Jumbo Refinance – Florida Lender
A Jumbo Refinance is designed for homeowners with high-value properties that exceed standard conforming loan limits. Whether you want to lower your interest rate, reduce monthly payments, or access equity for major financial goals, jumbo refinancing offers flexible solutions tailored to larger loan amounts.
These programs are ideal for borrowers with strong credit profiles, stable financial assets, and significant home equity. With a variety of fixed and adjustable-rate options, a jumbo refinance can help ensure your mortgage aligns with your long-term financial strategy.
At Select Home Loans, we specialize in guiding Florida homeowners through the jumbo refinance process with clarity, speed, and competitive loan options.
Apply Now
Jumbo loans finance homes that exceed the conforming loan limit set by Fannie Mae and Freddie Mac (currently $806,500 in most Florida counties, higher in select high-cost counties). Florida's coastal markets — especially Naples, Boca Raton, Miami Beach, Sarasota, and the Florida Keys — see a high concentration of jumbo financing.
Jumbo loans have stricter underwriting than conforming loans (typically 700+ credit, 10–20% down, and stronger reserves), but rates are often competitive with conforming rates. We work with multiple jumbo investors so we can match your scenario to the right program.
Specialty jumbo products are also available: bank-statement jumbo for self-employed borrowers, asset-depletion jumbo for high-net-worth retirees, interest-only jumbo for cash-flow planning, and non-warrantable condo jumbo for certain high-rise Florida properties.
Loans above the conforming limit are jumbo. The conforming limit is $806,500 in most Florida counties for 2025; some high-cost counties have higher ceilings.
Standard jumbo programs require 10–20% down. Some specialty programs allow 5% down up to specific loan amounts.
Some jumbo programs allow PMI to keep down payments lower; many high-balance jumbos avoid PMI entirely with 20%+ down.
Yes — bank-statement jumbo programs qualify on 12 or 24 months of personal or business bank statements instead of tax returns.
We have jumbo programs that finance non-warrantable condos common in Florida high-rises (above 50% investor ownership, commercial space ratios, etc.).
