Question 1

What is the jumbo loan limit in Santa Clara County?

Accepted Answer

Jumbo loans start above the FHFA conforming limit, which changes annually. Any loan amount exceeding that cap requires jumbo financing.

Question 2

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

Accepted Answer

Yes, but lenders want to see a 2-year vesting history and continued grants. Not every lender handles RSU income well — lender selection matters.

Question 3

How much do I need to put down on a jumbo loan?

Accepted Answer

Most jumbo programs start at 10% down. Putting down 20% avoids mortgage insurance and usually gets better pricing.

Question 4

Are jumbo rates higher than conforming rates?

Accepted Answer

Not always. Jumbo and conforming rates have converged in recent years. Rates vary by borrower profile and market conditions.

Question 5

What credit score do I need for a jumbo loan in Mountain View?

Accepted Answer

Most lenders want 700 minimum. To access the best rates and highest loan amounts, aim for 720 or above.

Question 6

Can I get a jumbo ARM in Mountain View?

Accepted Answer

Yes. A 7/1 or 10/1 ARM is common on jumbo loans here. It works well if you plan to sell or refinance before the fixed period ends.

Jumbo Loans in Mountain View, CA