Question 1

What is the conforming loan limit in Santa Clara County?

Accepted Answer

Santa Clara County qualifies for high-balance conforming limits set by the FHFA. Any loan above that limit is jumbo and follows different guidelines.

Question 2

How much do I need down for a jumbo in Milpitas?

Accepted Answer

Most jumbo lenders require 10-20% down. At 20% down, you get the best pricing and avoid private mortgage insurance entirely.

Question 3

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

Accepted Answer

Some lenders count vested RSUs. Others require a two-year history of RSU income. Lender selection matters a lot for tech compensation structures.

Question 4

Are jumbo rates higher than conforming rates?

Accepted Answer

Not always. Jumbo rates sometimes match or beat conforming rates for strong borrower profiles. Rates vary by borrower profile and market conditions.

Question 5

How long does jumbo underwriting take?

Accepted Answer

Jumbo loans take longer than conforming — plan for 30-45 days. Complex income or large asset portfolios can push that further.

Question 6

Does SRK CAPITAL broker jumbo loans in Milpitas?

Accepted Answer

Yes. We shop jumbo programs across 200+ wholesale lenders to find the best fit for your income type, down payment, and timeline.

Jumbo Loans in Milpitas — Finance Beyond Conforming Limits