CALIFORNIA’S
JUMBO LOAN EXPERTS
Jumbo loan solutions at highly competitive rates. Loan amounts available up to $8M. Alternative Documentation options such as Bank Statements and Stated Income OK.
NO Tax Returns Required with Bank Statement Loans and Stated Products.
Proudly Serving all of California
Call Anytime:
Mobile: (949) 600-0944
No 1099’s No P&L’s No K1’s
Buy or refinance up to 90% loan to Value/ 10% down
Cash-Out Refinancing Up to $2M.
Loan Amounts up to $8,000,000
NO Mortgage Insurance
Why Jackie Barikhan at
Summit Lending?
Jackie is a California-based, award-winning mortgage professional with over 100 5-star ratings. Committed to excellent strategies and out-of-the-box thinking. Mortgage lending is all I do, all day, every day! I’m here to help you in every way!
Jackie is a California-based, award-winning mortgage professional with over 100 5-star ratings. Committed to excellent strategies and out-of-the-box thinking. Mortgage lending is all I do, all day, every day! I’m here to help you in every way!Call today for a FREE consultation – (949) 600-0944 or book a time to chat HERE
Jumbo Loan Program Highlights
Jackie and her team are here to help answer your questions and help you find the right jumbo loan product for your situation.
- 90% LTV Up to $1.5M
- 75% LTV Up to $3M
- 65% LTV Up to $5M
- 60% LTV Up to $7M
- 50% LTV Up to $8M
- Alternative Documentation Options including 12-24 Bank Statement. Stated Income Available.
- Cash out Refinance Up to $2M
Contact Jackie today for a free rate quote and consultation.
(949) 600-0944
About Jackie
Mortgage Broker with Summit Lending
Cell: (949) 600-0944
NMLS: 914312
BRE: 01962240
Mortgage financing can be complicated. My expert team will make sure everything is transparent and painless as possible, so you can move into your new home, or get the cash out you need with minimal stress. I LOVE what I do! There is no greater privilege than to help families secure their future home or help make a dramatic impact on a family’s budget by helping them save on their mortgage payment.
Serving the entire State of California.
Nationally Licensed Mortgage Advisor:
NMLS# 914312
BRE# 01962240
I am thoroughly impressed and grateful to have worked with Jackie and her team! I really admire the can-do, positive attitude that Jackie had throughout this year-long process of us searching for a house, and when we finally found it, the very long escrow process. She answered all of our questions, helped us stayed on top of our finances and documents, and send us helpful reports so that we can make the right choice in choosing our home. Jackie has a wealth of knowledge (and patience!) that was invaluable in analyzing properties and loan products that best fit our needs. We went through so many scenarios of different properties and financing options and qualifying criteria, etc., our file was probably the largest anyone has ever seen but Jackie was able to sort through it all and finally get us to close on our loan. Daniel and I are eternally grateful to Jackie for helping us start our real estate investing careers! It is truly a dream come true 🙂
Frequently Asked Questions About Jumbo Loans
What is a jumbo loan?
A jumbo loan is a mortgage that exceeds the conforming loan limits established by
federal housing agencies. These loans are designed for higher-priced homes and
luxury properties that require financing above standard conventional loan limits.
When do I need a jumbo mortgage?
You may need a jumbo mortgage when the loan amount required to purchase or refinance
a home exceeds the conforming loan limit for your county. Jumbo loans are common in
California, where home values often surpass traditional financing limits.
What types of properties can be financed with a jumbo loan?
Jumbo loans can be used to finance primary residences, second homes, vacation
properties, and certain investment properties. They are commonly used for luxury
homes, estate properties, and other high-value real estate.
How much can I borrow with a jumbo loan?
Jumbo loan limits vary by lender and borrower qualifications. Many lenders offer
financing well above conventional loan limits, with some programs supporting loan
amounts into the millions for qualified borrowers.
What credit score is needed for a jumbo loan?
Credit score requirements vary by lender, loan amount, and overall borrower
profile. In general, jumbo loan programs require stronger credit than many
conventional loan programs, and higher scores may help borrowers qualify for more
favorable rates and terms.
How much down payment is required for a jumbo mortgage?
Down payment requirements depend on factors such as the loan amount, property type,
credit profile, and lender guidelines. Some jumbo loan programs offer lower down
payment options, while others may require larger equity contributions.
Are jumbo loan interest rates higher than conventional mortgage rates?
Jumbo loan rates can vary based on market conditions, credit score, loan amount,
reserves, and down payment. In some cases, jumbo rates may be comparable to or even
lower than conventional mortgage rates for highly qualified borrowers.
Do jumbo loans require mortgage insurance?
Many jumbo loan programs do not require private mortgage insurance (PMI), even when
financing significant loan amounts. Requirements vary by lender and loan structure.
What income documentation is required for a jumbo loan?
Documentation requirements depend on the lender and borrower profile. Income may be
verified through tax returns, W-2s, pay stubs, bank statements, asset depletion
calculations, or other approved methods depending on the program.
Are jumbo loans harder to qualify for?
Because jumbo loans involve larger loan amounts and greater lender risk, borrowers
are often required to demonstrate strong credit, stable income, sufficient assets,
and adequate cash reserves. However, many qualified borrowers successfully obtain
jumbo financing every year.
Can self-employed borrowers qualify for a jumbo loan?
Yes. Self-employed borrowers may qualify through a variety of income documentation
methods, including traditional tax return analysis, bank statement programs, or
asset-based qualification options, depending on the lender.
Can I refinance an existing mortgage with a jumbo loan?
Yes. Jumbo loans can be used for both home purchases and refinances. Borrowers may
refinance to lower their interest rate, change loan terms, access equity, or
consolidate financing into a single mortgage.
What are the benefits of a jumbo mortgage?
Jumbo loans allow qualified borrowers to finance higher-value properties without
splitting financing into multiple loans. They can provide access to competitive
rates, flexible loan structures, and financing solutions tailored to unique
financial situations.
Can jumbo loans be used for luxury homes?
Yes. Jumbo loans are one of the most common financing solutions for luxury homes,
custom-built residences, waterfront properties, and other premium real estate that
exceeds conventional loan limits.
What is the difference between a jumbo loan and a conventional loan?
The primary difference is the loan amount. Conventional loans fall within conforming
loan limits established by federal housing agencies, while jumbo loans exceed those
limits and are underwritten according to private lender guidelines.