Jumbo Loans for Colorado's Luxury Market

A jumbo loan exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. In most Colorado counties, the 2024 conforming limit is $766,550. In high-cost areas (like Eagle County/Vail and some Boulder and Denver zip codes), the limit is higher. Any loan above the applicable limit for your county is a jumbo loan.

Jumbo rates are competitive and change daily with the market. Historically, jumbo rates are close to — and sometimes lower than — conforming rates, depending on the lender and loan profile. Contact Jamie for a current quote based on your property type, down payment, and credit profile.

Most jumbo loans require 10-20% down. Some programs allow 10% down for well-qualified borrowers with strong credit and reserves. Investment property and second home jumbo loans typically require 15-25% down.

Yes, but resort area condos often fall into the non-warrantable category — meaning they don't meet standard Fannie/Freddie condo guidelines due to high investor concentration or resort-hotel features. The Becker Team has access to specialty programs specifically designed for non-warrantable condo financing in mountain resort buildings.

Most jumbo lenders require a minimum credit score of 700-720. Stronger scores (740+) unlock the best rates. Reserves (typically 6-12 months of mortgage payments in liquid assets) are also typically required for jumbo approval.

Yes. Second home jumbo financing is available for Colorado mountain properties — ski homes, cabins, and resort condos. These typically require 10-20% down and that the property be used personally for a portion of the year (not rented full-time, which would classify it as investment property).