AI Generated Jumbo Rates as of April 27, 2025
Jumbo Home Mortgage Rates vary every day and also vary based on individual application data
30-Year Fixed Rate Jumbo Home Loan Rates: 6.86% interest, 6.91% APR.
15-Year Fixed Rate Jumbo Home Loan Rates: 6.23% interest, 6.31% APR.
7-Year ARM Jumbo Home Loan Rates: 7.69% interest, 7.99% APR.
5-Year ARM Jumbo Home Loan Rates: 8.21% interest, 8.40% APR.
JUMBO LOAN AND JUMBO MORTGAGE RATES AVAILABLE THROUGH THIS WEBSITE ARE FOR TEXAS BASED PROPERTIES ONLY
Jumbo Loan Basics
What is a jumbo loan?
A Jumbo loan is a mortgage where the loan limit exceeds the FNMA/FHLMC maximum loan amount. In most areas of the U.S., including Texas, this limit is $806,500 for a one-unit property in 2025. The loan limits are determined by the Federal Housing Finance Agency (FHFA).
General Jumbo Loan Requirements (variances from the general requirements listed below can occur depending on your specific circumstances)
Credit score of 700+
Loan Amount: $806,500 up to $5M
Down payment: 10% minimum
Term 30 years or shorter
Max Debt to Income ratio (DTI): 43%
· DTI is your monthly debt divided by your monthly gross income
· Monthly debt is your new house monthly payment plus the sum of all monthly payments that are on your credit report. Your current home monthly mortgage payment is not included if your house will be sold.
· Income: Your monthly income including any rental income.
6 months money reserve may be required on some products.
Jumbo loans usually require a full appraisal of the property.
Jumbo loans usually require a survey of the property.
Should I shop lenders for Jumbo Loans?
The short answer is yes. This is a large investment and there is a substantial closing cost of 10% or more. Even a small difference in your jumbo home mortgage rates will make a difference of thousands of dollars over time. It is recommended to compare at least 3 lenders.
Lender comparison we provide
At no cost to you, we compare your loan application data among some of the largest jumbo loan lenders in the US such as UWM, Plaza, Loanstore, Pennymac, Windsor, Orion, Newrez, Kind Lending to just name a few. We get you the most competetive jumbo home loan rates in Texas. We take your work of going to 3 to 4 banks or lenders out of your hands and present you with a systematic analysis of the best rates and terms to you within 1 business day.
Some Key Features of Jumbo Mortgages
· Eligible for primary, second, and investment properties
· Various reserve requirements based on loan amount and property type may apply
· Some products allow temporary rate buydowns
· Eligible for purchases, rate/term refinances, and cash-out refinances
· First-time homebuyers are allowed
· Non-occupant co-borrowers are permitted
· Temporary rate buydowns may be available
Transparent and upfront data points for your decision making
We provide the best lender scenario to you in detailed cost analysis format, outlining your rate, APR, your monthly payments, and closing cost estimates. We understand that your time is valuable and provide you custom prepared executive summaries focused on your needs. We take your questions seriously and research every detail for you. Jumbo mortgage rates from the premium US wholesale lenders are used to create your loan product.
Hassle free closing
We have long standing relationships with many jumbo loan lenders. We take your application, provide you your pre-approval, and once you find a home, we process your loan with your lender of choice, and close the loan within 21 to 30 days.
Do I need expertise in Jumbo Loans?
Jumbo loans are a specialty, and you need a loan officer with strong knowledge and experience in the field. Your dedicated loan officer will guide you with the nuances of a jumbo mortgage loan and secure the best rates and terms for you from multiple wholesale jumbo loan lenders. You will receive updates regularly from your Texas licensed loan officer.
What documentation do I need for a Jumbo Loan?
To begin the process, you need to have the following ready. Because Jumbo loans are not purchased by Fannie Mae or Freddie Mac , lenders take extra risks with Jumbo loans, and an actual human underwriter goes through your documents. The underwriter may request various documents as the loan progresses
2 years tax returns and W2 or 1099
2 months of bank btatements
Investment account statements
Paystubs – 2 months
Drivers License
Jumbo Loan Hurdles
Closing costs or origination fees may be higher
Down payment requirement of 10% is higher than the norm
Jumbo loans are generally for high income earners earning above 200,000 and credit score of 700+
Mortgage interest deduction cap: The mortgage interest deduction limit is currently capped at $750,000 for loans taken out after December 15, 2017
Additional Adjustible Rate Jumbo Products that we offer:
Prime Jumbo ARMs (5-, 7-, 10-Year)
Prime Jumbo Interest Only
Prime Jumbo Max ARMs
Apply for a Jumbo Loan ($806,500 to $5 Million) in Texas
Contact Us
Cypress, Houston, TX, USA
Hours
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Rashmi Saikia-Courault, Sr. Loan Officer
Copyright © 2025 Rashmi Saikia-Courault - All Rights Reserved.
Rashmi Saikia-Courault, Sr. Loan Officer
NMLS #2012071 Matador Lending NMLS #1871433
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