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in Tiburon, CA
Tiburon is one of the most expensive markets in Marin County. Most properties here push well past conforming loan limits.
Knowing which loan fits your purchase price saves time. The gap between conventional and jumbo isn't just size — it's qualification standards, rates, and lender flexibility.
Conventional loans follow guidelines set by Fannie Mae and Freddie Mac. Lenders can sell these loans on the secondary market, which keeps rates competitive.
You'll need at least a 620 credit score. Down payments start at 3%, though 20% avoids private mortgage insurance (PMI — a monthly fee protecting the lender).
Jumbo loans cover amounts above the FHFA conforming limit. In Marin County, that means anything above the high-balance cap falls into jumbo territory.
Lenders hold jumbo loans on their own books. That means stricter qualifying — typically 700+ credit, 12 months reserves, and 20% or more down.
Local decision guide
Use this comparison to weigh Conventional Loans and Jumbo Loans through local payment fit, eligibility, documentation, and timing before choosing a path in Tiburon.
Tiburon is one of the most expensive markets in Marin County. Most properties here push well past conforming loan limits.
Knowing which loan fits your purchase price saves time. The gap between conventional and jumbo isn't just size — it's qualification standards, rates, and lender flexibility.
Conventional loans follow guidelines set by Fannie Mae and Freddie Mac. Lenders can sell these loans on the secondary market, which keeps rates competitive.
HousingWire flagged the 30-year fixed hitting 6.57% with application volume dropping sharply. Jumbo rates don't always track that benchmark — they're priced by individual lenders and can go higher or lower depending on the deal.
Conventional underwriting is automated and predictable. Jumbo underwriting is manual — lenders dig into asset statements, tax returns, and employment history more aggressively. Rates vary by borrower profile and market conditions.
If your loan amount stays under the Marin County conforming limit, conventional is usually the cleaner path. Faster approval, lower documentation burden, and competitive rates.
If you're buying at Tiburon's typical price points, you're likely in jumbo territory regardless. Strong credit, documented assets, and a solid down payment are what move those deals forward.
Marin County qualifies for high-balance conforming limits set by the FHFA. Anything above that threshold is a jumbo loan.
Not always. Jumbo rates are lender-specific and can be competitive for strong borrowers. Rates vary by borrower profile and market conditions.
Most jumbo lenders require 20% down. Some programs allow less, but expect tighter credit and reserve requirements in exchange.
Only if the loan amount stays within Marin County's conforming limit. Above that, you're in jumbo territory by definition.
Most jumbo lenders want 700 or above. Some go higher for larger loan amounts or lower down payments.
Jumbo loans involve manual underwriting and take longer. Budget more time for document review and lender conditions.