Homebuyers in Wisconsin have newly expanded Jumbo mortgage options and loan amount limits. The reduced down payment programs offer eligible and approved borrowers financing options up to 95%.

Mortgages in 2023 are categorized as Jumbo if the loan amount exceeds $726,200, this has increased from last year’s limit of $647,200. This is good news for buyers that want to purchase in more expensive locations of Milwaukee, Green Bay or Madison.

The continued expansion of 90% and 95% low down payment options are perfect for borrowers seeking financing without 20% down. Each program does have limitations and basic requirements which we will review below. Please contact us 7 days a week with questions, or to learn more about applying. Buyers can simply call the number above or just the Quick Contact form on this page for fast service.

NOTE: some loan limit requirements have changed in recent months, please visit the main home page for more details.

Wisconsin 5% Down Jumbo:

$1,500,000 loan limit
680 credit required. If the loan amount exceeds $1.5mil, 740 credit will be needed
Owner occupied and second home properties eligible. Single Family, townhomes, most condos
30 or 15 Fix Rate, or common adjustable rate terms with no PMI

Wisconsin 10% Down Jumbo:

$3,000,000 loan limit
680 credit required, the exact will depend on the overall loan amount. If the loan amount exceeds $2mil, 740 credit will be needed
Owner-occupied and second home properties eligible. Single Family, townhomes, most condos
30 or 15 Fix Rate, or common adjustable rate terms with no PMI

Buyers are encouraged to review more detailed lender requirements on the Jumbo Purchase page. Regular and Cash-Out refinance programs are also available.