Jumbo Loan Program, Rates, and Requirements

If you're planning to purchase or refinance a high-priced home in Florida, Home Point Financial’s Jumbo Loan Program may be a good fit.

Jumbo loans are for Florida borrowers looking to buy or refinance a home that exceeds conforming loan limits (the limit on conforming loans is $424,100 in most areas of the country). Home Point Financial’s Jumbo program is a great way to buy a luxury home.

Home Point Financial offers a suite of Jumbo loan products for Florida home buyers – Premiere, Select and Choice. Through these three options, our customers are provided choices in structuring their loan based on eligibility. With each choice, flexibility with eligibility requirements are considered.

Jumbo Loan Requirements in Florida

Jumbo loan borrowers often have a lower debt-to-income ratio, a higher credit score, and a larger down payment. Home Point Financial offers three Jumbo Loan Programs in Florida:

Jumbo Premiere Program

  1. FICO credit score minimum: 680
  2. Finance up to $2 million
  3. Florida investment properties are eligible
  4. Max LTV/CLTV is 85%

Jumbo Select Program

  1. Additional eligibility flexibility over Premiere
  2. FICO credit score minimum: 700
  3. Finance up to $2.5 million for your Florida home
  4. Investment properties are eligible
  5. First-time home buyers are eligible
  6. Max LTV/CLTV is 85%

Jumbo Choice Program

  1. Additional eligibility flexibility over Premiere and Select options
  2. FICO credit score minimum: 661
  3. Finance up to $2.5 million
  4. Investment properties are eligible
  5. Non-warrantable condos are allowed
  6. Non-occupant co-borrowers are allowed
  7. Max LTV/CLTV is 90%

Jumbo Loan Terms

Our Florida Jumbo loan term options include:

  1. 10 Year Jumbo Loans
  2. 15 Year Jumbo Loans
  3. 20 Year Jumbo Loans
  4. 25 Year Jumbo Loans
  5. 30 Year Jumbo Loans
  6. Jumbo ARM Terms: 5, 7 and 10-year ARM options are also available in Florida

Apply For Your Florida Jumbo Loan

Home Point Financial is a licensed Florida lender offering robust Jumbo loan choices for home buyers. Contact Home Point Financial to learn more about these options!