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Davis is a UC Davis college town with a tight housing supply and strong long-term price support. Premium properties here routinely exceed conforming loan limits.
Yolo County's conforming limit caps what Fannie and Freddie will back. Anything above that threshold requires a jumbo loan.
700 (most lenders)
Min Credit Score
10–20% typical
Down Payment
12–24 months
Reserves Required
2 years required
Income History
Fixed or ARM
Rate Type
Jumbo Loans in Davis
Most jumbo lenders want a 700+ credit score. Some go to 680, but you'll pay for it in rate. Get your score up before you apply.
Expect to document 12–24 months of reserves. Lenders want proof you can carry the payment if income dips.
Local decision guide
Use this guide to connect jumbo loans eligibility, lender expectations, and local market factors before comparing payment options in Davis.
Davis is a UC Davis college town with a tight housing supply and strong long-term price support. Premium properties here routinely exceed conforming loan limits.
Yolo County's conforming limit caps what Fannie and Freddie will back. Anything above that threshold requires a jumbo loan.
Most jumbo lenders want a 700+ credit score. Some go to 680, but you'll pay for it in rate. Get your score up before you apply.
Jumbo loans don't go through Fannie or Freddie. Each lender sets its own rules — and those rules vary more than most borrowers expect.
We shop your file across 200+ wholesale lenders. One lender might cap at 80% LTV while another goes to 90%. That difference is your down payment.
Davis buyers often include faculty, biotech professionals, and equity-rich move-up buyers. Jumbo lenders love that borrower profile when docs are clean.
Self-employed borrowers hit the most friction on jumbo. Two years of tax returns showing strong net income — not gross revenue — is what closes deals.
If your loan stays at or below the conforming limit, a conventional loan will usually beat jumbo on rate and reserve requirements. Know your number before choosing.
ARMs pair well with jumbo in Davis. A 7/1 or 10/1 ARM can cut your rate meaningfully — smart if you're not planning a 30-year hold.
Davis has a walkable downtown, limited land for new development, and consistent buyer demand tied to the university. That combination keeps prices elevated.
Yolo County appraisals on jumbo deals require careful comp selection. Davis doesn't have deep luxury sales volume — appraisers have to work harder here.
Most lenders require 700 or higher. A score below that doesn't disqualify you, but expect fewer options and higher rates.
Ten to twenty percent is typical. Some lenders go to 10% down with strong reserves and a high credit score.
Yes, but jumbo lenders are strict about documentation. Expect to show two years of reported rental income on tax returns.
Not always. Jumbo and conforming rates are close right now. Rates vary by borrower profile and market conditions.
Yes. Tight supply and strong university-driven demand push many Davis properties above conforming loan limits.
Yes, but it's harder. Lenders use net income from two years of tax returns — not bank deposits or gross revenue.