Jumbo Loans · South Florida

Above the limit, above the standard — financing built for South Florida's luxury market.

In Miami-Dade's luxury corridors — Coral Gables, Miami Beach, Aventura, Pinecrest, Key Biscayne — most transactions clear the conforming loan limit, which means jumbo financing isn't the exception here, it's the norm. Jumbo underwriting is genuinely different: more documentation, reserve requirements, sharper scrutiny. The difference between a smooth jumbo closing and a stalled one is how the file is structured before submission.

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  • NMLS #1615071
  • Licensed in Florida
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Plain English

What is a jumbo loan?

A jumbo loan is any mortgage larger than the conforming limit set annually by the FHFA (the cap on what Fannie Mae and Freddie Mac will buy — roughly $800,000+ for a single-family home in recent years, adjusted each January). Because jumbo loans can't be sold to the agencies, lenders keep the risk — so underwriting digs deeper: larger down payments (typically 10–20%), reserve requirements measured in months of payments, and full documentation of income and assets. Done right, jumbo rates are competitive with — sometimes better than — conforming rates for strong borrowers.

10–20% down, sometimes less

Standard jumbo programs run 10–20% down; select programs go lower for exceptionally strong profiles. Above certain loan sizes, expect the higher end.

Reserves are the real gate

Jumbo underwriters want to see months — sometimes a year — of payments in reserve after closing. I calculate this before you offer, so reserves never kill a deal in week three.

Luxury condo expertise

Miami Beach and Brickell towers each have their own underwriting story: HOA financials, reserve studies, insurance, litigation. I vet the building alongside your file.

Fixed, ARM, and interest-only

Wealth-management logic applies: an ARM or interest-only structure can make sense when your money works harder elsewhere. I model the structures against your actual liquidity plans.

Asset-based alternatives

Significant assets but complex income? Asset-depletion and portfolio programs qualify you on what you own, not just what a W-2 says. Common for entrepreneurs and retirees.

Second homes & pieds-à-terre

Seasonal buyers financing a South Florida second home face slightly different terms — still very financeable. Northeast snowbirds are half my jumbo practice.

Clients Who Closed

Real clients, real closings

Verified Google reviews.

M
MeeMee J. Google Review · Real estate broker

As a real estate broker, I truly value working with lenders who are responsive, knowledgeable, and solution-driven — and Reinier exceeded every expectation. Whenever an obstacle came up, he handled it calmly, professionally, and always had a solution ready. He went above and beyond to get us to the closing table.

M
Marilyn Google Review · Homebuyer

Reinier is extremely knowledgeable, responsive, and professional. He took the time to explain each step of the process clearly and stayed proactive throughout, which made everything feel smooth and stress-free. His attention to detail and communication truly set him apart.

★★★★★ Rated 5.0 on Google

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Honest answers

Jumbo questions, answered

What makes a loan "jumbo" in Miami?

Anything above the conforming limit, which the FHFA adjusts each January — roughly $800,000+ for a single-family home in recent years. Most Coral Gables, Miami Beach, and Aventura transactions qualify.

Are jumbo rates higher than conventional?

Not necessarily — for strong borrowers, jumbo rates are competitive and sometimes beat conforming. The spread depends on your credit, down payment, and reserves.

How much do I need in reserves?

Typically 6–12 months of total housing payments after closing, sometimes more at higher loan amounts. Retirement and investment accounts usually count at a discount — I run the math upfront.

Can I get a jumbo loan on a Miami Beach condo?

Yes — subject to building review (HOA financials, reserves, insurance, litigation). Some buildings are jumbo-friendly, others need portfolio programs. I check the building before you write the offer.

Do you handle asset-based jumbo qualification?

Yes — asset-depletion programs qualify borrowers on liquid assets rather than income documents. Common for business owners, retirees, and international buyers with substantial portfolios.

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Let's structure your jumbo the right way.

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