In 2025, the standard conforming loan limit is $806,500 for a single-family home in most counties. Any mortgage above that limit is a jumbo loan — and it plays by different rules. Because jumbo loans can't be sold to Fannie Mae or Freddie Mac, the lender takes on the full risk, which means stricter credit requirements, larger down payments, and more thorough income documentation.
If you're buying in Greenwich, Darien, New Canaan, Westport, Wilton, Ridgefield, or Weston, there's a good chance your purchase price exceeds conforming limits. Median home prices in these Gold Coast communities regularly push well into jumbo territory. The same is true for luxury properties in other desirable CT markets like Avon, Simsbury, and Glastonbury.
Credit score: Most programs require 700 minimum, with best rates at 760+. Down payment: Typically 10-20% for loans under $2M, 20%+ above that. Reserves: 6-18 months of total housing payments in liquid assets. Income documentation: Two years of tax returns, W-2s or 1099s, and thorough analysis of any business or investment income.
The most common reason jumbo loans fall apart is income documentation. Fairfield County buyers often have complex income: base salary plus RSUs, K-1 partnership income, LLC distributions, deferred compensation, or retirement drawdowns. A lender who doesn't understand how to calculate and document these income types will either decline the loan or take months to close it.
AFC Mortgage Group has been navigating high-value Connecticut real estate for over 25 years. We analyze your returns the way the Approval Team will — calculating qualifying income correctly the first time.
Jumbo rates have historically carried a small premium over conforming — typically 0.25% to 0.75%. For well-qualified borrowers with 25%+ down and excellent credit, jumbo rates can sometimes match or beat conforming. Jumbo loans are available in 30-year fixed, 15-year fixed, and various ARM structures.
Our pre-approval letters carry weight in Fairfield County because we've been doing this for 25+ years and we don't issue them speculatively. Sellers and their agents want financing that's bulletproof — our in-house processing and experienced Approval Team deliver that.
Call (203) 452-9899 to discuss your jumbo financing.
AFC Mortgage Group LLC | NMLS #2801 | Monroe, CT
Become homeowners. AFC Mortgage Group will help you navigate the loan process, secure financing, and purchase your dream home.
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