Specialty & Investor

Jumbo Loans in Florida

Designed for higher-value home purchases that exceed standard conforming loan limits — competitive rates with the right lender match.

Jumbo Loans

Higher-value purchases above conforming limits.

What it is

Understanding Jumbo Loans

Jumbo loans are mortgages that exceed the conforming loan limits set by Fannie Mae and Freddie Mac. In most of Florida, that limit is $806,500 for a single-family home (2026). Anything above that is a jumbo loan and falls under different underwriting standards — usually with stricter credit, income, and reserve requirements.

Andrew Kashella's lender network includes specialty jumbo lenders who price competitively for high-net-worth borrowers, executives, doctors, and luxury-home buyers across Pinellas County, Greater Tampa, and the Florida coastline.

Who it's for

Is a Jumbo Loan Loan Right for You?

A few signs this program might be a strong fit. Even if you don't see yourself in this list, reach out — Andrew works with over 100 lenders and there's likely an option that fits.

  • Buyers purchasing homes above $806,500 in most of Florida
  • Luxury and waterfront property buyers in Tampa Bay, Sarasota, Naples, etc.
  • High-income executives, business owners, professionals
  • Buyers with strong credit (typically 700+) and significant reserves
  • Borrowers comparing jumbo to portfolio loans for unique scenarios
  • Investors purchasing high-value primary residences

Key Features

What Makes Jumbo Loans Unique

High Loan Amounts

Loans above $806,500 in most of Florida — into the multi-millions.

Competitive Rates

Strong credit and reserves often unlock rates competitive with conventional.

Strict Underwriting

Typically 700+ credit, 6–12 months reserves, full income documentation.

10% Down Available

Many jumbo programs allow 10% down up to $2M (with PMI or piggyback).

Doctor & Pro Programs

Specialty programs for physicians, attorneys, and other licensed professionals.

Primary, Second, Investment

Available for primary residences, second homes, and (some) investment property.

Frequently Asked

Jumbo Loans Questions

What's the conforming loan limit in Florida?

$806,500 for a 1-unit home in most counties (2026). Anything above is a jumbo loan. The limit increases for 2–4 unit properties.

How much down payment do I need on a jumbo loan?

10–20% is common, depending on loan size and lender. Some programs go down to 5% on smaller jumbos with strong credit. Above $2M typically requires 20%+ down.

Are jumbo rates higher than conforming rates?

Sometimes the same, sometimes higher, occasionally lower — it varies by lender. Specialty jumbo lenders often price competitively to win business from high-quality borrowers.

Can I use a jumbo loan for an investment property?

Yes, but expect higher rates, larger reserves, and tighter LTV (often 65–75% max).

Ready to Explore Jumbo Loans?

Andrew Kashella is here to help you compare options, understand the numbers, and figure out if this program is the right fit for your situation.

Andrew Kashella — NMLS #139171  |  Innovative Mortgage Services, Inc. — NMLS #250769

Loan programs are subject to borrower qualification, credit approval, and property eligibility. Not all applicants will qualify. Additional terms and conditions may apply. Interest rates and loan programs are subject to change without notice. This is not a commitment to lend or extend credit.