Question 1

What is the jumbo loan limit in Orange County?

Accepted Answer

The 2026 conforming limit sets the floor for jumbo. Any loan above that amount in Orange County requires jumbo financing with non-agency guidelines.

Question 2

Can I get a jumbo loan with 10% down in Yorba Linda?

Accepted Answer

Yes, some lenders allow 10-15% down on jumbos. Expect a higher credit score requirement and possibly mortgage insurance at those lower down payment levels.

Question 3

Do jumbo loans take longer to close?

Accepted Answer

Usually yes. Appraisals on high-value homes take more time, and underwriting is more manual. Budget 45-60 days on complex Yorba Linda purchases.

Question 4

Are jumbo rates higher than conventional rates?

Accepted Answer

Not always. Jumbo rates fluctuate independently of conforming rates. Rates vary by borrower profile and market conditions — strong borrowers sometimes get competitive jumbo pricing.

Question 5

Can self-employed borrowers get jumbo loans in Yorba Linda?

Accepted Answer

Yes, but expect deeper documentation. Two years of tax returns, business bank statements, and a CPA letter are standard for most jumbo lenders.

Question 6

What counts as reserves for a jumbo loan?

Accepted Answer

Reserves are liquid assets you keep after closing — checking, savings, or investment accounts. Most jumbo lenders require 12 months of mortgage payments held in reserve.

Jumbo Loans in Yorba Linda, CA