Question 1

What's the jumbo loan limit in Martinez?

Accepted Answer

Anything above $806,500 is jumbo in Contra Costa County. That's the 2025 conforming loan limit for single-family homes in this area.

Question 2

Can I get a jumbo loan with 10% down?

Accepted Answer

Yes, many jumbo programs accept 10% down with strong credit and reserves. Expect better rates at 20% down though.

Question 3

Do jumbo loans have higher rates than conventional?

Accepted Answer

Not always—jumbo rates have become competitive for well-qualified borrowers. Rates vary by borrower profile and market conditions.

Question 4

How much reserves do I need for a jumbo loan?

Accepted Answer

Most lenders want 6-12 months of mortgage payments in reserves after closing. Investment properties may require more.

Question 5

Should I put more down to avoid jumbo financing?

Accepted Answer

Sometimes yes—if a larger down payment keeps you under $806,500, you gain flexibility. Run the numbers both ways with your broker.

Conventional vs Jumbo Loans in Martinez: Which Fits Your Price Range?