VA (Veteran’s Administration) loans are for those men and women who are serving or have served in our Nation’s Armed Forces. These loans are backed by HUD (Housing and Urban Development) and offer special benefits to those who are eligible. VA Jumbo loans go above the normal loan limits for those eligible allowing for larger VA backed mortgages.

Parameters and Guidelines

A Jumbo VA loan is available in both a fixed rate and adjustable rate program.  A fixed-rate mortgage offers a predictable, straightforward monthly payment. With fixed-rate mortgages, your interest rate (and your total monthly payment of interest and principal) will remain the same for the entire term of the loan. This predictability allows homeowners to budget for the future more effectively.

30-year fixed rate

This is the most common mortgage that homebuyers compare rates to. The rate is good for 360 months (30 years) and is amortized over that time period to payoff.

15-year fixed rate

This mortgage will be due in full in 180 months. It will have an even higher payment than the 20-year term.

5/1 ARM

This mortgage sets your interest rate (or is fixed) for the first five (5) years of your mortgage,  The mortgage can adjust starting in year 6 based on the market conditions present at that time.

Soldiers line up on the parade , selective focus

Who Is It Right For?

  • Those active and retired service members who need a loan past the traditional VA loan limit of $417,000.
  • Active and retired service members who are moving up in housing but do not have the full 20% down requirement that today’s Jumbo Loans require.
  • Active and retired service members looking to avoid PMI on a lower down payment loan.


  • A VA Jumbo requires a down payment but it is less than any high balance conventional loan or standard jumbo loan requirements. The down payment is a formula that can vary based on the county where the loan is being taken out.


  • VA Jumbo loans do not require private mortgage insurance (PMI) no matter how much is put down on for the purchase or equity in the property for a refinance.


  • All VA loans have a funding fee requirement unless you have disabled vetern status. The funding fee can vary based on previous usage and eligibilty.


  • VA jumbo mortgages are usually lower in rate than the traditional mortgages like the high balance conforming mortgage or a standard jumbo loan.


  • The lower rate may allow the eligible borrower to qualify for a higher loan amount or lower their monthly payment.


  • The VA Funding Fee can make the interest rate more expensive depending on the gap between the high balance conforming or standard jumbo mortgage and the VA jumbo loan.