For a comparison of all major mortgage types — conventional, FHA, VA, USDA, ARM, and jumbo — see the Mortgage Loan Types hub .
Compare current jumbo mortgage rates for high-value home purchases above conforming loan limits.
Table of Contents
Current Jumbo Loan Rates
Rates as of March 2026. Updated daily.
Loan Type
Rate
APR
Points
30-Year Jumbo Fixed
7.000%
7.08%
0.4
15-Year Jumbo Fixed
6.375%
6.45%
0.3
Jumbo 7/1 ARM
6.250%
6.85%
0.3
Jumbo 10/1 ARM
6.500%
6.92%
0.3
Feature
Jumbo
Conforming
30-Year Fixed Rate
7.000%
6.875%
Rate Difference
+0.125%
—
Max Loan (standard)
No limit
$766,550
Max Loan (high-cost)
No limit
$1,149,825
Min Down Payment
10-20%
3%
Min Credit Score
700-720
620
What Is a Jumbo Loan?
Area Type
Conforming Limit
Jumbo Threshold
Most US counties
$766,550
$766,551+
High-cost areas
Up to $1,149,825
Above local limit
Units
Standard
High-Cost Max
1 unit
$766,550
$1,149,825
2 units
$981,500
$1,472,250
3 units
$1,186,350
$1,779,525
4 units
$1,474,400
$2,211,600
High-Cost Area Limits (Examples)
Metro Area
Conforming Limit
Jumbo Starts At
San Francisco Bay
$1,149,825
$1,149,826
New York City
$1,149,825
$1,149,826
Los Angeles
$1,149,825
$1,149,826
Washington, DC
$1,149,825
$1,149,826
Seattle
$977,500
$977,501
Boston
$913,650
$913,651
Denver
$856,750
$856,751
Jumbo Loan Rates by Credit Score
Credit Score
30-Year Rate
Required Down
780+
6.750%
10-15%
760-779
6.875%
15-20%
740-759
7.000%
15-20%
720-739
7.125%
20%
700-719
7.375%
20-25%
Below 700
Limited availability
25%+
Jumbo Loan Requirements
Requirement
Typical Minimum
Preferred
Credit score
700
740+
Down payment
10-20%
20%+
Debt-to-income
43%
Under 40%
Cash reserves
6-12 months
12+ months
Employment
2 years
Stable history
Documentation
Full
Full
Payment Comparison
$900,000 Home Purchase
Jumbo Loan (20% down):
Component
Amount
Down payment
$180,000
Loan amount
$720,000
Rate
7.000%
Monthly P&I
$4,791
Total interest (30 yr)
$1,004,670
$1,200,000 Home Purchase
Jumbo Loan (20% down):
Component
Amount
Down payment
$240,000
Loan amount
$960,000
Rate
7.000%
Monthly P&I
$6,388
Total interest (30 yr)
$1,339,560
Jumbo ARM vs Fixed Comparison
$800,000 loan amount:
Loan Type
Initial Rate
Initial Payment
Rate After Adjustment
30-Year Fixed
7.000%
$5,322
7.000% (no change)
7/1 ARM
6.250%
$4,927
Could adjust ±2%+
10/1 ARM
6.500%
$5,057
Could adjust ±2%+
7/1 ARM savings: $395/month for first 7 years = $33,180
Risk: If rates rise, payment could increase significantly after fixed period
Avoiding Jumbo: Piggyback Strategy
To avoid a jumbo loan, some borrowers use an 80-10-10 structure:
Example: $850,000 Home
Traditional Jumbo
80-10-10 Piggyback
$170,000 down (20%)
$85,000 down (10%)
$680,000 jumbo loan
$680,000 conforming (80%)
$85,000 HELOC (10%)
Rate: 7.00%
1st: 6.875%, 2nd: 8.5%
Payment: $4,524
Payment: $4,463 + $602 HELOC
Piggyback may cost more but avoids stricter jumbo requirements
Jumbo Loan Rate History
Period
30-Year Jumbo Rate
March 2026
7.000%
2025 Average
7.12%
2024 Average
6.98%
2023 Average
6.89%
2022 Average
5.25%
2021 Average
3.05%
10-Year Average
4.68%
Who Qualifies for Jumbo Loans?
Ideal Candidates
Characteristic
Details
High income
$200K+ household income
Excellent credit
740+ score
Significant assets
12+ months reserves
Low DTI
Under 40%
Large down payment
20%+
Stable employment
2+ years same field
Documents Needed
Tax returns (2 years)
W-2s (2 years)
Pay stubs (30 days)
Bank statements (2-3 months)
Investment account statements
Documentation of down payment source
Gift letter (if applicable)
Jumbo Refinance Rates
Loan Type
Rate
APR
30-Year Jumbo Refi
7.125%
7.20%
15-Year Jumbo Refi
6.500%
6.58%
Jumbo Cash-Out
7.375%
7.45%
Tips for Best Jumbo Rates
Strategy
Potential Savings
25%+ down payment
0.125-0.25% lower rate
Credit score 760+
0.25-0.50% lower rate
Lower DTI ratio
Better approval odds
Shop specialized lenders
Often best rates
Consider credit unions
Lower rates and fees
Private banks
May offer relationship pricing
Buy points
1 point ≈ 0.25% reduction
Related: How Much House Can I Afford? | 30-Year Mortgage Rates | Mortgage Calculator
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WealthVieu
WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.
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