Looking for just the high-balance mortgage home loan programs in USA that fit your unique situation? Start your free personalized mortgage review by clicking here.
High-Balance Mortgage Options for Purchasing a Home
We searched our national mortgage program database to find all of the purchase home loan options specific to USA:
Conventional High-Balance Purchase Loan
Best For: Large Loan Amounts, Lowest Rates, Easy Process
Conventional financing option above the conforming limit in designated high cost counties across the United States
Min. Credit Score
620
Min. Down Payment
5%
Max. Loan Amount
$816,500 - $1,149,825
VA High-Balance Purchase Loan
Best For: Large Loan Amounts, Zero Down
The VA high-balance mortgage (often called "VA Jumbo") is used for loans above the conforming limit—allowing homebuyers to maximize their VA benefits.
Min. Credit Score
640
Min. Down Payment
0%
Max. Loan Amount
$1,500,000
FHA High-Balance Purchase Loan
Best For: Large Loan Amounts, Easy Qualification
FHA financing option for purchasing a home above the government limit in designated high cost counties across the United States.
Min. Credit Score
580
Min. Down Payment
3.5%
Max. Loan Amount
$779,700 - $1,149,825
HomeReady® High-Balance Purchase Loan
Best For: First Time Homebuyers, Large Loan Amounts
HomeReady® financing option above the conforming loan limits in designated high-cost counties across the United States.
Min. Credit Score
620
Min. Down Payment
3%
Max. Loan Amount
$816,500 - $1,149,825
Home Possible® High-Balance Purchase Loan
Best For: First Time Homebuyers, Large Loan Amounts
Low down payment financing above the conforming loan limit with discounted fees for creditworthy low and moderate income borrowers across the US.
Min. Credit Score
620
Min. Down Payment
3%
Max. Loan Amount
$816,500 - $1,149,825
Special Programs for High-Balance Mortgage
These additional loan programs available in USA may provide help for down payment and closing costs, qualification for borrowers who don't fit the traditional mold, and unique portfolio programs for special situations.
CalHFA FHA Loan
Best For: First Time Homebuyers, Low Down Payments, Lowest Rates
FHA program for California residents with below market interest rates and down payment assistance options.
Min. Credit Score
640
Min. Down Payment
3.5%
Max. Loan Amount
$472,030 - $1,089,300
CalPLUS with ZIP FHA Loan
Best For: First Time Homebuyers, Low Down Payments, Low Credit Scores
The CalPLUS FHA program is an FHA loan paired with the CalHFA Zero Interest Program (ZIP) for closing costs.
Min. Credit Score
640
Min. Down Payment
3.5%
Max. Loan Amount
$472,030 - $1,089,300
CalHFA MyHome Assistance Program
Best For: First Time Homebuyers, Zero Down
The CalHFA MyHome Assistance Program provides up to 3% in down payment assistance in the form of a deferred payment mortgage.
Min. Credit Score
680
Min. Down Payment
0%
Max. Loan Amount
$1,089,300
Up to 3.00% of 1st Loan Amount Program Benefit Amount
CalHFA Conventional Loan - Median Income
Best For: First Time Homebuyers, Low Down Payments
Conventional option for California homebuyers with incomes above 80% AMI that can be paired with down payment assistance of up to 3%.
Min. Credit Score
680
Min. Down Payment
3%
Max. Loan Amount
$726,200 - $1,089,300
CHOICERenovation® High-Balance Purchase Loan
Best For: Large Loan Amounts, Home Renovations
Include for home improvements in with a conventional loan above the conforming loan limit using this convenient and flexible program for renovations.
Min. Credit Score
620
Min. Down Payment
5%
Max. Loan Amount
$816,500 - $1,149,825
Up to 75% of Price or ValueYour Estimated Renovation Fund
* Some loan programs may not be offered by all featured lenders of ReviewMyMortgage.com and qualification guidelines may vary between them. Our team makes their best effort to keep loan program information up to date. Loan programs may change without warning. ReviewMyMortgage.com does not guarantee or offer any loan products. ReviewMyMortgage.com is strictly an educational resource hub for consumers.
How It Works
What loans do I qualify for?
By answering a few simple questions, you'll receive a personalized review of mortgage options specific to your area.
Related Resources
Better information to make better home financing decisions.
By ReviewMyMortgage Admin
Market Dynamics: Who Holds the Upper Hand This Homebuying Season?
In today's real estate market, the balance of power between buyers and sellers varies by location. While sellers generally dominate due to low housing supply, some regions are seeing a shift.
Read More
By ReviewMyMortgage Admin
Thriving in a High-Rate, Low-Inventory Market: Discover LoanBot Powered by ReviewMyMortgage
The mortgage landscape is evolving, with high rates and low inventory posing challenges for loan officers. It's in this challenging climate that LoanBot, powered by ReviewMyMortgage, emerges as a beacon of opportunity. This innovative tool is designed to revolutionize how consumers shop for a mortgage, bridging the gap between home loan seekers and various mortgage program options.
Read MoreAre you a mortgage professional?
Learn about our unique sponsorships, including RMM PROLender, that can take your production to the next level.
Get in Touch