Jumbo Loans
in Colorado

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We’ve Got Your Six!

If you are shopping for a larger home or one in an expensive neighborhood, you may require more financing than you can qualify for through conventional financing. If that is your situation, Front Range Mortgage can help match you with a competitive non-conforming loan, also known as a “jumbo” loan.

What Are Jumbo Loans?

A conventional loan is one which Fannie Mae and Freddie Mac are able to purchase within their conforming loan limits.
If a loan exceeds those limits, it is referred to as a non-conforming loan, or “Jumbo” loan.

Do You Need a Jumbo Loan in Colorado?

To determine whether you need a jumbo loan or a conventional loan, you must look up the conforming loan limits for your county. Below are some examples.

Here are the conforming loan
limits in El Paso County:

1 Unit: $484,350

2 Units: $620,200

3 Units: $749,650

4 Units: $931,600

These are the conforming loan
limits for Denver County:

1 Unit: $561,200

2 Units: $718,450

3 Units: $868,400

4 Units: $1,079,250

Here are the conforming loan
limits for Boulder County:

1 Unit: $626,750

2 Units: $802,350

3 Units: $969,850

4 Units: $1,205,300

If you do not know the conforming loan limits for your county, we can advise you during your free consultation if you need a jumbo loan or not.

Colorado Jumbo Loan Eligibility

To be eligible for a jumbo loan, you will need:

A higher credit score than you would for a conventional loan.

A lower DTI ratio than you would for a conventional loan.

Steady employment which you can document.

The home you are buying must pass two appraisals (typically).

Money for a down payment (which may or may not exceed what you would put down on a conventional loan).

The home you will be purchasing.

Will you need to have more money to afford higher interest rates over the years you pay on your jumbo loan?

Not necessarily. It depends on your qualifications and the offers which are made to you. In some cases, interest rates for non-conforming loans are within the same range that they would be for conventional loans.

As a small local mortgage company, not a big bank, we will work hard to qualify you for an affordable jumbo loan with great benefits. We are Colorado Local, Colorado Only, Colorado Proud.

What Our Clients Are Saying

Dennis Linn
Dennis Linn
18:26 18 Aug 21
We had a great experience at Front Range. Victoria took excellent care of us and we got a tremendous rate. I had a little trouble but they worked right through it without a hitch.If I ever re-fi... again I’ll be right back here to do it.Thanksread more
CindyJo Abbott
CindyJo Abbott
03:51 15 Aug 21
I work with Victoria and Brian as a loan closing specialist. I have received so much POSITIVE feedback about how much everyone loves working with both of them. I always have a great conversation and... extreme professionalism is always at the forefront.If you need/want to refi, go through a home purchase, etc … and are unsure where to go or who to talk to, look no further than Front Range Mortgage with Victoria or Brian …. You never know, you might get lucky and have me conduct your closing. ☺️😉read more
Clemente Galang
Clemente Galang
01:32 01 Feb 21
They were there when I needed them the most.
Mark Thompson
Mark Thompson
17:13 25 Jan 21
Dominic Lupori
Dominic Lupori
15:59 25 Jan 21
great people, super fast, pleasant experience

Apply for a Jumbo Loan in Colorado Now

Qualifying for a jumbo loan does not need to be difficult. At Front Range Mortgage, our goal is to help you qualify fast for competitive rates on your non-conforming loan so that you can move into the home you want. To get started Click below or call (303) 500-1900 in Denver.

Get Pre-Approved in 5-Minutes!