liquid reserves after closing
✓ Full income and asset documentation
✓ Lower debt-to-income ratio than conventional guidelines
How jumbo stacks up against a conforming conventional loan:
| Feature | Conforming conventional | Jumbo |
|---|---|---|
| 2026 loan amount | Up to $806,500 (FHFA) | Above $806,500 |
| Typical minimum credit score | 620 | 700+, 720+ preferred |
| Typical minimum down payment | 3% | 10% to 20% |
| Reserves and documentation | Standard guidelines | Significant reserves, full documentation, lower DTI |
Financing a Luxury Home in Texas?
I will structure your jumbo loan to protect your assets and secure the best possible rate. Schedule a call to discuss your options.
Anthony Ferrando | Ferrando Financial LLC | NMLS# 2403080