Jumbo Home Loans

Use a jumbo loan to purchase your high-price home and get an edge when shopping in a competitive market.

Buy or build the luxury home of your dreams

If your dream home comes with a premium price tag, a conventional mortgage may not be enough to finance it. A jumbo mortgage can provide up to $1.5 million in funding, helping you enjoy luxury living or make an offer in an aggressive market. 

Competitive, low rates

AmeriSave offers fixed-rate terms for 15- and 30-year mortgages and flexible five, seven, and 10-year adjustable-rate mortgages (ARMs) for maximum flexibility. 

Single loan for high-value homes

High-value properties require additional financing because the Federal Housing Finance Agency (FHFA) maximum conventional loan limit is $806,500 in most areas. Jumbo loans provide the extra funds needed to buy a home above the limit.  

Loans up to $1.5 million

Shop for homes that would be out of reach with a traditional conforming loan. This option is great for home buyers in competitive, high-cost markets or those searching for luxury properties. 

Why choose an AmeriSave jumbo loan?

With a jumbo mortgage from AmeriSave, you can dream bigger for your dream home. Our Mortgage Experts help you find a rate and term that matches your budget and finance your new build or luxury home purchase with a single loan. With a Certified Approval letter in hand, you can put a confident offer on the table while shopping in a high-cost market. 

Streamlined application process

Our digital-first experience lets you apply online and get prequalified in minutes. 

Competitive, transparent rates

Get competitive jumbo loan rates with no surprises—maximizing your buying power and long-term savings. 

Expert guidance

AmeriSave’s Loan Experts help you check off any additional requirements for jumbo loans. 

Certified approval

With a Certified Approval letter, you can make offers with the confidence of a cash buyer. 

Your path to a jumbo home loan

1 Confirm your property requires a jumbo loan

If you need to borrow more than the FHFA maximum of $806,500, you’ll want to consider a jumbo home loan. 

2 Check your eligibility

Jumbo loans have more firm requirements than traditional mortgage loan options. Lenders often require a credit score above 660, a minimum down payment of 20%, and reserve funds for future mortgage payments. 

3 Prep and submit the application

Collect the necessary documents to verify your income, cash reserves, and other criteria. Next, you’ll submit all your information online and AmeriSave will begin processing your loan. 

4 Confirm the home’s value

AmeriSave will order a home appraisal and often an inspection to confirm your property meets the required standards and supports your jumbo loan amount. 

5 Close on your loan

Once everything’s approved, you’ll schedule your closing to review and sign your final loan documents. With keys in hand, you’re officially a homeowner. 

6 Manage your loan online

After closing, use the My AmeriSave Portal to manage payments, check your loan balance, and update account information—all in one place and at your convenience. 

Veron M. | Lawrenceville, GA

The process has been very quick and easy for a first timer like myself. Being able to provide things on-line via chat & email lets me handle things while taking care of other tasks.

Sprak | Charles Town

I cannot imagine an easier experience with anyone else. Everyone is friendly, helpful and simply caring. Love working with them.

Jason S | Elephant Butte, NM

Fantastic. Great company and staff. Professional and quick. The process from beginning to end was painless and speedy. Would recommend with 10 stars.
Read Our Reviews

Frequently Asked Questions

Most jumbo loans require a minimum credit score of 700. Some lenders may approve slightly lower scores from borrowers with other strong factors. A higher score often helps you qualify for better rates and terms. 

Jumbo loans often require a down payment of 20%, depending on your loan’s amount and credit profile. Putting down 20% or more may help you avoid paying private mortgage insurance (PMI) and secure a more competitive interest rate. 

Jumbo loans can be used for second homes or investment properties, but requirements are often stricter. You may need a higher credit score, larger down payment, and more cash reserves to qualify for this type of purchase.  

Jumbo loan rates can be slightly higher than conventional rates because they aren’t backed by government-sponsored entities. However, strong borrowers may still qualify for competitive rates. AmeriSave’s tools can help you determine the rate that fits your situation. 

Apply for your jumbo loan today with AmeriSave

Level up your buying power with a jumbo home loan. Apply online and get preapproved in minutes.  

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