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Chowchilla sits in Madera County's agricultural heartland. Home prices here run well below coastal California norms.
Jumbo loans kick in above the FHFA conforming limit. In most of Madera County, that threshold sits around $832,750 as of April 2026.
700+
Min Credit Score
Above $832,750
Loan Threshold
10–20% typical
Down Payment
12 months
Reserves Required
Jumbo Loans in Chowchilla
Jumbo lenders want to see strong credit. Most require a 700+ score, and 720 gets you better pricing.
Reserves matter a lot here. Expect lenders to require 12 months of mortgage payments in liquid assets after closing.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in Chowchilla.
Chowchilla sits in Madera County's agricultural heartland. Home prices here run well below coastal California norms.
Jumbo loans kick in above the FHFA conforming limit. In most of Madera County, that threshold sits around $832,750 as of April 2026.
Jumbo lenders want to see strong credit. Most require a 700+ score, and 720 gets you better pricing.
Jumbo loans don't sell to Fannie or Freddie. Each lender sets its own rules, rates, and risk appetite.
We work with 200+ wholesale lenders. That matters on jumbo loans more than any other product — pricing gaps between lenders can be significant.
In Chowchilla, jumbo deals often involve large agricultural parcels or rural estates. Mixed-use land complicates appraisals.
Get the property type nailed down early. A lender that loves a clean luxury home may pass on 40 acres with a farmhouse.
If your purchase stays under the conforming limit, a conventional loan is almost always the better call. Lower rates, easier approvals.
ARMs are worth considering on jumbo loans. A 7/1 ARM can cut your rate meaningfully if you don't plan to hold for 30 years. Rates vary by borrower profile and market conditions.
Madera County has a mix of residential and agricultural land. Jumbo borrowers here often buy large lots or rural estates near Highway 99.
Appraisers in this market deal with limited comps. On a jumbo deal, a weak appraisal can kill the loan — price conservatively going in.
In 2026, the conforming limit for Madera County is $832,750. Loans above that amount are considered jumbo.
Not common. Most Chowchilla purchases stay under the conforming limit. Jumbo deals here typically involve large rural properties.
It depends on the lender. Most jumbo lenders want residential-use properties. Mixed ag-residential parcels require careful lender matching.
Most jumbo lenders require 10-20% down. Some want more on higher loan amounts or lower credit scores.
Often yes, though the gap has narrowed over time. Rates vary by borrower profile and market conditions.