

Jumbo Loans
Jumbo loans are mortgage loans that exceed the conforming loan limits set by Fannie Mae and Freddie Mac. For 2025, the conforming limit is $806,500, so any loan amount above this is considered a jumbo loan.
Because jumbo loans aren’t backed by government-sponsored entities, they have stricter qualification requirements. However, they’re an excellent choice for buyers purchasing high-value properties or homes in competitive real estate markets.
Pros of jumbo Loans
Cons of jumbo Loans
7/1 ARM Product from BWC
Looking for a way to lower your monthly payments while keeping your options open? BWC offers a 7/1 Adjustable-Rate Mortgage (ARM) for jumbo loans.
How It Works: Enjoy a fixed interest rate for the first 7 years, then transition to an adjustable rate for the remainder of the loan term.
Who It’s For: Perfect for buyers who plan to refinance or sell their property before the 7-year mark, or those looking for lower upfront payments.
Why Choose This: A 7/1 ARM can offer significant savings compared to fixed-rate jumbo loans.
Who Is a jumbo Loan
Perfect For?

Jumbo loans are ideal for:
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Buyers purchasing luxury homes or properties in high-value markets.
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Borrowers with strong credit (700+) and a history of stable income.
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Homebuyers who want to avoid splitting their mortgage into two loans.
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Anyone needing a loan amount higher than the conforming limit of $806,500.
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Buyers looking for flexible options like BWC’s 7/1 ARM product
How to Qualify for a Jumbo Loan
While requirements vary by lender, here’s what you typically need:
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Higher Credit Score: A score of 700 or above is usually required.
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Low Debt-to-Income Ratio: Keep your DTI under 43%.
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Large Down Payment: Plan for 20% down, depending on the loan amount.
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Robust Cash Reserves: Many lenders require proof of additional savings to cover several months of payments.
