Loan Program
Jumbo Loans
High-balance financing for Texas luxury and premium markets.
Overview
Jumbo financing is for loan amounts above the conforming limit ($806,500 in most Texas counties for 2026). Different investors, different underwriting, sharper pricing tiers — and the sophistication of a client who typically has more of their financial picture in play.
Who it's for
- Buyers in Houston, Dallas, Austin, and premium suburbs
- Move-up buyers converting equity into a larger home
- Executives with RSU / bonus / carried-interest income
- Second-home buyers on the Texas coast or Hill Country
Benefits
- Loan amounts to $3M+ standard, higher available
- Asset-based and interest-only options
- Pied-à-terre and second-home structures
- Portfolio pricing for the right file
Common Questions
What credit score is needed?
Typically 700+, with the best pricing at 740+ and 760+.
How much down payment?
10-20% on primary residence Jumbo is common; some programs allow less with compensating factors.
How are reserves counted?
Most Jumbo programs want 6-12 months of PITI in verified reserves. Retirement assets typically count at 60-70%.
Financing Provided Through
Clear Rate MortgageLicensed Mortgage Lender · NMLS #2470446
Mike Keys · NMLS #2795829 · Company NMLS #2470446
A boutique client experience, backed by a national lending platform.
- · Licensed across Texas
- · Broad portfolio of loan solutions
- · Experienced lending & operations team
- · Professional service from application through closing