Florida Jumbo Loan
We know you want the best jumbo loan rate and the best product for your needs, let us guide you.Jumbo Loans are Often Used in Florida to Purchase Luxury Real Estate, Learn Your Options
When it comes to financing a luxury property, a jumbo loan can be a crucial tool for to make that dream come true. Jumbo loans are defined by exceeding the conforming loan limits set by the Federal Housing Finance Agency (FHFA). As of 2026, the conforming loan limit for most counties is $832,750. Jumbo loans come with their own specific guidelines to navigate. This makes it essential to work with an experienced mortgage loan originator and a brokerage that has multiple outlets. Here are some of our key highlights.
- We have options with as little as 10% down
- Max loan amount of $4,000,000 and up to $15,000,000 with exception
- Options with credit scores down to 650
- No max cash in hand amounts when refinancing for cash out
- Reserves requirements can be met with cash in hand from doing a cash out refinance
- No reserve requirements for loan to values at 75% or less
- In some cases appraisals can be transferred
Why Rate Sensitivity Matters for Jumbo Loan Borrowers
Borrowers seeking a Florida jumbo loan are often highly sensitive to interest rates because even small fluctuations can significantly impact monthly payments and overall loan costs. For instance:
- A 0.25% difference in interest on a $1,000,000 loan can result in thousands of dollars in savings or additional costs over the life of the loan.
- Rate sensitivity is particularly critical for those with tight budgets, as larger loan balances amplify the effects of rate changes.
- Shop your interest rate, the best thing you can do when applying for jumbo mortgage financing is shop for the best rate and closing costs.
- Buying down your rate could make sense.
This underscores the importance of finding the most competitive rate and loan terms available.
When choosing to buy down your interest rate its smart to consider that rates may go down. When buying down your interest rate you need to look at the monthly savings and see how long it takes to recoup those funds. A refinance opportunity may happen quicker or later than anyone expects.
What’s the Advantage of Using a Mortgage Brokerage?
We have over 200 wholesale lenders at our disposal. If you call up a bank they are going to have their options, and their options alone. We have the options from multiple Jumbo lenders to fit you with the right mortgage to fit your needs. Oftentimes it can mean the difference between getting approved or not.
- Access to Competitive Rates:
As a mortgage broker we shop for the best rates for our clients. - Unique Loan Products:
Wholesale lenders often offer specialized programs that cater to different financial situations, such as flexible income verification methods or unique property types. - Streamlined Process:
A broker handles the legwork of comparing loan options and managing paperwork, saving borrowers time and effort.
Flexible Income Verification Options
A key benefit of working with a broker is access to flexible income verification methods. This is particularly helpful for Florida jumbo loan borrowers with non-traditional income sources, such as self-employed professionals or real estate investors.
- Bank Statement Loans for Self-Employed Borrowers:
These loans rely on bank deposits instead of tax returns to verify income, making them ideal for self-employed individuals whose taxable income may not reflect their true earnings. - DSCR Loans for Real Estate Investors:
Debt Service Coverage Ratio (DSCR) loans assess the cash flow generated by an investment property to qualify borrowers. This eliminates the need for personal income verification and focuses solely on property performance. - Traditional Financing for the Best Rates:
Borrowers with verifiable W-2 income or self employed tax returns and strong credit profiles can opt for traditional financing, which typically offers the lowest interest rates and most favorable terms.
Why Choose Black Rock Mortgage?
Navigating the jumbo loan process can be daunting, especially with the variety of lenders, rate structures, and verification methods available.
- Expert guidance through every step of the process.
- Tailored solutions to meet your unique financial goals.
- Your loan processor matters, we know that asking for docs multiple times adds to the stress. An experienced processor makes the transaction much smoother.
By choosing a mortgage brokerage with expertise in Florida jumbo loans, borrowers can feel confident they’re making the best financial decision for their high-value property purchase.
Final Thoughts on Jumbo Loans
We understand that financing a large loan is a big deal. You can’t just trust anyone with your financing needs. Our goal is to earn your trust, and then earn your business.
If you have any questions at all reach out to us today to explore your options and secure the financing solution that’s right for you.
Get a No Hassle Mortgage Pre-Approval!
On weekdays we will review your application within 24 hours or less!
Keith Meredith
Feel free to call or text message me directly at +1 (352) 615-1613 with any questions on any loan programs, credit score requirements or interest rates. 
