Question 1

What is the jumbo loan limit in Stanislaus County?

Accepted Answer

The FHFA sets conforming limits annually. Any loan above that limit in Stanislaus County is considered jumbo. Check current limits before assuming your loan size requires jumbo.

Question 2

Can I get a jumbo loan with less than 20% down?

Accepted Answer

Some lenders allow 10% down on jumbo loans. Expect higher rates and stricter reserve requirements at lower down payments.

Question 3

Do jumbo loans take longer to close in Ceres?

Accepted Answer

They can. Fewer local comps slow appraisals, and jumbo underwriting is more manual. Budget 45–60 days on complex files.

Question 4

Are jumbo rates always higher than conforming rates?

Accepted Answer

Not always, but typically yes. The spread tightens when credit markets favor jumbo products. Rates vary by borrower profile and market conditions.

Question 5

What income documentation do jumbo lenders require?

Accepted Answer

W-2 borrowers need two years of tax returns and pay stubs. Self-employed borrowers face the same, plus lender analysis of business financials.

Question 6

Can a property with farmland qualify for a jumbo loan?

Accepted Answer

It depends on the lender. Some won't touch parcels with active agricultural use. Others handle it with the right appraisal support.

Jumbo Loans in Ceres, CA — When Conforming Limits Don't Cut It