Apply right now, schedule a call, or talk to a loan officer. Florida's luxury market deserves a broker who closes jumbo every week, not once a quarter.
Same destination, a real pre-approval letter that lets you make competitive offers. Three ways to get there.
The full jumbo application takes 10-15 minutes. Most files get a same-day decision. Jumbo guidelines are tighter than conventional, so having documents ready matters.
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Pick a 30-minute slot that works for you. Jumbo structure matters, reserves, liquidity, and how you document complex income all drive rate and approval. We'll walk through your file before it ever hits underwriting.
30 minutes, no commitment.
Talk to a licensed loan officer right now. We close jumbo loans in Naples, Sarasota, Palm Beach, Miami Beach, and the Keys every week.
Average wait under 60 seconds.
A jumbo loan is any mortgage above the conforming loan limit set by Fannie Mae and Freddie Mac, $806,500 in most Florida counties for 2026, higher in Monroe County. Because jumbo loans can't be sold to Fannie or Freddie, they're held by banks and private investors, which makes underwriting stricter: larger reserves, tighter credit, and cleaner income documentation. But jumbo rates today are often competitive with conforming, and in some banks' relationship programs, even lower.
Still researching? Read the full jumbo loan guide
Jumbo underwriting is stricter than conventional because banks hold the loan on their books. Here's the core checklist. If most of these fit, we have real jumbo options to structure around your situation.
Jumbo underwriting is more document-heavy than conventional. Have these ready before you start the online application or jump on a call.
A current driver's license, state ID, or passport for every borrower on the loan.
Federal returns with all schedules. If you're self-employed or a business owner, we also need business returns (K-1s, 1065s, 1120s) depending on entity type.
For W-2 earners. Bonus, commissions, RSUs, and equity compensation all need documentation showing at least two years of history to count.
Every checking, savings, brokerage, and retirement account you'll use for down payment, closing costs, or reserves. We need to source the funds and document the reserves.
6 to 12 months of PITI in liquid assets, after closing. Retirement accounts count at 60-70% of balance depending on the program.
If you own other properties, we need the address, mortgage balance, rental income if applicable, and monthly property tax, insurance, and HOA for each one.
Jumbo moves through underwriting on a slightly longer runway than conventional because of the deeper documentation review, but there's no mystery to it. Here's the sequence.
We pull credit, run automated underwriting if the program supports it, and take a first pass at income and reserves. You'll get a text or email confirming what we have and what's still missing.
If the file is straightforward, we issue a jumbo pre-approval letter. If we need to dig in (complex self-employment, K-1 income, equity compensation, bank-statement program), we set up a call within 24 hours to structure the submission properly.
Two appraisals in some cases, thorough underwriting review, conditional approval, clear to close. Jumbo typically closes in 21 to 30 days. We target the fast end of that window by submitting clean, structured files.
Florida's luxury markets, Naples, Sarasota, Palm Beach, Miami Beach, Fisher Island, Star Island, Key Biscayne, Fort Lauderdale's waterfront neighborhoods, and the Keys, are some of the largest concentrations of jumbo purchase activity in the country. That means Florida brokers who specialize in jumbo see more programs, work with more jumbo-active banks, and know how to structure files that move through luxury market closings cleanly.
Jumbo rates today are often competitive with or better than conforming rates, which surprises a lot of buyers. Banks that hold jumbo loans on their books can set their own pricing, and some will price aggressively to win relationship business, particularly for buyers willing to move deposits or investments to the lender. We'll show you whether a relationship program is worth it before you commit.
Florida-specific items matter more on jumbo: the coastal property appraisal process, hurricane and wind insurance, flood zone status, private road and well-and-septic reviews, HOA financial health on luxury condos, and the post-Surfside condo structural requirements. These can derail a jumbo closing if the lender hasn't seen them before. We have, and we plan around them.
Any mortgage above the conforming loan limit set by Fannie Mae and Freddie Mac is a jumbo. In 2026, that limit is $806,500 in most Florida counties and higher in Monroe County (the Keys), where it climbs over $1 million. Above that, you're in jumbo territory.
Most jumbo programs require 10% to 20% down. Some banks allow 5% down at lower loan amounts with 740+ credit. For second homes or investment property, expect 20% to 30%. The higher your down payment, the better your rate typically is.
Not always. Banks that hold jumbo loans in portfolio often price competitively with conforming rates, and in some relationship programs, below conforming. It depends on the bank and your profile. We shop your file across multiple jumbo investors so you see the best rate available.
Most programs require 6 to 12 months of mortgage payments (principal, interest, taxes, insurance) in liquid or near-liquid accounts after closing. Retirement accounts count at 60-70% of balance depending on the investor.
Yes. Jumbo is one of the primary financing vehicles for Florida luxury second homes. Expect 20% down on most programs, slightly higher rates than a primary residence, and documented reserves. We close second-home jumbos in Naples, Sarasota, the Keys, and Palm Beach regularly.
700 is the common floor, with best pricing at 740 or 760. Some programs accept 680 with compensating factors. Jumbo is very credit-sensitive, a 20-point move in credit can shift your rate meaningfully.
Yes. Two years of full tax returns are standard. If your tax returns don't reflect your actual cash flow because of depreciation or paper losses, bank-statement jumbo programs use 12 to 24 months of business statements to qualify instead. We'll tell you which path gives you the best rate.
Most jumbo programs don't carry PMI, even at less than 20% down. Instead, rate is adjusted to price for the risk. Some programs offer PMI as an option if the rate adjustment doesn't work in your favor.
Jumbo typically closes in 21 to 30 days because of the deeper underwriting review and sometimes two appraisals. Our team targets the fast end of that range by submitting clean, well-structured files up front.
Yes, but the condo project has to pass warrantable or non-warrantable condo review. Post-Surfside, Florida condo underwriting has tightened around structural reserves and special assessments. We check project status before you go under contract.
Yes. Once you've built equity and rates improve, you can refinance into a lower rate, drop mortgage insurance if you have it, or refinance from jumbo to conforming if your balance has amortized below the limit.
Three ways to start. Pick what feels right.
