Jumbo Loans
Financing above conforming loan limits
Jumbo loans exceed conforming loan limits and are used for higher-priced homes, often on Bainbridge Island and the Kitsap waterfront. We help structure jumbo financing with competitive rates and flexible underwriting.
Down Payment
10% – 20%+
Min Credit Score
700+ typical
Loan Term
15, 30 fixed or ARM
Mortgage Insurance
Varies — often none with 20% down
Loan Limit
Above county conforming limit
Program Highlights
- ◆Loan amounts well above conforming limits
- ◆Fixed and ARM structures available
- ◆Competitive jumbo pricing through wholesale lenders
- ◆Asset-based and bank-statement options for self-employed
Best For
- ◆Bainbridge Island and waterfront buyers
- ◆Move-up buyers in higher price ranges
- ◆Investors purchasing premium properties
Qualification Requirements
- 01700+ FICO typical (some programs accept 680)
- 026–12 months of reserves
- 03Strong income documentation
- 04DTI generally under 43%
Advantages
- +Finance high-priced and luxury homes
- +Flexible structure options
- +Often no PMI with 20% down
Trade-Offs
- –Stricter qualification
- –Higher reserve requirements
- –Larger down payment typical
How the Process Works
- 01In-depth pre-approval with reserve review
- 02Property valuation (sometimes two appraisals)
- 03Detailed underwriting
- 04Close in 30–45 days
Frequently Asked
What is the jumbo loan limit in Kitsap County?+
Any loan above $1,209,750 (the 2026 high-balance conforming limit for Kitsap County) is considered jumbo.
Do jumbo loans require 20% down?+
Not always. We offer jumbo programs with 10% and even 5% down for strong-credit borrowers, with options that avoid traditional PMI.
Ready to Get Started?
Apply online in minutes or talk through your scenario with our team.