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Napa County added 1,800 jobs in 2025, signaling steady economic growth across wine country. A $1.375M purchase in Calistoga at 6.375% runs $6,863 monthly for principal and interest alone. That's the baseline for buyers stepping above the conforming limit here.
Jumbo loans in Calistoga require more scrutiny than conventional mortgages below $1.017M. Lenders want proof of reserves, stable income, and a clean credit history.
6.375%
Interest Rate
$6,863
Monthly P&I
700
Minimum FICO
$1,100,000
Loan Amount
20% ($275K)
Down Payment
45-60 days
Closing Timeline
Jumbo Loans in Calistoga
Jumbo loans in Calistoga start at 700 FICO and typically require 20% down. At $1.375M purchase price, that's $275K down and a $1.1M loan.
Lenders want 6-12 months of liquid reserves after closing. That means cash in the bank beyond your down payment. Your debt-to-income ratio stays below 43%, and your employment history must be stable.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in Calistoga.
Napa County added 1,800 jobs in 2025, signaling steady economic growth across wine country. A $1.375M purchase in Calistoga at 6.375% runs $6,863 monthly for principal and interest alone. That's the baseline for buyers stepping above the conforming limit here.
Jumbo loans in Calistoga require more scrutiny than conventional mortgages below $1.017M. Lenders want proof of reserves, stable income, and a clean credit history.
Jumbo loans in Calistoga start at 700 FICO and typically require 20% down. At $1.375M purchase price, that's $275K down and a $1.1M loan.
Jumbo lending in California runs through portfolio lenders and correspondent banks that hold loans or sell them to jumbo investors. Retail banks offer jumbos but with stricter overlays.
Jumbo closings typically take 45-60 days. Appraisals are more thorough because the loan amount justifies it. Rate locks run 30-60 days standard.
Jumbo 30-year fixed makes sense in Calistoga when you're buying a $1.3M+ property and want payment predictability. At 6.375%, you lock in your rate for 30 years. If rates rise, you're protected. If they fall, you can refinance — jumbo refi markets are active.
Jumbo doesn't pencil when you're buying a $1.1M property and could qualify for a conforming loan instead. Conforming rates run 10-15 basis points lower, and underwriting is faster. Do the math: 0.125% on $1.1M is $1,375 per year.
A 5/1 ARM jumbo might start 0.5% lower than 30-year fixed but adjusts after five years. In Calistoga, that's a gamble. Wine-country properties hold value long-term, and rate stability beats payment uncertainty. 30-year fixed lets you plan a decade ahead.
Conventional loans max out at $1.017M in Napa County. If your Calistoga property is worth $1.375M, you have no choice — jumbo is the only path. No rate comparison needed. The question is 30-year fixed versus ARM, not jumbo versus conventional.
Festival Napa Valley celebrates its 20th anniversary July 4-19, 2026, with international stars and free concerts. That kind of cultural draw supports property values in Calistoga.
Napa County's job growth — 1,800 positions added in 2025 — signals confidence in the region. Healthcare is leading growth. That matters for Calistoga buyers: steady employment means stable home values and easier refinancing down the road if you need it.
At 6.375% on a $1.1M loan, principal and interest run $6,863 monthly. That's before taxes, insurance, and HOA fees. The full scenario: $1.375M purchase, $275K down (20%), 740 FICO, 30-day lock, 0.472 discount points ($5,193 upfront).
Yes — 20% down is the standard minimum for jumbo loans. Some lenders go to 15% with excellent credit and reserves, but expect tighter terms. At $1.375M purchase price, 20% down is $275,000. That's the baseline most lenders require.
700 FICO is the floor for most jumbo lenders. Scores above 740 get better rates and faster approval. Below 700, you'll struggle to find a lender. In Calistoga's market, 740+ is standard for competitive pricing.
Jumbo closings run 45-60 days from application to funding. Appraisals take longer because the loan amount justifies thorough inspection. Expect full financial documentation: tax returns, W-2s, bank statements, and employment verification.
Yes — jumbo refi markets are active in California. If rates fall 0.5% or more, refinancing makes sense. You'll pay closing costs again, but on a $1.1M loan, the savings add up fast. Plan for 45-60 days to close a refi.