12 Best Mortgage Lenders of August 2022 for Jumbo Loans
Jumbo loans are for homes with prices that exceed the conforming loan limit. We'll help you choose from some of the best jumbo loan lenders of 2022.
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If you're shopping for a mortgage in a high-cost area or buying a large and expensive home, you may be looking for a jumbo loan — one that's too big to fit Fannie Mae's and Freddie Mac's requirements.
If you're in the market for a jumbo mortgage, it's essential to choose a lender with experience dealing with the special requirements of jumbo loans.
NerdWallet has picked some of the best mortgage lenders for borrowers looking for a jumbo loan in a variety of categories so you can quickly determine which one is right for you.
If you're shopping for a mortgage in a high-cost area or buying a large and expensive home, you may be looking for a jumbo loan — one that's too big to fit Fannie Mae's and Freddie Mac's requirements.
If you're in the market for a jumbo mortgage, it's essential to choose a lender with experience dealing with the special requirements of jumbo loans.
NerdWallet has picked some of the best mortgage lenders for borrowers looking for a jumbo loan in a variety of categories so you can quickly determine which one is right for you.
Best Mortgage Lenders of August 2022 for Jumbo Loans
Lender | NerdWallet rating | National / regional | Min. down payment | Learn more |
---|---|---|---|---|
![]() Ally Bank: NMLS#181005 Learn more at Ally Bank | Best for digital convenience | National | 10% | Learn more at Ally Bank |
![]() Bethpage Federal Credit Union: NMLS#449104 Learn more at Bethpage Federal Credit Union | Best for credit union lending | N/A | 3% | Learn more at Bethpage Federal Credit Union |
![]() Chase: NMLS#399798 Learn more at Chase | Best for first-time home buyers | National | 20% | Learn more at Chase |
![]() Guaranteed Rate: NMLS#2611 Learn more at Guaranteed Rate | Best for digital convenience | N/A | 20% | Learn more at Guaranteed Rate |
![]() Bank of America: NMLS#399802 | Best for digital convenience | N/A | 15% | Read review |
![]() Wells Fargo: NMLS#399801 | Best for jumbo lending overall | N/A | 20% | Read review |
![]() Alliant: NMLS#197185 | Best for jumbo refinancing | National | 3% | Read review |
![]() Golden 1 Credit Union: NMLS#669333 | Best for credit union lending | N/A | 3% | Read review |
![]() PNC: NMLS#446303 Learn more at PNC | Best for high max. loan amount | National | 20% | Learn more at PNC |
![]() US Bank: NMLS#402761 | Best for digital convenience | N/A | 3% | Read review |
![]() Flagstar: NMLS#417490 | Best for rate transparency | N/A | 10% | Read review |
![]() San Diego County Credit Union: NMLS#580585 | Best for rate transparency | Regional | 5% | Read review |

at Ally Bank
Ally Bank: NMLS#181005

National / regional
NationalMin. down payment
10%at Ally Bank

at Bethpage Federal Credit Union
Bethpage Federal Credit Union: NMLS#449104

Min. credit score
620Min. down payment
3%at Bethpage Federal Credit Union

at Chase
Chase: NMLS#399798

National / regional
NationalMin. down payment
20%at Chase

at Guaranteed Rate
Guaranteed Rate: NMLS#2611

Min. credit score
N/AMin. down payment
20%at Guaranteed Rate
Bank of America: NMLS#399802

Min. credit score
720Min. down payment
15%Wells Fargo: NMLS#399801

Min. credit score
N/AMin. down payment
20%Alliant: NMLS#197185

National / regional
NationalMin. down payment
3%Golden 1 Credit Union: NMLS#669333

Min. credit score
N/AMin. down payment
3%US Bank: NMLS#402761

Min. credit score
N/AMin. down payment
3%Flagstar: NMLS#417490

Min. credit score
N/AMin. down payment
10%San Diego County Credit Union: NMLS#580585

Min. down payment
5%National / regional
RegionalLast updated on March 31, 2022
Methodology
The star ratings on this page reflect each lender's performance in NerdWallet’s jumbo loans category. We scored the category and chose lenders for this page using the following methodology:
NerdWallet reviewed nearly 60 mortgage lenders, including the majority of the largest U.S. mortgage lenders by annual loan volume (lenders had to have at least a 1% market share), lenders with significant online search volume and those that specialize in serving various audiences across the country.
All reviewed mortgage lenders that offer jumbo loans were evaluated based on (1) the portion of their business dedicated to jumbo loans, (2) the minimum down payment allowed, (3) their jumbo origination fees, (4) the range of jumbo loan types offered, (5) their rate transparency, and (6) the ease of their online application. The highest scoring lenders appear on this page.
NerdWallet solicits information from reviewed lenders on a recurring basis throughout the year. All lender-provided information is verified through lender websites and interviews. We also utilized 2020 HMDA data for origination volume, origination fee, rate spread and share-of-product data.
To recap our selections...
NerdWallet's Best Mortgage Lenders of August 2022 for Jumbo Loans
- Ally Bank: Best for digital convenience
- Bethpage Federal Credit Union: Best for credit union lending
- Chase: Best for first-time home buyers
- Guaranteed Rate: Best for digital convenience
- Bank of America: Best for digital convenience
- Wells Fargo: Best for jumbo lending overall
- Alliant: Best for jumbo refinancing
- Golden 1 Credit Union: Best for credit union lending
- PNC: Best for high max. loan amount
- US Bank: Best for digital convenience
- Flagstar: Best for rate transparency
- San Diego County Credit Union: Best for rate transparency