Question 1

What is the conforming loan limit in San Diego County?

Accepted Answer

The 2026 conforming limit for San Diego County is $1,104,000. Loans above that amount require jumbo financing.

Question 2

Are jumbo rates higher than conventional rates right now?

Accepted Answer

Not always. Jumbo rates move on their own index. As of April 2026, the spread shifts weekly — rates vary by borrower profile and market conditions.

Question 3

How much down payment does a jumbo loan require?

Accepted Answer

Most jumbo lenders require 10-20% down. Higher loan amounts often push that requirement up. Lender guidelines vary.

Question 4

Can I avoid jumbo with a combo loan structure?

Accepted Answer

Yes. A first mortgage at the conforming limit plus a second lien can keep you in conventional territory. We model this regularly for Coronado buyers.

Question 5

What credit score do I need for a jumbo loan?

Accepted Answer

Most jumbo lenders want 720 or higher. Some go to 700, but expect tighter terms and fewer lender options below 720.

Question 6

Which loan closes faster in Coronado?

Accepted Answer

Conventional loans use automated underwriting and typically close faster. Jumbo files are manually reviewed and usually take longer.

Conventional vs Jumbo Loans in Coronado, CA