30-Year Fixed Jumbo Loans, competitive rates with no points
A big decision—simplified

  • LTV up to 95%
  • No pre-payment penalty

Apply for a 30-Year Jumbo Loan in San Diego now

Apply today at your nearest branch, online or on the phone at 800.500.6328, ext. 2039.

A new home or property is a big deal—let us help. All San Diegans are welcome!

Jumbo Home Loans - Mission Fed in a Minute Video

Earn Cash Rewards equal to 20% of your network agent’s commission with HomeAdvantage®

Buying a home or investing in a new property involves a lot of decisions, and sometimes it’s hard to know where to begin. That’s why we’d like to introduce you to HomeAdvantage. Not only can you earn Cash Rewards equal to 20% of your network agent’s commission, you can also search for a home online and choose a Real Estate agent from our preferred network of prescreened agents. Find out more here.

Mission Fed Home Loan Guide

Everything You Need to Know About Home Loans

  • Understand important terminology
  • Information for first-time buyers
  • Mistakes to avoid
  • How to determine what you can afford
  • And more!
Get Your Home Mortgage Loan Guide Now

What are Jumbo Loan Programs?

A jumbo mortgage loan is just what it sounds like—a large Home Loan. Jumbo loan programs can also be referred to as a non-conforming mortgage because it doesn’t conform to the loan limits created by Congress via the Federal Home Loan Mortgage Corporation (sometimes referred to as Freddie Mac) and the Federal National Mortgage Association (FNMA, sometimes referred to as Fannie Mae). These government-sponsored enterprises are privately owned companies that receive support from the federal government to help make sure that the mortgage market remains stable and affordable. Jumbo loans do not conform to the guidelines created by these organizations because they exceed the established loan limits. Therefore, a jumbo loan is typically used when you need a loan larger than the conforming loan limit where you live. San Diego jumbo mortgage loans begin above $424,100. Mission Fed offers financing for jumbo loan amounts up to $2.5 million for qualified buyers.

How to qualify for a Jumbo Loan

Qualifying for a jumbo loan is not much different than qualifying for a conforming home loan. Your credit score and credit history, amount of down payment, debt-to-income ratio and money remaining after closing will all be taken into consideration when you apply for a jumbo loan. Generally speaking, credit score requirements for jumbo loans are the same as for conforming loans, but jumbo home loans can require that you have about a year’s worth of total monthly housing payments left over after closing between your liquid and retirement savings assets. However, if you have a high down payment and a low debt-to-income ratio, you may qualify for a jumbo exception.

Jumbo home loans can sometimes offer more flexibility than a conforming loan, particularly if you have significant cash reserves. You may be able to qualify for a fixed-rate jumbo loan even with a higher debt-to-income ratio, or you may be able to put less than 20 percent down without a mortgage insurance requirement. Additionally, income calculations for a jumbo loan can be more reasonable than for a conforming loan. Talk to a Mission Fed representative today about whether a Mission Fed Jumbo Loan can help you create your own Mission Fed Moment!

30-Year Jumbo Loan from Mission Fed

If you’re dreaming big for your next home, a non-conforming loan like a 30-Year Fixed Jumbo Home Loan from Mission Fed can help make your dream home a reality.

A 30-year fixed mortgage rate allows you to stick to your monthly budget, meaning that for the life of the mortgage loan, there will be no surprises or increases when it comes to your interest rate, so you can focus on how to make your house truly yours. Just remember that we’re flexible as well—as long as you continue to make your monthly payment on time and can budget paying a little more. Plus, there are no pre-payment penalties!

Your Mission Fed Jumbo Loan can be used to either purchase or refinance your home from another lender. And whether you’re planning on living downtown or in the country, Mission Fed will be by your side to help you with the home-buying process. Our low down payment options help make it easy for you to get approved for a mortgage loan and be one step closer to the home of your dreams.

Applying for a 30-Year Jumbo Loan

Applying for a Mission Fed Jumbo Home Loan with up to a 30-year fixed mortgage rate is simple. Click our “Make an Appointment” button above to schedule your appointment with a loan specialist at your nearest branch, or apply online or call us today at the number listed above. We look forward to making your home-buying dreams become a memorable experience with our Mission Fed Jumbo Home Loan.

Certain restrictions may apply to our 30-year fixed jumbo loans. All accounts and loans subject to approval. Programs, rates, terms, conditions and services are subject to change without notice and may vary based on credit qualifications and collateral. Visit a branch or call us for details. 2/18

Branch/ATM Locator

Search for Mission Fed Branches and ATMs, or 30,000 CO-OP Network ATMs Nationwide