Loading
Loading
San Bernardino's jumbo market sits above $832,750, where buyers need stronger credit and reserves. A $1.375M purchase with 20% down runs $6,863 monthly on principal and interest alone at 6.375%.
Jumbo loans here demand 740+ FICO and proof of liquid reserves. The county's median household income of $82,184 means jumbo buyers are typically well above the local income curve.
6.375%
Interest Rate
$6,863
Monthly P&I
740
Min FICO
20%
Down Payment
45-60 days
Close Timeline
Jumbo Loans in San Bernardino
Jumbo loans in San Bernardino require 740+ FICO, 20% down ($275,000 on a $1.375M purchase), and 6-12 months of liquid reserves. Lenders verify employment back two years and scrutinize cash reserves closely.
The county's median household income of $82,184 doesn't reflect jumbo buyers here. Most jumbo borrowers earn $200K+ annually. Debt-to-income ratios cap at 43%, sometimes tighter for jumbo.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in San Bernardino.
San Bernardino's jumbo market sits above $832,750, where buyers need stronger credit and reserves. A $1.375M purchase with 20% down runs $6,863 monthly on principal and interest alone at 6.375%.
Jumbo loans here demand 740+ FICO and proof of liquid reserves. The county's median household income of $82,184 means jumbo buyers are typically well above the local income curve.
Jumbo loans in San Bernardino require 740+ FICO, 20% down ($275,000 on a $1.375M purchase), and 6-12 months of liquid reserves. Lenders verify employment back two years and scrutinize cash reserves closely.
Jumbo lending in California runs through portfolio lenders and mortgage banks. Retail banks rarely touch jumbo; brokers access jumbo networks that specialize in high-balance loans above the conforming limit.
Underwriting takes 45-60 days for jumbo. Appraisals are stricter, employment verification deeper. Rates run 0.25-0.5% higher than conforming because jumbo carries portfolio risk.
Jumbo makes sense in San Bernardino when you're buying above $832,750 and have strong reserves. Below that threshold, conventional conforming loans run cheaper and close faster.
The 6.375% rate on a $1.1M loan pencils out if you plan to stay 7+ years. If you're moving within five years, the higher rate and stricter underwriting may not justify the purchase price.
Conventional conforming loans max at $832,750 and run lower rates with faster underwriting. Jumbo starts where conforming ends, carrying tighter credit, higher rates, and longer timelines.
If your purchase is $850K-$900K, conforming may still work with a smaller loan and cash down. Above $1M, jumbo is your only path — but expect stricter scrutiny and a longer close.
San Bernardino's real estate market has seen steady investor activity in recent years. Jumbo buyers here are often relocating professionals or business owners cashing out equity elsewhere.
The city sits at the gateway to the Inland Empire's logistics corridor. That infrastructure draw supports long-term property values for jumbo buyers holding 7+ years.
At 6.375% on a $1.1M loan, principal and interest run $6,863 monthly. That's before taxes, insurance, and HOA. The full scenario: $1.375M purchase, $275K down (20%), 740 FICO, 30-day lock, single-family primary residence.
Yes. Jumbo lenders require 20% down minimum. That's $275,000 on a $1.375M purchase. Some lenders go 15% down, but rates jump and reserves must be stronger.
Jumbo loans close in 45-60 days. That's longer than conventional (30-40 days) because underwriting is stricter and appraisals take longer. Employment verification and reserve documentation add time.
No. Jumbo lenders require 740+ FICO. A 700 score disqualifies you. If you're below 740, wait 6-12 months to rebuild credit or look at conforming loans under $832,750.
Lenders require 6-12 months of liquid reserves (cash, stocks, bonds). On a $1.1M loan, that's roughly $41,000-$82,000 in accessible funds. Retirement accounts don't count.