Question 1

What loan amount triggers jumbo in Sonoma County?

Accepted Answer

Any loan above the FHFA conforming limit for Sonoma County requires a jumbo loan. Check current limits before assuming — they adjust annually.

Question 2

Do jumbo loans require a bigger down payment?

Accepted Answer

Most jumbo lenders want 10–20% down. Some go as low as 10% with strong credit and reserves, but 20% is the standard benchmark.

Question 3

Can I get a jumbo loan if I'm self-employed?

Accepted Answer

Yes, but expect tighter scrutiny. Lenders want two years of tax returns and may average your income — write-offs work against you here.

Question 4

Are jumbo rates higher than conforming rates?

Accepted Answer

Often yes, but the gap has narrowed. Rates vary by borrower profile and market conditions — strong credit and reserves close that gap fast.

Question 5

How much cash in reserves do jumbo lenders require?

Accepted Answer

Most want 12 months of principal, interest, taxes, and insurance in liquid reserves. Some lenders accept retirement accounts at a discount.

Question 6

Is a jumbo ARM a good fit for Rohnert Park buyers?

Accepted Answer

It depends on your timeline. If you expect to sell or refinance within seven years, a 7/1 ARM can save real money on a jumbo balance.

Jumbo Loans in Rohnert Park, CA