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Citrus Heights sits in Sacramento County, where select properties push past conforming loan limits. When a purchase price crosses that threshold, you're in jumbo territory.
The conforming limit is set annually by the FHFA. Any loan above that ceiling requires jumbo financing — different rules, different lenders, different approval process.
700+ typical
Min Credit Score
10–20%
Down Payment
12 months
Cash Reserves
30–45 days
Est. Close Time
Jumbo Loans in Citrus Heights
Most jumbo lenders want a 700+ credit score. Some go to 680, but expect a higher rate and more scrutiny on reserves.
You'll typically need 12 months of cash reserves after closing. Down payments usually start at 10% — 20% is more common on larger loan amounts.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in Citrus Heights.
Citrus Heights sits in Sacramento County, where select properties push past conforming loan limits. When a purchase price crosses that threshold, you're in jumbo territory.
The conforming limit is set annually by the FHFA. Any loan above that ceiling requires jumbo financing — different rules, different lenders, different approval process.
Most jumbo lenders want a 700+ credit score. Some go to 680, but expect a higher rate and more scrutiny on reserves.
Jumbo loans aren't sold to Fannie Mae or Freddie Mac. Each lender sets its own guidelines — which means wide variation in rates, overlays, and max loan amounts.
Big retail banks often have the strictest overlays. Wholesale lenders we access can be more flexible on self-employed income, property types, and loan amounts.
Rate shopping matters more on jumbos. A 0.25% difference on a $1.2M loan is real money every month. Rates vary by borrower profile and market conditions.
Self-employed borrowers should pull two years of tax returns before applying. Low taxable income kills jumbo approvals fast — lenders want to see what you actually claim.
If you're close to the conforming limit, a conventional loan is almost always cheaper. Better rates, lower reserves, easier approval. Worth checking before you assume you need jumbo.
ARMs are popular with jumbo borrowers who plan to sell or refinance within 7-10 years. A 7/1 or 10/1 ARM can cut your rate meaningfully on a large balance. Rates vary by borrower profile and market conditions.
Citrus Heights has pockets of higher-end homes that can push into jumbo range. Not every neighborhood hits that threshold — but executive-style properties in certain areas do.
Sacramento County appraisers have deep experience with the local market. Still, jumbo appraisals take longer and lenders may require a second appraisal on loans above certain amounts.
The FHFA sets conforming limits annually. Any loan above that limit in Sacramento County is considered jumbo. Check current limits before assuming your loan type.
Some lenders allow 10% down on jumbo loans. Expect stricter reserve requirements and a higher rate compared to 20% down.
Yes. Underwriting is more intensive and appraisals on higher-value homes take longer. Budget 30-45 days minimum.
Most jumbo lenders require 700 or above. Scores below that narrow your options and typically raise your rate.
Yes, but lenders use your net taxable income from two years of returns. High write-offs can limit your qualifying amount significantly.
We shop across 200+ wholesale lenders to find the best rate and guidelines for your file. One bank only shows you one option.