Question 1

What triggers a jumbo loan in Del Norte County?

Accepted Answer

Any loan above the FHFA conforming limit becomes jumbo. Del Norte is not a high-cost county, so that limit is the standard baseline.

Question 2

Can I get a jumbo loan on a rural property in Crescent City?

Accepted Answer

Yes, but not every lender will do it. Rural properties with limited comps face tighter appraisal scrutiny, so lender selection matters.

Question 3

How much do I need in reserves for a jumbo loan?

Accepted Answer

Most jumbo lenders want 12 months of mortgage payments in verified liquid assets. Some go higher on larger loan amounts.

Question 4

Is a jumbo loan harder to qualify for than a conventional loan?

Accepted Answer

Yes. Jumbo lenders set their own guidelines. Credit, reserves, and DTI requirements are all stricter than conforming standards.

Question 5

Are jumbo rates higher than conforming rates in Crescent City?

Accepted Answer

Often yes, but not always. Rates vary by borrower profile and market conditions. We price both and show you the real difference.

Jumbo Loans in Crescent City, CA