When financing loans greater than $766,550 or $1,149,825 in some high cost counties (i.e. LA County), regular Conforming and FHA loans are not available.  This when "Jumbo financing" kicks in.  Most banks offer some sort of "niche" product to serve clients in need to finance these larger loans. Each bank will have separate, specific requirements that could disqualify an application for their exclusive Jumbo Product.

 

At Option Funding, we correspond directly with both the Big and Smaller Banks to help determine which of the Jumbo loans fit your financing needs.