A Florida Jumbo loan is a mortgage loan amount above conventional conforming loan limits. In most of Florida, this limit is $806,500 – some locations in South FL (Monroe County, Key West) are even higher. This standard is set by the two governmental-backed enterprises Fannie Mae and Freddie Mac and sets the limit on the maximum value of an individual mortgage they will purchase from a lender.
When Freddie Mac and Fannie Mae max loan limits don’t cover the full amount, it is commonly known as a “jumbo loan”. The current jumbo mortgage starts at loan amounts greater than $806,500.
The average interest rates on jumbo mortgages are typically higher than for conforming mortgages. Why is this? Florida Jumbo loans are typically considered higher-risk mortgages, which account for the higher interest rates. This is because if a jumbo mortgage loan defaults, it may be harder to sell a luxury residence versus a standard priced house.
Luxury properties are more vulnerable to market highs and lows. This is one of the main reasons most banks and lenders prefer to have a higher down payment from jumbo loan seekers.
At Five Stars, we offer some of the highest loan-to-value (LTV) Jumbo loans available in Florida. So If you are a home buyer looking for the lowest down payment Jumbo loan, at the lowest interest rate, be sure to contact us. We are available to assist you 7 days a week. For quick service, please submit the “Request Contact” form at the top of your screen. Please also be sure to call ph: 888-705-1975 and visit the loan programs page for the latest jumbo mortgage info.
Below we have listed the most recent 2025 Jumbo loan LTV / Credit requirements. Full Documentation, Primary & Vacation homes only: Please see the video below for additional information.
- 95% LTV – up to $1,750,000 with 700 credit score. 1st and 2nd combo loan. Or choose from a single loan option. Both options have no PMI. *740 credit score required for loans amounts $1.5m-$1.75m
- 90% LTV – up to $2,000,000 with 720+ credit score.
- 85% LTV – up to $3,500,000 with 720+ credit score.
Contact us to learn about Adjustable Rate Mortgage terms (ARM) or vacation/ second home Jumbo requirements. Also, be sure to learn more about the Jumbo rate-term and cash-out refinance options.
Serving Florida, including Collier, Monroe, Palm Beach, Dade, Broward County: West Palm Beach, Miami, Key West, Coral Gables, Boca Raton, Boynton Beach, Delray Beach, Naples, Marco, Tampa, Orlando, Jacksonville