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Monterey County sits in one of California's most expensive coastal corridors. Properties here routinely push past conforming loan limits.
Seaside is no exception. Buyers financing higher-value homes here need a jumbo loan — a mortgage above the FHFA conforming limit.
700–740 typical
Min Credit Score
10–20%
Min Down Payment
Above conforming limit
Loan Size
6–12 months
Reserves Required
Fixed or ARM
Rate Type
Jumbo Loans in Seaside
Jumbo lenders hold borrowers to tighter standards. Most require a credit score of 700 or higher — some push to 720 or 740.
Expect to document everything. Two years of tax returns, 60 days of bank statements, and full asset verification are standard.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in Seaside.
Monterey County sits in one of California's most expensive coastal corridors. Properties here routinely push past conforming loan limits.
Seaside is no exception. Buyers financing higher-value homes here need a jumbo loan — a mortgage above the FHFA conforming limit.
Jumbo lenders hold borrowers to tighter standards. Most require a credit score of 700 or higher — some push to 720 or 740.
Not every lender does jumbo well. Big banks often have rigid overlays that kill otherwise solid deals.
We work with 200+ wholesale lenders, including specialty jumbo investors. That gives us real options when your scenario isn't cookie-cutter.
Self-employed borrowers struggle most with jumbo approvals. Lender scrutiny on income is intense at these loan sizes.
If your tax returns don't tell the full income story, we can place you with lenders who accept bank statement documentation instead.
A conforming loan keeps you under the FHFA limit with easier qualifying. But if your purchase price demands more, jumbo is the path.
ARMs are a real consideration on jumbo loans. The rate savings over a fixed can be significant at these loan sizes.
Seaside borders Monterey and is minutes from Pebble Beach. That proximity pulls property values up fast.
The Monterey Peninsula's limited inventory keeps competition stiff. A clean jumbo pre-approval letter carries real weight in offers here.
Jumbo loans begin above the FHFA conforming limit for Monterey County. That limit adjusts annually, so confirm the current figure before you shop.
Not always. Some lenders go as low as 10% down on jumbo loans. Stronger credit and reserves can get you there.
Not necessarily. Jumbo rates fluctuate independently. Rates vary by borrower profile and market conditions.
Yes, but documentation requirements are strict. Some lenders accept 12–24 months of bank statements in place of tax returns.
Most jumbo lenders want 6–12 months of liquid reserves after closing. Higher loan amounts often push that requirement higher.
Yes. Credit, income, and asset requirements are stricter. The right wholesale lender makes a meaningful difference in approval.