Question 1

What credit score do I need for a jumbo loan in Ione?

Accepted Answer

Most lenders want 700 or above. Below 720, expect a higher rate.

Question 2

How much down payment does a jumbo loan require?

Accepted Answer

Most jumbo programs require 10-20% down. Some portfolio lenders go lower with strong reserves.

Question 3

Can I get a jumbo loan on a property with acreage in Amador County?

Accepted Answer

Yes, but the appraisal is harder. Lenders scrutinize land-to-improvement ratios on large rural parcels.

Question 4

Are jumbo rates higher than conforming rates?

Accepted Answer

Not always. Rates vary by borrower profile and market conditions. Shopping multiple lenders is essential on jumbo.

Question 5

Does SRK CAPITAL work with multiple jumbo lenders?

Accepted Answer

Yes. We access 200+ wholesale lenders. That means real options, not one bank's in-house guidelines.

Question 6

What documents do jumbo lenders require?

Accepted Answer

Full income docs, two years of tax returns, bank statements, and 12 months of reserves are standard.

Jumbo Loans in Ione, CA — When the Property Outgrows Conventional Limits