Jumbo Home Loans

for high-value homes


Jumbo home loans are the way to finance a purchase with a value above federal standards. The conventional conforming loan limit is $484,350. For a home with a purchase price above this limit, a jumbo loan is needed.

It’s true that a jumbo home loan might be the route to go if you were trying to buy a castle, but in some areas with high housing costs a jumbo loan might be needed to purchase a relatively modest house. Elite Mortgage can help the whole spectrum of these customers.


General Loan Limits for 2019

The general loan limits for 2019 has increased and apply to loans delivered to Fannie Mae in 2019 (even if originated prior to 1/1/2019).
Refer to Lender Letter LL-2018-05 for specific requirements.

Maximum Loan Amount for 2019

UnitsContiguous States, District of Columbia, and Puerto RicoAlaska, Guam, Hawaii, and the U.S. Virgin Islands

Maximum Loan Amount for High-Cost Areas for 2019

+A number of states (including Alaska and Hawaii), Guam, Puerto Rico, and the U.S. Virigin Islands do not have any high-cost areas in 2019.

UnitsContiguous States, District of Columbia+Alaska, Guam, Hawaii, and the U.S. Virgin Islands
1$726,525Not Applicable
2$930,300Not Applicable
3$1,124,475Not Applicable
4$1,397,400Not Applicable

2019 Loan Limits Overview

  • Loan limits increased for all but 47 counties across the country, including Alaska, Hawaii, Guam, and the U.S. Virgin Islands.
  • In those 47 counties, the limits remained unchanged.
  • Loan limits did not decrease anywhere in the US and its territories.



Using a jumbo home loan allows you to avoid making an enormous down payment to reduce your balance to a conforming level. While a higher interest rate usually comes along, the convenience is worth it.

To learn more about jumbo home loans, please contact a Elite Mortgage experts. Our team is at your disposal.

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