Today's Jumbo Loan Rates

Jumbo Mortgage Loans in California

California jumbo loans are loans that exceed the limits set by the Federal Housing Finance Agency (FHA). They’re also called jumbo mortgages. Jumbo mortgages in California exist to fund luxury properties or homes in very competitive local real estate areas. As such, they have specific underwriting requirements and paperwork involved.

When Do You Need a California Jumbo Loan?

The value of jumbo loans varies from state to state and even from county to county. In California, a jumbo loan is for home loans that exceed $822,375. If you’re interested in buying a home that costs more than this, and don’t have that much money in your bank account, you’ll want to look into getting a jumbo loan. Since the Great Recession and the real estate housing bubble of 2008, requirements for a jumbo loan have become more rigorous. However, with the right mortgage loan company on your side, the process is still just as easy.

How Do You Get the Best Deal on a Jumbo Loan?

In order to get the best deal on a jumbo loan, you’ll want to be sure you have an excellent credit score as well as a low debt-to-income ratio. The average APR for jumbo loans is on par with conventional mortgages, so knowing this should bring you some peace of mind with regard to the costs over time.

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Client Reviews

LBC Team went above and beyond to help us buy our new home! They were available for all of our questions, were prompt in their replies to us, and guided us...
Julia T.
Julia T.
08:40 22 Aug 21
Excellent team of great professionals! Superb customer service! They have successfully handled our purchase and refinance in a very short period of time,...
Elina L.
Elina L.
11:12 30 Jun 21
It is hard to describe how scary we were when decided to buy a house. We had no knowledge of the processing, prices, policies, calculations… When our agent referred us to Alex Shekhtam, from the first phone consultation we felt to be just in right hands. We are so blessed to have LBC Mortgage team! Our first house was purchased just because of these hardworking, reliable, efficient, responsive professionals! Recently we were able to refinance our house on good conditions, again, just because of them! Easy processing paperwork, knowledgeable advisors, pleasant communication make you feel special. We are so grateful to all and everyone from LBC Mortgage for making our dreams true!!!!
Lora Kochetkova
Lora Kochetkova
03:44 29 Jun 21
LBC Team is now our Number One Team! Their service was impeccable! We really appreciated the detailed explanations and daily reminders throughout the whole...
Galina S.
Galina S.
13:34 29 Mar 21
We were able to close on our first home even with a strict budget, and I credit it all to Alex and the staff at LBC Mortgage. We couldn’t have done it without you. Thank you so much!
Roger Billon
Roger Billon
06:07 25 Mar 21
Alex and his team were very attentive to our needs. We had some very specific criteria when looking for a home, and most mortgage companies, especially banks, were not even willing to listen to us -- but the team at LBC Mortgage was. They kept everything moving and were happy to answer our questions. We never felt like a burden to them, and that’s how customer service should be.
Kaylani paliotta
Kaylani paliotta
05:51 25 Mar 21
This was one of the last steps I needed to do in order to close on a home, and I had been putting it off because I had assumed it was a complicated and cumbersome process. I could not have been more wrong. Alex and everyone at LBC Mortgage made the process really simple and straightforward. Excellent company with people that really care about you.
Charles W
Charles W
06:52 23 Mar 21
If you are shopping online for mortgage or refinance, look no further. Seamless process and good communication. I am pleased with their fast response. They kept me updated with each phase of a process. Thank you LBC Mortgage.
Christiane BABINOT
Christiane BABINOT
07:40 03 Mar 21
People often ask me who I use for my own mortgages and refinances. Every time I recommend LBC Mortgage. They’re always working hard to stay one step ahead of the competition. To me, they’re more like family than my mortgage company. I’ve just closed my third deal with them and I can’t wait to see what the future holds.
Ahndray Hamilton
Ahndray Hamilton
09:06 18 Feb 21

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Working with a Company that Specializes in Jumbo Loans

Here at LBC Mortgage, we understand the unique needs of borrowers who are looking to take out jumbo loans to buy the home or property of their dreams. We also understand that jumbo loans come with their own unique set of circumstances and regulations.
Fortunately, as the California jumbo loan specialists, we’re prepared to work with you to help you get the best possible deal. Our network of established, reputable and reliable lenders have worked with many high earners and are experienced in accommodating your needs as well as understanding your goals for your new home or property.

Why Choose LBC Mortgage?

We’ll take the time to answer any questions you may have, as well as look into other loan options beyond jumbo loans to help get you the maximum savings possible. There are a variety of home loans out there, some of which are guaranteed by Fannie Mae and Freddie Mac, and others, like jumbo loans, which are not. It’s important to weigh the pros and cons of the different types of mortgage loans to help you figure out which one works best in your favor while helping you reach your goals.

And that’s exactly what we’re here for! Contact us today and let our responsible, friendly California jumbo loan experts help demystify the whole jumbo mortgage process for you. We’ll work hard to earn your business, comparing deals, long-term costs, tax liabilities and more so that you can save both time and money while enjoying all of the beauty and splendor that your new luxury home has to offer.

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