Question 1

What's the jumbo loan limit in Kerman?

Accepted Answer

Anything above $806,500 counts as jumbo in Fresno County. That's the 2026 conforming limit for single-family homes in this area.

Question 2

Can I get a jumbo loan with 10% down?

Accepted Answer

Some lenders allow it but expect rate premiums of 0.375-0.75%. Most borrowers find 20% down delivers meaningfully better pricing.

Question 3

How long does jumbo loan approval take in Kerman?

Accepted Answer

Figure 30-45 days start to finish. Appraisals run slower in Kerman and jumbo underwriting involves deeper documentation review than conforming loans.

Question 4

Do I need perfect credit for a jumbo loan?

Accepted Answer

Not perfect but strong. Most competitive rates start at 720 credit. Below 700 you'll see rate hits or need compensating factors like higher down payment.

Question 5

Can agricultural income qualify for jumbo loans?

Accepted Answer

Yes but documentation gets complex. We use bank statement programs or average two years of Schedule F income depending on how you structure your operation.

Jumbo Loans in Kerman: Financing Above Conforming Limits in Fresno County