Question 1

What property value requires a jumbo loan in Fresno County?

Accepted Answer

Jumbo loans apply when loan amounts exceed conforming limits set annually by FHFA. For 2026, single-family homes requiring financing above $832,750 typically need jumbo products, though limits adjust yearly.

Question 2

Can I get a jumbo loan with 10% down in Huron?

Accepted Answer

Some lenders offer jumbo loans with 10% down, though 15-20% is more common. Smaller down payments usually require higher credit scores, substantial reserves, and may carry premium pricing.

Question 3

Do jumbo loans have higher interest rates than conforming loans?

Accepted Answer

Rates vary by borrower profile and market conditions. Jumbo rates sometimes match or beat conforming rates when borrowers present strong credit, assets, and down payments that reduce lender risk.

Question 4

How long does jumbo loan approval take?

Accepted Answer

Expect 30-45 days for jumbo approvals, sometimes longer for complex properties or income situations. Thorough documentation and quick responses to lender requests help maintain timeline momentum.

Question 5

Are jumbo loans available for investment properties in Fresno County?

Accepted Answer

Yes, though requirements tighten significantly. Investment property jumbo loans typically need 25-30% down, higher credit scores, and larger cash reserves than primary residence purchases.

Jumbo Loans in Huron: Financing Beyond Standard Loan Limits in Fresno County