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Jumbo Loans

Jumbo loans are designed for high-value properties that exceed conforming loan limits set by the Federal Housing Finance Agency. They provide financing for luxury homes and premium real estate with competitive rates for well-qualified borrowers.

Jumbo Loans in Florida — Financing Luxury & High-Value Homes

Jumbo loans provide financing above Florida's conforming loan limit of $766,550 for 2026. If you're purchasing a luxury home, waterfront property, or high-value real estate in Orlando, Winter Park, Dr. Phillips, or Windermere, a jumbo loan is your path to ownership.

Requirements at a Glance

Credit Score700+ (720+ preferred for best rates)
Down Payment10-20% minimum
DTI RatioUnder 43%
Reserves6-12 months of mortgage payments in liquid assets
Loan Amount$766,551+ (no upper limit at Beacon)
Income Documentation2 years W-2 or tax returns required
AppraisalFull appraisal required (sometimes two)

Key Benefits

  • Finance homes above $766,550 conforming limit
  • Competitive rates for qualified borrowers
  • No PMI required in many cases
  • Interest-only options available
  • Finance primary homes, second homes, and investment properties
  • Loan amounts up to $3M+ available

How to Apply — Step by Step

1

Pre-Qualification Review

We review assets, income, and credit to determine maximum purchase price.

2

Rate Lock

Jumbo rates can vary by lender — Beacon has relationships with 20+ jumbo investors.

3

Property Search

No upper limit on purchase price. We finance luxury properties throughout Central Florida.

4

Full Underwriting

More thorough than conforming — plan for 2 appraisals on purchases over $1.5M.

5

Close on Your Dream Home

Beacon handles jumbo closings in-house for speed and reliability.

Who Qualifies?

Jumbo loans in Florida are available to borrowers with 700+ credit scores, 10-20% down payment, 6-12 months of reserves, and a debt-to-income ratio under 43%. Self-employed borrowers can qualify with strong tax returns. Asset depletion can supplement income for retired borrowers.

Pro tip: Jumbo rates are sometimes LOWER than conforming rates because jumbo lenders compete aggressively for high-net-worth clients. Don't assume jumbo means expensive. Also — if you're buying in the $800K-$1M range, consider splitting into a conforming first + HELOC second to potentially get better combined terms.

Get Pre-Qualified for a Jumbo Loan

Pre-qualify in minutes. No credit check to start. No obligation.

Florida Market Insight

Florida's luxury real estate market, from waterfront estates to high-rise condominiums, often requires financing above conforming limits. Jumbo loans give buyers the purchasing power to secure premium properties in the state's most desirable neighborhoods.

Get Your Rate in 60 Seconds

Enter your phone — a loan officer calls you back with your personalized quote.

No credit check. No obligation. We call within 1 hour during business hours.

Jumbo Loans Payment Calculator

Estimated Monthly Payment

$1,816.07

Loan amount: $280,000 · 30-year term at 6.75%

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Frequently Asked Questions

What is a Jumbo loan?
Jumbo loans are designed for high-value properties that exceed conforming loan limits set by the Federal Housing Finance Agency. They provide financing for luxury homes and premium real estate with competitive rates for well-qualified borrowers.
How do I qualify for a Jumbo loan in Florida?
Qualification depends on credit score, income, debt-to-income ratio, and the specific Jumbo program requirements. Contact Beacon Mortgage for a free pre-qualification with no impact to your credit score.
What is the Florida market like for Jumbo Loans?
Florida's luxury real estate market, from waterfront estates to high-rise condominiums, often requires financing above conforming limits. Jumbo loans give buyers the purchasing power to secure premium properties in the state's most desirable neighborhoods.
Where does Beacon Mortgage offer Jumbo Loans?
Beacon Mortgage offers Jumbo Loans in Orlando, Miami, Tampa, Jacksonville, Fort Lauderdale, Winter Garden, and 25+ additional Florida cities. Click any city below to see local market data.
Apply for a Jumbo Loan