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Sausalito sits at the top of the Marin County market. Most homes here blow past conforming loan limits without breaking a sweat.
That means jumbo financing isn't a specialty product in Sausalito — it's the standard. Most buyers here need one.
700–720+
Min Credit Score
20%
Typical Down Payment
12 months post-close
Reserves Required
30–45 days
Est. Close Time
Fixed or ARM
Rate Type Options
Jumbo Loans in Sausalito
Jumbo lenders want a 700+ credit score at minimum. Many of our best-priced programs start at 720 or higher.
Expect to show 12 months of reserves after closing. That's on top of your down payment — not included in it.
Most jumbo programs require 20% down. Some go to 10%, but pricing gets worse and reserves requirements increase.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in Sausalito.
Sausalito sits at the top of the Marin County market. Most homes here blow past conforming loan limits without breaking a sweat.
That means jumbo financing isn't a specialty product in Sausalito — it's the standard. Most buyers here need one.
Jumbo lenders want a 700+ credit score at minimum. Many of our best-priced programs start at 720 or higher.
Jumbo loans don't go through Fannie Mae or Freddie Mac. Each lender sets their own rules — and those rules vary a lot.
We shop across 200+ wholesale lenders to find the right fit. One lender may cap at $3M. Another goes to $5M with better pricing.
The biggest mistake I see in Sausalito deals is buyers underestimating reserve requirements. You close, and suddenly you need liquid assets documented.
Non-warrantable condos come up in Sausalito. Know before you write an offer — some jumbo lenders won't touch them at all.
Rate buydowns work well on jumbos here. The loan sizes are large enough that buying down half a point saves real money long-term.
If your purchase price lands close to the conforming limit, a conforming loan beats jumbo on rate and documentation every time.
ARMs are worth a real conversation on jumbo loans. A 7/1 or 10/1 ARM often prices 50-75 basis points below a 30-year fixed. Rates vary by borrower profile and market conditions.
Interest-only jumbo programs exist and can make sense for buyers with irregular income or high liquidity. They're not for everyone.
Sausalito has a high share of unique properties — floating homes, hillside cottages, historic structures. Appraisals get complicated fast.
Marin County's limited inventory means competitive offers. Jumbo pre-approval needs to be tight before you make a move.
As of April 2026, the Sausalito market rewards buyers who are fully underwritten before they shop. Sellers here don't wait.
Any loan above the FHFA conforming limit for Marin County requires jumbo financing. Marin is a high-cost county, so the threshold is higher than most of California.
Some lenders will finance floating homes, but your options narrow significantly. We know which lenders handle them — most won't.
Plan for 30-45 days minimum. Underwriting is manual, and large-balance loans get extra scrutiny on income and assets.
For buyers with a 7-10 year horizon, an ARM often prices better and saves real money on a large balance. It depends on your timeline.
Most programs require 12 months of PITI (principal, interest, taxes, insurance) in liquid assets after closing. Some high-balance programs ask for more.
Yes, but documentation matters more. Expect two years of full tax returns and possibly a P&L. Bank statement programs also exist for the right borrower.