Loan program
Jumbo loans
Financing for homes that exceed conforming loan limits.
Who it may be for
Buyers purchasing higher-priced homes or refinancing large loan balances.
Key benefits
- ✓Loan amounts above conforming limits
- ✓Fixed and adjustable-rate options
- ✓Can finance luxury or multi-unit properties
- ✓Competitive rates for qualified buyers
Important considerations
- ·Higher credit and reserve requirements
- ·Larger down payment often required
- ·More detailed documentation
FAQ
Common questions.
What is the conforming loan limit in Utah?+
Conforming limits are set annually by county. We’ll tell you the current limit for your area and whether a jumbo loan is needed.
Do jumbo loans require 20% down?+
Not always. Some jumbo programs allow 10% down, but requirements vary by lender and borrower profile.