14 Best Mortgage Lenders for Jumbo Loans in 2026
Jumbo loans are for homes with prices that exceed the conforming loan limit. We'll help you find the best jumbo loan lenders.
Last updated on January 12, 2026
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If you're shopping in a high-cost area or buying an 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 for conforming loans. Here are NerdWallet’s top picks.
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Why trust NerdWallet
- 50+ mortgage lenders reviewed and rated by our team of experts.
- 40+ years of combined experience covering mortgages and financial topics.
- Objective, comprehensive star rating system assessing 120+ categories and 5,000+ data points.
- Governed by NerdWallet's strict guidelines for editorial integrity.
Why trust NerdWallet
Why trust NerdWallet
- 50+ mortgage lenders reviewed and rated by our team of experts.
- 40+ years of combined experience covering mortgages and financial topics.
- Objective, comprehensive star rating system assessing 120+ categories and 5,000+ data points.
- Governed by NerdWallet's strict guidelines for editorial integrity.
14 Best Mortgage Lenders for Jumbo Loans in 2026
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Lender | NerdWallet Rating | National / regional | Min. down payment | Learn more |
|---|---|---|---|---|
National | 10% | |||
National | 10% | |||
National | N/A | |||
National | 15% | |||
National | 10% |
Rocket Mortgage, LLC: Best for digital experience
Min. down payment
10%
National / regional
National
- Why we like itRocket Mortgage is a big player in the jumbo loan market, with a variety of jumbo loan types and low average jumbo rates. But fees may be on the high side.Pros
- Offers low average jumbo rates compared with other lenders.
- Major jumbo lender, by loan volume.
- Offers a strong variety of jumbo loan types for purchase and refinance.
ConsRead full review- Average jumbo origination fees are on the high side.
- No physical branches.
- Jumbo loans represent a small share of total home lending for Rocket.
First Federal Bank: Best for government-backed loans
- Why we like itFirst Federal Bank offers an array of jumbo loan types, though these loans comprise a small share of its overall home lending. First Federal stands out for low average jumbo rates.Pros
- Average jumbo rates are low compared with other lenders.
- Offers a strong variety of jumbo loan types for purchase and refinance.
ConsRead full review- Jumbo loans represent a small share of total home lending for First Federal.
- No mobile app.
Citibank: Best for lender focus on jumbo lending
Min. down payment
N/A
National / regional
National
- Why we like itCiti is a big player in the jumbo loans market, and these loans make up a notable share of the bank's overall lending. Jumbo fees run low, though rates may be similar to competitors.Pros
- Offers low average jumbo loan fees compared with other lenders.
- Major jumbo lender, by loan volume.
- Ranks highly for customer satisfaction as a mortgage originator.
ConsRead full review- You'll need to contact Citi for details about available jumbo loan types.
- Must create an account to apply.
PNC Bank: Best for jumbo loans overall
Min. down payment
15%
National / regional
National
- Why we like itPNC Bank could be a good pick for first-time home buyers seeking a streamlined digital experience. Average jumbo fees are competitive, while jumbo rates may be middle of the road.Pros
- Online rate quotes are informative and easy to customize.
- Offers low average jumbo fees compared with other lenders.
- Major jumbo lender, by loan volume.
ConsRead full review- Does not offer government-backed VA loans (such as VA loans).
- Jumbo loans represent a small share of total home lending for PNC.
loanDepot: Best for variety of jumbo loan types
- Why we like itLoanDepot, one of the country’s largest mortgage lenders, has faced negative headlines recently. It offers a wide range of jumbo mortgages, with low average jumbo loan rates.Pros
- Average jumbo rates are low compared with other lenders.
- Major jumbo lender, by loan volume.
- Offers a strong variety of jumbo loan types for purchase and refinance.
ConsRead full review- Jumbo loans make up a small share of LoanDepot's total home loans.
- No mortgage rates posted online.
- Recent headlines have damaged consumer trust.
Truist: Best for in-person service
Min. down payment
10.01%
National / regional
National
- Why we like itTruist is a major lender of jumbo loans, offering middle-of-the-road jumbo rates and fees, on average. Preapproval and customer care happen mostly offline, and for details on loans, you'll need to talk to a person.Pros
- Major jumbo lender, by loan volume.
- Offers a strong variety of jumbo loan types for purchase and refinance.
ConsRead full review- Jumbo loans represent a small share of total home lending for Truist.
- Getting custom rates and applying for mortgage preapproval both require human contact.
Pennymac: Best for rate transparency
- Why we like itPennymac, known for government loans, has low average jumbo mortgage rates. Best for jumbo loan borrowers looking for low rates and an efficient digital experience.Pros
- Offers exceptionally low average jumbo rates compared with other lenders.
- Big jumbo lender, by loan volume.
ConsRead full review- Jumbo loans make up a small share of Pennymac's total home loans.
- No construction or renovation loans.
Navy Federal: Best for veterans or active duty military
Min. down payment
5%
National / regional
National
- Why we like itNavy Federal is known for VA lending, but it's also a notable player in the jumbo market. You'll need a military connection to join the credit union.Pros
- Big jumbo lender, by loan volume.
- Offers low jumbo mortgage rates compared with other lenders.
ConsRead full review- Borrowers must join the credit union before applying for a mortgage, and all borrowers on the loan must be members for the loan to close.
- Jumbo loans make up a small share of Navy Federal's total home loans.
Alliant: Best for credit union experience
Min. down payment
5%
National / regional
National
- Why we like itAlliant Credit Union's jumbo loans have low average rates and origination fees. Customer service is geared toward credit union members.Pros
- Offers low average jumbo rates and fees compared with other lenders.
- Big jumbo lender, by loan volume.
- Mortgage borrowers do not need to become members of the credit union until reaching the closing process.
ConsRead full review- You can't apply for preapproval online.
- Website has minimal information about home loan offerings.
- Customer service is tough to navigate as a non-member.
Bank of America: Best for customer perks and discounts
- Why we like itBank of America offers low average jumbo rates, and average fees are middle of the road. Some borrowers can qualify for down payment assistance or rate discounts.Pros
- Offers low average jumbo rates compared with other lenders.
- Major jumbo lender, by loan volume.
ConsRead full review- Jumbo loans represent a somewhat small share of total home lending for Citi.
- Online rate quote tool doesn’t personalize by credit score.
Chase: Best for high customer satisfaction
Min. down payment
10.01%
National / regional
National
- Why we like itChase is a sizable jumbo loan lender with options for a variety of jumbo borrowers. The bank has programs that can make homebuying more affordable.Pros
- Major jumbo lender, by loan volume.
- Offers a strong variety of jumbo loan types for purchase and refinance.
ConsRead full review- Borrowers must create an account or speak with a home loan expert before completing an online application.
- Jumbo loans represent a somewhat small share of total home lending for Chase.
FourLeaf Federal Credit Union: Best for credit union experience
- Why we like itFourLeaf Credit Union, formerly known as Bethpage, is easy to join. Its average jumbo rates and fees are low, but jumbos make up a small share of overall home lending.Pros
- Offers low average jumbo rates and fees compared with other lenders.
- Offers a strong variety of jumbo loan types for purchase and refinance.
- Well rated mobile app.
ConsRead full review- Online rate quote is light on detail and doesn’t let you customize.
- Jumbo loans represent a small share of total home lending for FourLeaf.
NBKC: Best for variety of jumbo loan types
- Why we like itNBKC stands out for its attractive jumbo loan interest rates and fees, and is primarily an online lender — though its app does not have mortgage features.Pros
- Offers low average jumbo rates and fees compared with other lenders.
- Big jumbo lender, by loan volume.
- Offers a strong variety of jumbo loan types for purchase and refinance.
ConsRead full review- Jumbo loans represent a small share of total home lending for NBKC.
- Customer service is only accessible over the phone for many mortgage customers.
State Employees' Credit Union: Best for North Carolina borrowers
- Why we like itState Employees’ Credit Union in North Carolina is worth checking out for those who meet its membership criteria — especially its low jumbo rates. But jumbo loans make up a small share of SECU's total home loans.Pros
- Offers exceptionally low average jumbo rates compared with other lenders.
- Big jumbo lender, by loan volume.
ConsRead full review- Loans only available in five states.
- Doesn’t offer government-backed mortgages.
Understanding jumbo loan limits
Jumbos are examples of nonconforming loans — conventional mortgages that exceed the loan limits set by the Federal Housing Finance Agency or fall outside underwriting guidelines established by Fannie Mae and Freddie Mac.
Loan limits for conforming loans vary; they are highest in the country’s most expensive areas. In 2026, the limits for conforming loans are:
- $832,750 for a single-family home in most areas of the U.S.
- Up to $1,249,125 for high-cost areas, such as San Francisco or Virginia’s Arlington County.
Borrowers seeking mortgages above those amounts will need to consider jumbo loans.
More from NerdWallet
Last updated on January 12, 2026
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 more than 40 mortgage lenders, including the majority of the largest U.S. mortgage lenders by annual loan volume (measured among lenders with 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) average jumbo interest rates, (4) average jumbo origination fees, (5) the range of jumbo loan types offered, (6) their rate transparency, and (7) 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 2024 HMDA data for origination volume, origination fee, average interest rate and share-of-product data.
