• Tel: (651) 552-3681
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    NMLS 274132

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  • Any home mortgage home loan in Wisconsin, Minnesota, Iowa, North Dakota, or South Dakota that will be over the current conforming loan limit of $510,400 is considered a Jumbo Mortgage Loan. The limit may be higher in other states

    This really means that it no longer fits the acceptable loan limits for a Fannie Mae or Freddie Mac conventional loan program, and are also known as non-conforming loans.

    This also means the guidelines change for these large loans.  The two biggest changes over a conforming loan is:

    • Jumbo loans have larger down payment requirements
    • Stricter credit, and credit score requirements.
    • Interest rates are different from non-jumbo loans.


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