Financing for homes above the 2026 conforming limit of $832,750. Stronger credit and reserve expectations, premium documentation — but with strong financials, a jumbo in Texas can close as smoothly as a conforming loan. New low-down-payment options now exist too.
A jumbo loan is any mortgage larger than the conforming loan limit set by the FHFA. For 2026, no Texas county is classified as high-cost, so the standard limit of $832,750 applies statewide for a one-unit home. Any loan above that amount is "jumbo" and can't be bought by Fannie Mae or Freddie Mac — so it's held by private lenders with their own underwriting.
For a borrower with solid credit, stable income, and reserves, a Texas jumbo can close about as smoothly as a conforming loan. And new low-down-payment jumbo options (some to 5–10% down) have emerged for strong buyers in Houston, Dallas, Austin, and San Antonio.
Reserve, credit, and DTI requirements are partly lender "overlays," not universal rules. As a broker I shop multiple jumbo investors — so if one lender's reserve or credit floor is too tight, another may fit. That's the advantage of not being tied to one bank.
Principal & interest only — excludes taxes, insurance, and HOA. Estimate for illustration only, not an offer or approval.
20% down, 740 credit
Bank-statement jumbo
High earners who write off heavily on taxes can use a jumbo non-QM path — qualifying on bank-statement deposits instead of tax returns. Strong fit for business owners buying above $832,750. See the Jumbo Non-QM page.
| Feature | Conforming | Jumbo |
|---|---|---|
| Max loan (TX 2026) | $832,750 | Above $832,750 |
| Min credit (typical) | 620 | 680–720+ |
| Min down (typical) | 3%–5% | 10%–20% |
| Reserves | Lighter | Often 12 months |
| Rates | Usually lower | Often slightly higher |
| Backed by Fannie/Freddie | Yes | No (private) |
Sometimes a first loan at the conforming limit plus a second lien keeps you out of jumbo territory entirely — avoiding the stricter jumbo terms. I'll run both structures so you can compare.
Let's structure your jumbo the smart way — best rate, right reserves, and a side-by-side with the 80/10/10 alternative. No cost, no obligation. English & Turkish.