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Sunnyvale sits in the heart of Silicon Valley. Most homes here blow past the conforming loan limit without trying.
That means most buyers in this market need a jumbo loan. It's not a niche product here — it's the standard.
700 (740+ preferred)
Min Credit Score
$832,750
Conforming Limit
10–20%
Min Down Payment
6–12 months
Cash Reserves Required
43–45%
Max DTI (typical)
Jumbo Loans in Sunnyvale
Jumbo lenders want a 700+ credit score at minimum. Many of the best pricing tiers start at 740 or above.
Expect to document everything. Two years of tax returns, W-2s or 1099s, and 12 months of asset statements are standard.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in Sunnyvale.
Sunnyvale sits in the heart of Silicon Valley. Most homes here blow past the conforming loan limit without trying.
That means most buyers in this market need a jumbo loan. It's not a niche product here — it's the standard.
Jumbo lenders want a 700+ credit score at minimum. Many of the best pricing tiers start at 740 or above.
Not every lender handles jumbo well. Big banks quote jumbo but move slowly and layer on overlays that kill deals.
We work with 200+ wholesale lenders. Several specialize in jumbo for high-income W-2 and self-employed borrowers in the Bay Area.
RSUs and bonuses complicate jumbo income calculations. Lenders treat them differently — some average two years, others discount them.
If you're a tech employee with heavy equity comp, bring your offer letter and vesting schedule. It changes your qualifying income significantly.
A conforming loan stops at $832,750. Above that, you're in jumbo territory with different rules and pricing.
ARMs are worth comparing on jumbo. A 7/1 ARM can meaningfully cut your rate versus a 30-year fixed on a $1.5M loan. Rates vary by borrower profile and market conditions.
Sunnyvale's proximity to Apple, Google, and LinkedIn means buyers often have complex income structures. Jumbo underwriting needs to match that reality.
Multiple-offer situations are common here. A fully underwritten pre-approval — not just a pre-qual — is what listing agents want to see.
The 2026 conforming limit is $1,249,125. Any loan above that is jumbo and requires private lender guidelines.
Yes, but lenders treat it differently. Most want a two-year history and continued vesting to count it.
Most lenders require 10–20% down. Some allow 10% down with strong credit and reserves.
Not always. On larger loan amounts, jumbo rates can be competitive with conforming. Rates vary by borrower profile and market conditions.
Jumbo loans don't use PMI. Lenders manage risk through higher down payments and stricter credit requirements instead.
Yes. You'll need two years of tax returns and strong net income. Some lenders use bank statements as an alternative.