Question 1

What is the conforming loan limit for El Dorado County?

Accepted Answer

As of April 2026, El Dorado County uses the standard FHFA conforming limit. Any loan above that threshold requires jumbo financing.

Question 2

Can I use rental income from my Tahoe cabin to qualify?

Accepted Answer

Short-term rental income rarely qualifies on jumbo applications. Most lenders want two years of Schedule E rental history on your tax returns.

Question 3

How much do I need to put down on a jumbo loan in South Lake Tahoe?

Accepted Answer

Most programs require 10–20% down. Second homes often require at least 15%, and higher loan amounts may push that to 20%.

Question 4

Do jumbo rates run higher than conforming rates?

Accepted Answer

Usually yes, though the gap fluctuates. Rates vary by borrower profile and market conditions — shop across multiple lenders to see the real spread.

Question 5

Is an ARM a smart move on a Tahoe jumbo purchase?

Accepted Answer

It depends on your timeline. A 7- or 10-year ARM can lower your payment if you plan to sell or refinance before the fixed period ends.

Question 6

Why work with a broker instead of a bank for a jumbo loan?

Accepted Answer

Banks only offer their own programs. We access 200+ wholesale lenders, so we can match your property type and income profile to the lender who actually wants your loan.

Jumbo Loans in South Lake Tahoe — Finance the Mountain Home You're After