A mortgage that exceeds the conforming loan limit set by FHFA. In most Florida counties, that means any loan above $832,750 (2026). Jumbo loans typically require higher credit scores (700+), larger down payments (10-20%), and more reserves. Interest rates may be slightly higher than conforming loans.
Definition reviewed by Renzo Johnson, Licensed MLO, NMLS #PENDING. Last updated February 2026.