Above Conforming Limits
Financing for Texas luxury homes and properties above the $806,500 conforming limit.
Multiple Programs
Fixed and adjustable-rate options, various term lengths, and lender flexibility.
Access to 240+ Lenders
Ken Harmon has access to a wide network of jumbo lenders to find competitive terms.
About Jumbo Loans in Texas
Jumbo loans are mortgages that exceed the conforming loan limits established annually by the Federal Housing Finance Agency. Because they can't be sold to Fannie Mae or Freddie Mac, jumbo loans carry distinct underwriting requirements.
If you're purchasing a high-value Texas home in markets like Austin, Houston, Dallas, or suburban luxury corridors, a jumbo loan may be necessary. Ken Harmon works with multiple jumbo lenders to find the best available program for qualified borrowers.
Frequently Asked Questions
What is a jumbo loan?
A jumbo loan is a mortgage that exceeds conforming loan limits set by the FHFA. For most Texas counties in 2025, any loan above $806,500 is considered a jumbo loan and follows different guidelines than conforming mortgages.
What credit score is needed for a jumbo loan?
Jumbo loan requirements are set by individual lenders, but typically require strong credit — often 700 or higher. Reserves, income documentation, and down payment requirements are generally more stringent than conforming loans.
How much down payment is required for a jumbo loan?
Jumbo down payment requirements vary by lender and loan amount. Common requirements range from 10% to 20% or more. Cash reserves after closing are also typically required.
Do jumbo loans have higher rates?
Jumbo loan rates may be higher than conforming loan rates, though they can sometimes be competitive depending on market conditions, lender, and borrower profile. Rates are subject to change and vary by program.
Estimate Your Payment
Estimated Monthly Payment
$2,206.58/mo
Principal & Interest
$1,706.58
Taxes
$400.00
Insurance
$100.00
Loan amount: $270,000 · This is an estimate only. Actual payments depend on program, lender, mortgage insurance, HOA, and underwriting. Not a commitment to lend.
Ready to Finance Your Texas Dream Home?
Apply online through our secure Loan Factory portal, or call Ken directly for a personal consultation. There's no obligation for a pre-qualification review.
Applications processed securely through Loan Factory, Inc. NMLS #320841 · Ken Harmon NMLS #921561
Important Disclosures
Programs, rates, terms, and conditions are subject to change without notice and are subject to credit and underwriting approval. Not all applicants will qualify. Loan amounts, interest rates, and program availability may vary based on individual circumstances, lender guidelines, and current market conditions. This is not a commitment to lend.
Ken Harmon, NMLS #921561. Loan Factory, Inc. NMLS #320841. Licensed to originate mortgage loans in the State of Texas. Verify licensing at nmlsconsumeraccess.org.
Equal Housing Opportunity.