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Corning is a small Tehama County town, but high-value properties still exist here. Ranches, agricultural estates, and larger parcels can push purchase prices past conforming limits.
Jumbo loans kick in when your loan amount exceeds the FHFA conforming limit. In most California counties, that threshold sits above $800,000 — including Tehama County.
700+
Min Credit Score
Above Conforming Limit
Loan Type
12 Months Typical
Reserves Required
Fixed or ARM
Rate Type
Longer Than Conventional
File Timeline
Jumbo Loans in Corning
Jumbo lenders set stricter standards than conventional loans. Expect to need a 700+ credit score, 12 months of reserves, and full income documentation.
Debt-to-income ratio matters more here. Most jumbo lenders cap DTI at 43%. Some go lower depending on the loan size and property type.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in Corning.
Corning is a small Tehama County town, but high-value properties still exist here. Ranches, agricultural estates, and larger parcels can push purchase prices past conforming limits.
Jumbo loans kick in when your loan amount exceeds the FHFA conforming limit. In most California counties, that threshold sits above $800,000 — including Tehama County.
Jumbo lenders set stricter standards than conventional loans. Expect to need a 700+ credit score, 12 months of reserves, and full income documentation.
Most retail banks offer jumbo loans, but their guidelines are rigid. We work with 200+ wholesale lenders — many with flexible jumbo programs banks won't show you.
Wholesale jumbo pricing often beats what you'd get walking into a branch. Rate variance between lenders on a jumbo loan can be significant. Rates vary by borrower profile and market conditions.
Jumbo loans on rural or agricultural properties in Tehama County need special attention. Lenders scrutinize acreage, income-producing land use, and property type closely.
Get your financials tight before applying. Two years of tax returns, recent bank statements, and a clean appraisal are non-negotiable on jumbo deals.
If your loan amount falls below the conforming limit, a conventional loan will get you better pricing and easier approval. Don't use a jumbo if you don't have to.
ARMs are worth considering on jumbo loans. A 7/1 ARM can cut your rate meaningfully versus a 30-year fixed — especially if you plan to sell or refinance within 10 years.
Corning's identity is tied to olive agriculture and rural land. Properties with active farm income or large acreage require lenders experienced with rural collateral.
Not every jumbo lender will touch Tehama County. It's a smaller, rural market — some lenders have geographic restrictions. We know which ones will move on deals here.
Tehama County follows the FHFA standard conforming limit. Any loan above that limit requires jumbo financing.
Yes, but lender options narrow significantly. We specifically source lenders who handle rural and ag-adjacent collateral in Tehama County.
Most jumbo lenders require 700 or higher. Some programs for larger loan amounts push that to 720 or 740.
Typically 12 months of mortgage payments in verified reserves. Some lenders require more based on loan size.
Not always. Jumbo and conforming rates have converged at times. Rates vary by borrower profile and market conditions.
Depends on your timeline. If you plan to hold the property long-term, a fixed rate gives stability. ARMs work if your horizon is shorter.