A Jumbo mortgage from San Francisco Federal Credit Union provides you with low rates for higher valued homes. 

A Jumbo mortgage loan can be the perfect choice when you need a loan over the conforming limits, currently between $647,200 and $970,800 depending on the county in which the property is located. San Francisco Credit Federal Union offers loans with great rates on mortgages over the conforming limits with loan values up to $3 million.

Benefits of a Jumbo Mortgage Loan 

A Jumbo mortgage loan can help you buy your dream home in higher-priced housing markets like the San Francisco Bay area. 

Some benefits of our Jumbo mortgage loans include:

  • Finance up to $3 million: A high-priced housing market doesn’t need to keep you from your dream property. Upon a property appraisal, San Francisco Federal Credit Union will finance amounts up to $3 million.
  • Buy a primary residence, second home, or investment property: Whether you’re buying to live in the home full-time or only vacation in it, a Jumbo mortgage will make it a reality.
  • Control how much total interest you’ll pay: Select a 15-year mortgage, and you’ll pay less in total interest. Select a 30-year mortgage, and you’ll pay more in interest, but your monthly payments will be lower. The choice is yours.

Mortgage Rates 

See our great mortgage rates for our whole line of mortgage products.

Member Reviews

Jumbo Mortgage Loan FAQs

Q: What credit score do I need to qualify for a Jumbo mortgage loan?

A: Jumbo mortgages are usually available for borrowers with very good credit, which generally means a FICO score of 680 or higher. 

To learn more about the established guidelines for income and other personal financial qualifications, please contact us to speak to one of our knowledgeable mortgage team members at 800-852-7598, extension 2977.

Q: How much is a conforming loan? When do you need a Jumbo loan?

A: The maximum conforming loan amount is  $548,250. Super Conforming or High Balance loans cover properties from $548,250 to a maximum of $822,375. Then Jumbo loans cover properties over $822,375.

Q: Do you offer both a fixed-rate and an adjustable-rate Jumbo mortgage?

A: Yes. You can decide between a fixed or an adjustable-rate Jumbo loan. The decision comes down to how much interest you want to pay on the loan early on and your overall comfort with ambiguity.

A fixed-rate mortgage has an interest rate and monthly payment that never changes. An adjustable-rate mortgage (ARM) has an interest rate that varies based on the Prime Rate, which we mentioned above. The variable interest rate associated with an ARM means the monthly payments for that type of loan change with the changing interest rate. 

For information about mortgage loan variables, please contact us to speak to one of our knowledgeable mortgage team members at 800-852-7598, extension 2977.

Mortgage Loan Resources

Manage your next mortgage loan with San Francisco Federal Credit Union’s helpful tools and resources.

Get the Mortgage to Fit Your Needs With San Francisco Federal Credit Union 

With the right mortgage, you’ll be one step closer to buying your dream property. Let San Francisco Federal Credit Union help you find the perfect mortgage today.

Scroll to Top