Financing for high-end homes that exceed conforming loan limits in Colorado!

If you’re shopping for a home that requires a larger loan amount than conventional loan limits allow, a Colorado Jumbo Home Loan may be your best option. Jumbo loans are used when you need to borrow more than the conforming limit set by Fannie Mae and Freddie Mac, which is currently $806,500 in most Colorado counties*. In high-cost counties like Boulder, Denver Metro area (Arapahoe, Adams, Jefferson, Denver, Douglas, Broomfield), or Eagle, that limit is even higher. The conventional loan limit in the Denver Metro area is $833,750 in 2025.

Check out some of the most common Jumbo Loan FAQs here.

Jumbo guidelines vary by lender, so it’s important to work with someone who understands the fine print. We work with jumbo home buyers across Centennial, Denver, Castle Pines, and other luxury Colorado markets every day.

Features of Colorado Jumbo Home Loans

  • Loan amounts above $806,500 (may vary by county—check the Fannie Mae Loan Limit Map)
  • Fixed or adjustable rate options available
  • Down payments as low as 10%, though better terms are available with more down
  • Flexible loan terms, including 15, 20, or 30-year fixed, and ARMs with up to 10-year fixed periods
  • Competitive rates, sometimes even better than conforming loans

Do jumbo home loans have stricter guidelines?

Yes—qualifying for a jumbo mortgage generally requires:

– A higher credit score than conventional loans
– A larger down payment—typically 20% or more for best terms
– Full income documentation (W2s, tax returns, or both)
– Low debt-to-income ratios, often capped at 41–43%, though some go to 50%
– Consideration of combined loan-to-value if you’re using a 2nd mortgage or HELOC

Some jumbo programs allow for interest-only options or extended ARM terms. Not all lenders offer these programs, so working with a jumbo specialist makes all the difference.

We work with jumbo buyers across Colorado, especially in high-end markets like Greenwood Village, Highlands Ranch, Parker, Castle Rock, and Lone Tree. Whether you’re upgrading, relocating, or investing in luxury property, we’re here to help you explore the best financing options available.

Call or text us at 303-670-0137, email us at rbaxter@choicemortgage.com, or fill out our quote form to learn what rates and options are available for your jumbo loan scenario.

*Loan limits and guidelines current as of May 2025
For current conforming limits, visit: FHFA Loan Limits

Jumbo Loan FAQs

A Jumbo loan is a mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac, typically used for financing higher-priced properties. These loans are not backed by government-sponsored enterprises and are therefore considered non-conforming.

Jumbo loans typically require a larger down payment than conforming loans, often ranging from 10% to 20% or more, depending on the loan amount and lender. A higher down payment can sometimes help secure better interest rates and terms.

Lenders generally require a higher credit score for Jumbo loans, typically 700 or above, due to the increased risk associated with larger loan amounts. A very strong credit history is crucial for qualification.

Yes, Jumbo loans typically have stricter qualification requirements than conventional conforming loans. Lenders usually look for higher credit scores, lower debt-to-income ratios, and more substantial financial reserves.

Historically, Jumbo loans could have higher interest rates than conforming loans due to their increased risk, but this is not always the case. Their rates are often very competitive, and sometimes even lower, especially for well-qualified borrowers with substantial down payments.

While specific property types aren't unique to Colorado, Jumbo loans are for high-value properties and may require multiple appraisals to confirm the home's value. The property must be in an area where its value can robustly support the higher loan amount.