Question 1

What's the minimum down payment for a jumbo loan in Los Altos?

Accepted Answer

Most jumbo lenders require 10-20% down. Some portfolio lenders offer 10% down with strong credit and reserves.

Question 2

Can I use RSU income to qualify for a jumbo loan?

Accepted Answer

Yes, but lender treatment varies. Some require a 2-year RSU history. Others need proof of continued vesting.

Question 3

How long does jumbo loan underwriting take?

Accepted Answer

Jumbo loans are manually underwritten and typically take 30-45 days. Strong documentation speeds things up considerably.

Question 4

Is a jumbo ARM a good idea for a Los Altos purchase?

Accepted Answer

If your holding period is under 10 years, a jumbo ARM often saves significant interest. Fixed is safer for long-term holds.

Question 5

Do jumbo loan rates vary much between lenders?

Accepted Answer

Yes — often by 0.25% to 0.50% or more. On a $2M loan that's thousands per year. Shopping lenders is essential.

Jumbo Loans in Los Altos, CA — Built for This Market