Financing above the $832,750 conforming limit for luxury homes, Gulf-access waterfront, and high-value condos in Naples, Marco Island, Bonita Springs, and Cape Coral. Competitive jumbo rates from a broker who shops many investors.
Ideal for Cape Coral canal homes and coastal Naples/Marco properties above conforming limits.
Select jumbo programs allow lower down payments than people expect.
Jumbo rates are often on par with — sometimes below — conforming.
Second-home and condo jumbo financing with early project vetting.
In 2026, any single-family loan above $832,750 in Lee or Collier County is a jumbo loan. That threshold is reached quickly on Naples luxury homes, Marco Island Gulf-front condos, and premium Cape Coral Gulf-access properties. If your amount is just over the line, Mike can also compare a conforming loan against jumbo to find the cheaper structure.
A jumbo loan is any mortgage above the 2026 conforming limit of $832,750 (in Lee and Collier counties). They're common in Naples, Marco Island, and on Cape Coral and Fort Myers waterfront and Gulf-access properties where prices run higher.
Jumbo down payments commonly start around 10–20%, depending on the loan amount, property type, and your credit and reserves. Some programs allow 10% down up to fairly high loan amounts. Because Mike shops many jumbo investors, he can find the program that fits your down payment rather than forcing you into one bank's box.
Jumbo lenders typically want strong credit (often 700+) and cash reserves — several months of mortgage payments left over after closing. Requirements vary widely by lender, which is exactly where a broker helps: Mike can match your profile to the most flexible jumbo guidelines available.
Yes. Second-home and condo jumbo financing is very common in Naples, Marco Island, and Bonita Springs. Condos add a project-review layer — including Florida's structural-reserve (SIRS) rules — so Mike vets the association early to avoid surprises.
Not always. At times jumbo rates are comparable to or even below conforming rates, because jumbo borrowers tend to be lower-risk. Mike can compare a jumbo loan against splitting into a conforming first plus a second lien to see which is actually cheaper for you.
Jumbo programs extend well into the multi-million-dollar range, with terms scaling to the loan size and property. For luxury and Gulf-access purchases in SW Florida, Mike has access to portfolio and non-QM investors that go far beyond agency limits.
Get a jumbo pre-approval and a clear rate comparison across multiple investors — tailored to SW Florida's high-value market.