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Chino's market sits above the conforming limit at $832,750. A $1.375M purchase with 20% down ($275K) runs $1.1M financed. At 5.875%, that's $6,507 monthly for principal and interest alone.
Jumbo loans here require tighter credit and reserves than conventional mortgages. The tradeoff: access to the $1M+ homes that define Chino's market right now. Most buyers closing jumbo deals in the county carry 740+ FICO and substantial liquid assets.
5.875%
Interest Rate
$6,507
Monthly P&I
740+
Min FICO
20% ($275K)
Down Payment
$1.1M
Loan Amount
45-60 days
Close Timeline
Jumbo Loans in Chino
Jumbo loans in Chino demand 740+ FICO and 20% down minimum. Most lenders want 6-12 months of liquid reserves after closing. The $1.1M loan size means your debt-to-income ratio gets scrutinized closely — typically capped at 43%.
San Bernardino County's median household income is $82,184. That income alone doesn't qualify for a $1.375M purchase. Jumbo buyers here typically earn $200K+, own investment property, or have substantial retirement accounts that count as reserves.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in Chino.
Chino's market sits above the conforming limit at $832,750. A $1.375M purchase with 20% down ($275K) runs $1.1M financed. At 5.875%, that's $6,507 monthly for principal and interest alone.
Jumbo loans here require tighter credit and reserves than conventional mortgages. The tradeoff: access to the $1M+ homes that define Chino's market right now. Most buyers closing jumbo deals in the county carry 740+ FICO and substantial liquid assets.
Jumbo loans in Chino demand 740+ FICO and 20% down minimum. Most lenders want 6-12 months of liquid reserves after closing. The $1.1M loan size means your debt-to-income ratio gets scrutinized closely — typically capped at 43%.
Jumbo lending in California is tighter than conforming. Retail banks and mortgage brokers both offer jumbo products, but underwriting standards vary.
Closing timelines run 45-60 days for jumbo loans. Appraisals take longer because the property value matters more to the lender. Brokers can shop multiple jumbo lenders; retail banks typically offer one or two programs.
Jumbo loans make sense in Chino when you're buying above $832,750 and have the reserves to prove it. At 5.875%, the rate is competitive for the risk profile. Below $1M, conventional mortgages at lower rates may pencil better.
The real decision point: do you have 20% down and 6-12 months liquid reserves? If yes, jumbo is straightforward. If you're stretching to 15% down or have minimal reserves, a smaller purchase or waiting to save more makes sense.
Conventional mortgages max out at $832,750 in San Bernardino County. Above that, jumbo is your only option. Jumbo rates run higher than conforming — typically 0.25-0.5% more — but you get access to the full Chino market.
FHA loans cap at $690,000 here, so they don't compete at the $1.375M level. VA loans max at $832,750 with zero down, but jumbo requires 20% down. If you're buying above conforming, jumbo is the only path forward.
Chino's market has shifted toward larger homes and estates over the past two years. Buyers here are often relocating from Los Angeles or Orange County, seeking more space for the same price.
The county's median household income of $82,184 masks the reality: jumbo buyers in Chino earn significantly more. Many are business owners, executives, or have multiple income streams.
At 5.875% with a $1.1M loan amount, principal and interest run $6,507 per month. Add property taxes, insurance, and HOA fees for your total housing payment. This assumes a 30-year fixed rate.
Yes. Jumbo lenders require 20% down minimum. On a $1.375M purchase, that's $275,000. Some lenders offer 15% down jumbo products, but rates are higher and reserves requirements are stricter.
Most jumbo lenders require 740+ FICO. Some will go to 720 with strong reserves and income. Below 720, jumbo becomes difficult. Conventional mortgages are more flexible on credit.
Lenders typically want 6-12 months of housing expenses in liquid reserves after closing. On a $6,507 monthly payment, that's $39,000-$78,000 in the bank. Retirement accounts and investment portfolios count.
Jumbo loans close in 45-60 days. Appraisals take longer because the lender scrutinizes the property value more carefully. Full income documentation and employment verification add time compared to conforming loans.