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Moraga sits in Contra Costa County, where the median household income of $125,727 supports substantial home purchases. At 5.875%, a $1,249,125 jumbo loan carries a $7,389 monthly payment for principal and interest.
County infrastructure investment—like the new East County Service Center breaking ground in nearby Brentwood—signals long-term stability. Jumbo buyers here typically put 20% down and expect tighter underwriting than conventional loans.
5.875%
Interest Rate
$7,389
Monthly P&I
740+
Min. FICO
20% typical
Down Payment
6–12 months
Reserves Required
Jumbo Loans in Moraga
Jumbo loans in Moraga require a 740+ FICO score and typically 20% down. On a $1,561,406 purchase, that's $312,281 down. Lenders want six to twelve months of housing payments in liquid reserves.
Contra Costa County's median household income of $125,727 supports this price range comfortably. Debt-to-income ratios must stay under 43%, and employment history matters more than on conforming loans.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in Moraga.
Moraga sits in Contra Costa County, where the median household income of $125,727 supports substantial home purchases. At 5.875%, a $1,249,125 jumbo loan carries a $7,389 monthly payment for principal and interest.
County infrastructure investment—like the new East County Service Center breaking ground in nearby Brentwood—signals long-term stability. Jumbo buyers here typically put 20% down and expect tighter underwriting than conventional loans.
Jumbo loans in Moraga require a 740+ FICO score and typically 20% down. On a $1,561,406 purchase, that's $312,281 down. Lenders want six to twelve months of housing payments in liquid reserves.
Jumbo lending in California is tighter than conforming. Banks and portfolio lenders dominate this space with longer employment verification, stricter appraisals, and deeper financial review.
Closing timelines run 45 to 60 days for jumbo loans. Brokers can access multiple jumbo lenders, which matters because rates and terms vary more than conforming products.
Jumbo loans make sense in Moraga when buying above the $1,249,125 conforming limit with solid credit and reserves. The rate premium versus conforming runs 0.25% to 0.5%, and fixed payment certainty appeals to long-term buyers.
Jumbo doesn't work if you're stretched on reserves or have recent credit issues. Conventional loans with PMI often cost less over five years than jumbo with tighter terms.
Conventional loans top out at the $1,249,125 conforming limit in 2026. Above that, jumbo is your only fixed-rate option but demands 20% down and stronger reserves.
FHA loans also cap at $1,249,125 in this county. Jumbo avoids FHA's lifetime mortgage insurance but costs more upfront in down payment and underwriting rigor.
Moraga's proximity to county infrastructure projects reflects broader investment in the region. The East County Service Center breaking ground in nearby Brentwood signals long-term community development that supports property values.
Richmond parks are receiving multi-million dollar upgrades funded by state and federal grants. These regional improvements matter to jumbo buyers planning to stay in the area for decades.
At 5.875% on a $1,249,125 loan, principal and interest run $7,389 per month. Add property taxes, insurance, and HOA fees for your total housing cost.
Yes — jumbo lenders typically require 20% down minimum. That's $312,281 on a $1,561,406 purchase.
Jumbo loans close in 45 to 60 days. Underwriting is stricter than conventional, so appraisals and employment verification take longer.
Most jumbo lenders require 740+ FICO. Some accept 720+ with strong reserves and income, but 740 is the practical floor.
Yes, but self-employed borrowers need two years of tax returns and strong profit margins. Jumbo lenders scrutinize income more closely than conventional lenders.