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  5. Best Mortgage Lenders

Best Jumbo Loan Lenders

We compared 22 companies and chose the top lenders

  • AmeriSave Mortgage
    4.7(6,366)
  • Rocket Mortgage
    3.9(3,279)
  • ClearPath Lending
    4.6(1,786)
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By: Emily Moore
+1 more
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Edited by: Jon Bortin

Best Jumbo Loan Lenders

A jumbo loan is a type of nonconforming loan that gives homebuyers access to more money than government-backed loan programs offer. If you need to work with a lender equipped to handle higher loan limits, use our guide to research the best jumbo loan lender for you. 

Why trust ConsumerAffairs?
  • Our recommendations are based on what reviewers say.
  • 4,919,150 reviews on ConsumerAffairs are verified.
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  • We use intelligent software that helps us maintain the integrity of reviews.
  • Our moderators read all reviews to verify quality and helpfulness.

Our picks for top jumbo mortgage lenders

To select our top picks, we started with companies listed on this guide, then eliminated those with limited availability or an overall satisfaction rating below 3.5 stars. The ConsumerAffairs research team then analyzed recent verified review data to determine our recommendations for each of the top-rated lenders.

  1. Our pick for quick closings: AmeriSave Mortgage
  2. Our pick for jumbo refinancing: Rocket Mortgage
  3. Our pick for easy application process: ClearPath Lending
  4. Our pick for loan officers: North American Savings Bank
  5. Our pick for jumbo VA loans: Veterans United
  6. Our pick for personalized support: Cardinal Financial
Best for quick closings

AmeriSave Mortgage

AmeriSave Mortgage
4.7
6,366 reviews
Loan limit
Up to $1.5 million
Minimum credit score
700
Availability
Available nationwide
View Rates Read Reviews

AmeriSave is your best option if you want to close on your new property quickly. You can get approved for your loan in minutes, and the company enables you to sign all the necessary documents digitally.

AmeriSave offers jumbo loans up to $1.5 million for amounts above the conforming limits. There are 15- and 30-year loans, five- and seven-year fixed-rate loans and five-, seven- and 10-year adjustable-rate jumbo mortgages available.

The lender asks for a minimum credit score of 700 for jumbo loans and a down payment of 20%. It also requires nine months of reserves to cover principal, interest, taxes and insurance. In addition to quick closings, reviewers highlight low interest rates and ease of working with AmeriSave.

Pros
  • Customized rate quotes in minutes
  • Lock in rate for 90 days and shop homes
  • Loan officers available to answer questions via chat
  • Closing in as little as 25 days
Cons
  • Not available in New York
4x Award Winner
AmeriSave Mortgage won four 2026 Buyer's Choice Awards from ConsumerAffairs for Best Loan Process, Best Experience with Staff, Best Value for Price, and Best Customer Service.
Best for jumbo loan refinancing

Rocket Mortgage

Rocket Mortgage
3.9
3,279 reviews
Loan limit
Limits vary
Minimum credit score
700 to 740
Availability
Available nationwide
View Rates Read Reviews

Reviewers report they like the quick application process and lower interest rates Rocket Mortgage offers. Rocket Mortgage is also one of our picks for conventional refinancing lenders.

Rocket Mortgage is a division of Quicken Loans. For jumbo loans it asks for a 45% or lower debt-to-income ratio. In addition, it has minimum credit score requirements of 700 for jumbo loans up to $1 million, 720 for jumbo loans between $1 million and $1.5 million and 740 for loans between $1.5 and $2 million.

Pros
  • Nationwide availability
  • Easy online application process
  • 30- to 45-day closing times
  • Highly-rated customer service
Cons
  • No in-person services
  • No construction loans or HELOCs
2x Award Winner
Rocket Mortgage won two 2026 Buyer's Choice Awards from ConsumerAffairs for Best Loan Process and Best Experience with Staff.
Best for easy application processing

ClearPath Lending

ClearPath Lending
4.6
1,786 reviews
Loan limit
Loan limits vary
Minimum credit score
Requirements vary
Availability
Available in most states
Read Reviews

ClearPath Lending has comprehensive online tools and offers the ability to work with an assigned loan officer. Customers appreciate the clear communication and professionalism they experienced when working with this lender.

ClearPath Lending, founded in 2012, offers jumbo loans for properties that exceed conforming loan limits, with fixed or adjustable rates. The minimum credit score and down payment requirement are not listed.

Pros
  • Specializes in refinancing VA loans
  • Loan application tracking
  • Loyalty program
Cons
  • Application process isn't entirely online
  • Not available in all states
2x Award Winner
ClearPath Lending won two 2026 Buyer's Choice Awards from ConsumerAffairs for Best Value for Price and Best Customer Service.
Best for loan officers

North American Savings Bank

North American Savings Bank
4.6
195 reviews
Loan limit
Up to $1.25 million
Minimum credit score
690
Availability
Available in most states
Read Reviews

Many happy homeowners also highlight NASB’s helpful loan officers and good communication. “From the application and through the closing to the download and printing of all the paperwork I am pleased and impressed with the professional and seamless transition every step of the way,” said Ricardo in Virginia.

North American Savings Bank is a national lender based in Kansas City. Jumbo loans are available up to $1,250,000, with some higher limits for eligible buyers. The lender requires borrowers to have a 43% or lower DTI and 10% to 20% down payment.

Pros
  • Nationwide service
  • Mortgage assistance programs
  • Nontraditional mortgage options
Cons
  • No branches outside Missouri
  • No USDA loans
Best for jumbo VA loans

Veterans United Home Loans

Veterans United Home Loans
4.9
2,310 reviews
Loan limit
No loan limits
Minimum credit score
640
Availability
Available nationwide
Read Reviews

Veterans United specializes in VA loans and offers jumbo loans with no money down. The approval requirements for a jumbo loan are more stringent than for conventional loans, with a minimum 640 credit score. There is no maximum loan amount.

Homebuyers reported to ConsumerAffairs that they appreciated the ability to buy their first home by working with Veterans United.

Veterans United Home Loans is a mortgage lender headquartered in Columbia, Missouri that specializes VA loans for home purchases and refinances. Veterans United services loans in all 50 states and offers online support for customers who don’t live near a physical branch.

Pros
  • Specializes in VA loan programs
  • Purchase and refinance options
  • Available nationwide
Cons
  • Only has 24 branches across 17 states
  • Website is difficult to navigate
4x Award Winner
Veterans United Home Loans won four 2026 Buyer's Choice Awards from ConsumerAffairs for Best Loan Process, Best Experience with Staff, Best Value for Price, and Best Customer Service.
Best for personalized support

Cardinal Financial

Cardinal Financial
2.4
85 reviews
Loan limit
Up to $2 million
Minimum credit score
660
Availability
Available nationwide
Read Reviews

Customers appreciate the ease of electronic communication and competitive interest rates. “Cardinal had a great blend of personal (phone based agent) and digital experiences that helped me get from pre-qualified to closed within about a month without ever needing to step into a physical location,” said Robert in Texas.

Cardinal Financial offers competitive fixed interest rates for purchases and refinancing for qualified customers. It also offers jumbo loans for investment properties. A 20% down payment is required. Cardinal Financial has a loan origination system it designed for a convenient lending experience.

Pros
  • Available nationwide
  • Variety of loan options
  • Free rate quote
  • Proprietary Octane platform for loan management
Cons
  • No mobile app
  • Doesn’t publish current rates or fees

Jumbo Loan Lenders Buyers Guide

Jump into our guides and start learning

In this guide

Top Picks

See who reviewers like

AmeriSave Mortgage logo
Rocket Mortgage logo
ClearPath Lending logo
See our top picks

Simplify your search

Easily compare personalized rates.

What to know about jumbo loans

Are jumbo loans more expensive?

Jumbo loans are generally more expensive than conforming loans, with higher closing costs. Jumbo loan lenders often require two appraisals to verify the value of the house.

On the plus side, the difference between interest rates for nonconforming loans and conforming loans is not always significant. For more, learn how to calculate how much house you can afford.

Do jumbo loans have PMI?

Private mortgage insurance (PMI) is meant to protect lenders in case a borrower defaults. It’s normally only required by a lender when the borrower makes a down payment lower than 20%. If you make a large enough down payment, you won’t be required to pay for mortgage insurance.

Keep in mind that PMI requirements can vary by lender. When PMI is required the borrower pays it monthly until the principal mortgage balance falls below 80% of the original home value. It’s typically between 0.5% and 1% of the loan amount per year.

Are interest rates higher on jumbo loans?

Jumbo loan interest rates have historically been between 0.25% to 0.50% higher than conforming loan interest rates. It might not seem like a lot, but the spread between 3.5% and 3.75% can mean paying over a hundred dollars more on your monthly payment for a jumbo loan.

Can you refinance a jumbo loan?

Yes, you can refinance jumbo loans in the same way you can refinance a conforming loan. Like other types of mortgage rates, jumbo loan refinance rates fluctuate, and it could make sense to refinance if rates are now lower than when you took out your original loan.

Often, the same lender who originated your jumbo mortgage loan will also be able to refinance it for you. Still, it’s not a bad idea to get quotes from other lenders to see how their rates compare.

Guide sources

ConsumerAffairs writers primarily rely on government data, industry experts and original research from other reputable publications to inform their work. Specific sources for this article include:

  1. Federal Housing Finance Agency (FHFA), “Conforming Loan Limits.” Accessed May 20, 2021.

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