Jumbo Loans

How Jumbo Loans Work

Because jumbo loans exceed conforming limits, they follow different underwriting guidelines than conventional loans. Lenders typically review factors such as income, assets, credit profile, and overall financial stability more closely when evaluating jumbo loan applications.

Loan terms, qualification guidelines, and available structures vary based on market conditions and individual borrower profiles.

Jumbo Loan Amounts in Los Angeles County

Jumbo loans are mortgage programs designed for home purchases or refinances that exceed standard conforming loan limits. In Los Angeles County, where home prices are often higher than national averages, jumbo loans are commonly used to finance luxury properties and high-value homes.

Jumbo loans are available for primary residences, second homes, and certain investment properties, depending on borrower qualifications and property type.

Loan amounts above the conforming loan limit are considered jumbo loans.

Limits in LA county

Propery type

Conforming Loan Limit

1-Unit

4-Unit

3-Unit

2-Unit

$1,249,125

$2,402,625

$1,933,200

$1,599,375

Conforming loan limits are set annually by the Federal Housing Finance Agency (FHFA) and may change each year. Limits can also vary by county and property type.