Question 1

What loan amount triggers jumbo in Placer County?

Accepted Answer

Any loan exceeding the FHFA conforming limit for Placer County requires jumbo financing. Check current limits before structuring your purchase price.

Question 2

Do jumbo lenders finance properties with acreage in Colfax?

Accepted Answer

Some do, some don't. Acreage limits vary by lender — many cap at 10 acres. We match your property to lenders with the right guidelines.

Question 3

Can I get a jumbo loan with a 700 credit score?

Accepted Answer

Yes, but your options narrow. Most competitive jumbo pricing starts at 720. A lower score means fewer investors and higher rates.

Question 4

How much down payment does a jumbo loan require?

Accepted Answer

Most jumbo programs require 10–20% down. Larger loan amounts or lower credit scores typically push that toward 20% or more.

Question 5

Are jumbo rates higher than conforming rates?

Accepted Answer

Not always. Jumbo and conforming rates move independently. As of April 2026, the spread between them has been narrow. Rates vary by borrower profile and market conditions.

Question 6

Can self-employed borrowers get jumbo loans in Colfax?

Accepted Answer

Yes, but lenders require two years of tax returns and full income documentation. Bank statement jumbo programs also exist for strong borrowers.

Jumbo Loans in Colfax, CA — Financing Above Conforming Limits