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Dublin just approved a 113-unit senior affordable housing project on Regional Street, signaling continued investment in the city's residential infrastructure.
Alameda County's median household income of $126,240 supports homes in the $1.2M–$1.6M range comfortably. Jumbo loans at this price point require tighter underwriting than conforming mortgages, but the 30-year fixed locks your rate for the entire loan term.
5.875%
Interest Rate
$7,389
Monthly P&I
740
Min FICO
20% ($312K)
Down Payment
45–60 days
Close Timeline
Jumbo Loans in Dublin
Jumbo loans in Dublin start at 740 FICO and require 20% down minimum. At $1.56M purchase price, that's $312,281 down and a $1.25M loan. Lenders typically ask for 6–12 months of liquid reserves after closing to prove you can weather rate changes or job loss.
Alameda County's $126,240 median household income translates to roughly $10,500 monthly gross. A $7,389 P&I payment fits comfortably if your total debt (mortgage, car, credit cards) stays below 43% of gross income.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in Dublin.
Dublin just approved a 113-unit senior affordable housing project on Regional Street, signaling continued investment in the city's residential infrastructure.
Alameda County's median household income of $126,240 supports homes in the $1.2M–$1.6M range comfortably. Jumbo loans at this price point require tighter underwriting than conforming mortgages, but the 30-year fixed locks your rate for the entire loan term.
Jumbo loans in Dublin start at 740 FICO and require 20% down minimum. At $1.56M purchase price, that's $312,281 down and a $1.25M loan. Lenders typically ask for 6–12 months of liquid reserves after closing to prove you can weather rate changes or job loss.
Jumbo mortgages in California come from portfolio lenders, credit unions, and mortgage banks—not all retail banks offer them. Portfolio lenders hold loans on their own books, so they have flexibility on overlays.
Jumbo closings typically run 45–60 days because underwriting is deeper. Appraisals take longer, and lenders order additional verifications.
Jumbo 30-year fixed makes sense in Dublin when you're buying above the $1.25M conforming limit and plan to stay 7+ years. The rate lock eliminates refinance risk in a rising-rate environment.
At 80% LTV with 740 FICO, you're in the sweet spot for jumbo pricing. Below 740 or with less than 20% down, rates jump and reserve requirements tighten. Above $1.6M, some lenders start asking for 25% down, which changes the math entirely.
Jumbo 30-year fixed versus a 5/1 ARM: the ARM starts lower but adjusts after year five. If you're staying past 2031, the fixed rate protects you from payment shock. If you're selling or refinancing before then, the ARM saves you money upfront.
Conventional conforming loans max out at $1.25M and carry PMI if you put down less than 20%. Jumbo has no PMI but requires 20% down and tighter reserves. The jumbo rate is higher, but you skip mortgage insurance entirely—that's the real tradeoff.
Dublin's new senior affordable housing project on Regional Street reflects the city's commitment to mixed-income development. That kind of infrastructure investment supports long-term home values and community stability—important for buyers holding a $1.56M...
The East Bay's restaurant boom—Filipino, burger, Mexican, and Nicaraguan spots opening across the region—signals economic confidence and quality-of-life investment.
Principal and interest run $7,389 monthly on a $1.25M loan at 5.875% over 30 years. Add property taxes, insurance, and HOA fees—typically $2,500–$3,500 more per month depending on the property.
Yes. Jumbo lenders require 20% down minimum. On a $1.56M purchase, that's $312,281. Some lenders accept 15% down, but rates jump 0.5%+ and you'll need 12+ months reserves instead of 6–8 months.
45–60 days is typical. Jumbo underwriting requires full appraisals, employment verification, and asset documentation. Conventional loans close in 30–45 days because overlays are lighter.
At par rate (5.875%), you'll pay 0.097 points—about $1,207 on a $1.25M loan. That's the cost to lock the rate. Paying points upfront lowers your rate; skipping them raises it slightly.
740 FICO is the floor for standard pricing. Below 740, rates increase 0.25–0.5%. Above 760, you may qualify for slightly better terms. Jumbo lenders pull three credit reports and verify no recent late payments.