Finance high-value homes and luxury properties in Florida with jumbo mortgage loans and expert guidance from Louis Doherty. We’ll walk you through how a jumbo loan works when your purchase exceeds conventional conforming loans limits, including expected closing costs and potential higher interest rates for Boca Raton, Miami, and Palm Beach buyers.
Properties exceeding these conforming loan limits require jumbo financing. Conforming limits are tied to what the government sponsored enterprises—Fannie Mae and Freddie Mac (Fannie Mae or Freddie)—will purchase, and are published by the Federal Housing Finance Agency (finance agency FHFA). If a loan is above the Fannie Mae or Freddie Mac threshold (sometimes called the Mae or Freddie Mac limit), it becomes jumbo.
Standard conforming loan limit for most areas in Florida including Tampa, Orlando, and Jacksonville metro areas.
Miami-Dade, Broward, Palm Beach, Monroe (Keys), and other high-value coastal markets.
Portfolio lending solutions for ultra-luxury properties and estates exceeding $2 million.
Competitive rates and flexible terms for high-value property financing.
Jumbo loans often offer rates comparable to conforming options, but depending on market conditions jumbo mortgage loans can carry higher interest rates than conventional conforming loans because they aren’t eligible for sale to Fannie Mae or Freddie Mac.
Jumbo loans typically don't require private mortgage insurance, saving you hundreds of dollars monthly.
Choose from 15, 20, or 30-year terms, with both fixed and adjustable rate options available.
Finance luxury properties up to $5 million or more with our portfolio lending solutions.
Financing solutions for all types of high-value Florida real estate.
Oceanfront, bayfront, and riverfront luxury properties with private docks and water access.
Premium properties on exclusive golf courses and country club communities throughout Florida.
High-rise condominiums and penthouses in Miami, Fort Lauderdale, and other prime locations.
Large luxury homes on expansive lots with premium amenities and custom features.
Exclusive island homes and private island estates in the Florida Keys and coastal areas.
Horse properties and equestrian estates with stables, pastures, and riding facilities.
Higher loan amounts require stronger financial qualifications and documentation.
700+ typically required
Higher scores (740+) often qualify for the best rates and terms available.
10-20% minimum
Many lenders prefer 20% down, though some programs allow 10% for qualified borrowers.
43% or lower DTI
Lower ratios preferred for larger loan amounts and better rates.
2-6 months payments
Liquid assets to cover mortgage payments, taxes, and insurance.
Full income verification
Tax returns, pay stubs, bank statements, and asset documentation required.
2+ years stable income
Consistent employment or business income history preferred.
Get expert guidance from a trusted Florida specialist—whether you’re comparing lenders that offer jumbo loans or reviewing your terms, closing costs, and next steps for a luxury purchase.