Above the $806,500 conforming limit, competitive rates, and no compromises. Expert guidance for high-value properties from Alex Sarkeshik and the Optimum First Mortgage team.
A jumbo loan exceeds the Federal Housing Finance Agency (FHFA) conforming loan limits—currently $806,500 for most California properties. These portfolio loans are designed for high-value properties and borrowers with strong financial profiles.
While jumbo loans carry stricter qualification requirements than conforming loans, we work with you to structure your financing around your income, assets, and long-term goals. Alex Sarkeshik specializes in making jumbo lending accessible for qualified California homebuyers and investors.
Jumbo loans offer flexibility in loan amounts, property types, and terms—allowing we to craft solutions that match your unique financial situation.
Unlock premium financing options tailored to high-value properties and discerning borrowers.
Finance luxury properties and high-value real estate without artificial lending ceilings. We structure jumbo loans from $800k to $5M+.
Access market-competitive interest rates on jumbo loans. We compare rates from multiple lenders to secure your best offer.
Choose traditional 30-year fixed, 20-year, 15-year terms, or adjustable-rate mortgages (5/1, 7/1, 10/1 ARMs) to suit your needs.
Finance primary residences, second homes, investment properties, and luxury estates. We support diverse borrowing scenarios.
Jumbo loans require stronger financial profiles. Here's what we typically see from approved borrowers:
See how jumbo loans compare to traditional conforming mortgages:
| Feature | Jumbo Loan | Conforming Loan |
|---|---|---|
| Loan Limit | $806,501+ | $766,200–$806,500 |
| Down Payment | 20–30% | 3–20% |
| Credit Score | 700–720+ | 620+ |
| Debt-to-Income | 43% or lower | 43–50% |
| Loan Duration | 15–30 years (fixed); ARMs available | 15–30 years (fixed); ARMs available |
| Interest Rates | Competitive, portfolio-based | Lower (agency-backed) |
| Closing Timeline | 30–45 days typical | 21–30 days typical |
| Property Types | Primary, second home, investment | Primary, second home, investment |
Alex Sarkeshik and Optimum First Mortgage specialize in serving California's most discerning borrowers:
Established homeowners upgrading to luxury properties in competitive CA markets. We help you transition confidently to higher price points.
Seeking premium homes in prestigious neighborhoods. Our expertise in high-value transactions ensures smooth, professional closings.
Doctors, lawyers, executives, and entrepreneurs with strong income but complex financial profiles. We understand your situation.
Real estate investors and entrepreneurs seeking portfolio loans for primary residences, second homes, or investment properties.
A streamlined, transparent four-step process from application to keys in hand:
Submit financial documents and property information. We review your profile, check credit, and issue a pre-approval letter within 2–3 business days.
We order appraisal, verify income and assets, and submit your file to underwriting. Turnaround: 7–10 business days. We keep you updated throughout.
Once underwriting approves, we schedule final review and obtain your closing disclosure. Final walkthrough, verify funds, and confirm closing date.
Sign closing documents with a title company or attorney. We fund your loan, record documents, and send keys. You're a homeowner.
Common questions about jumbo loans, answered:
Most jumbo lenders require a minimum credit score of 700–720, though some programs may go lower. Higher scores (740+) secure better interest rates. Alex reviews your entire financial profile—not just credit—to find the best jumbo program for you.
Standard jumbo loans require 20–30% down, but we work with lenders offering 15–20% options for well-qualified borrowers. The trade-off may be a slightly higher interest rate or additional reserves required. Let's discuss your situation and explore all available options.
From application to closing typically takes 30–45 days—slightly longer than conforming loans due to additional underwriting. We manage the timeline carefully, keep you informed at every step, and work to close on your target date.
Jumbo rates are typically 0.25–0.5% higher than conforming rates, reflecting additional lender risk. However, market conditions and your credit profile affect rates. We shop multiple jumbo lenders to secure the most competitive rate available for your loan.
We're here to answer your questions and discuss your jumbo financing options. Call or email to get started.