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Poway is one of San Diego County's most expensive suburban markets. Homes here routinely push past conforming loan limits.
The 2026 conforming limit for San Diego County is $832,750. Anything above that requires a jumbo loan.
$832,750
Conforming Limit (SD County)
700–720+
Min Credit Score
10–20%
Down Payment
30–45 Days
Typical Close Time
12 Months
Reserves Required
Jumbo Loans in Poway
Jumbo lenders set stricter standards than conforming programs. Expect a minimum 700 credit score — many lenders want 720 or higher.
You'll need 12 months of reserves after closing. Most lenders cap debt-to-income (DTI) at 43%, though some go lower.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in Poway.
Poway is one of San Diego County's most expensive suburban markets. Homes here routinely push past conforming loan limits.
The 2026 conforming limit for San Diego County is $832,750. Anything above that requires a jumbo loan.
Jumbo lenders set stricter standards than conforming programs. Expect a minimum 700 credit score — many lenders want 720 or higher.
Jumbo loans don't go through Fannie Mae or Freddie Mac. Each lender holds them on their own books and sets their own rules.
That means pricing and guidelines vary dramatically. One lender might top out at $2M. Another will go to $5M with the right profile.
We run Poway jumbo files through 200+ wholesale lenders. The rate spread between lenders on a $1.5M loan can be 0.5% or more.
Rates vary by borrower profile and market conditions. Your asset picture matters as much as your income on a jumbo file.
Some Poway buyers use two conforming loans instead of one jumbo — called a piggyback structure. It sometimes lowers the overall rate.
ARMs are popular with jumbo borrowers. A 7/1 ARM can price 0.5–0.75% below a 30-year fixed. That's real money on a $1.5M loan.
Poway sits in a high-demand corridor between Escondido and Miramar. Strong school districts push prices into jumbo range fast.
Larger lot sizes and custom builds are common here. Appraisals on unique properties can challenge jumbo underwriting — plan for it.
Most jumbo lenders require 10–20% down. Some allow 10% with strong credit and reserves, but 20% avoids PMI entirely.
Yes, but expect 2 years of tax returns and possibly a CPA letter. Some lenders use bank statements instead of tax returns.
Often yes — underwriting is more manual. Budget 30–45 days, and have your documents ready before you go under contract.
Not always. Strong borrowers with large down payments sometimes qualify for jumbo rates close to or below conforming. Rates vary by borrower profile and market conditions.
Lenders in our network go from $806,501 up to $5M or more depending on property type and borrower strength.
It depends on your timeline. If you expect to sell or refinance within 7–10 years, a jumbo ARM often saves significant money.