San Antonio’s housing market remains healthy and home financing options that were once impossible, are now readily available in 2025. This is especially the case when discussing new high-balance Jumbo financing programs. The expanded Jumbo programs today permit down payments as low as 5% for qualified home buyers.
Below we will review all the San Antonio Jumbo home financing details, buyers who have questions can contact us by calling 7 days a week, or just submit the Quick Contact Form found on this page.
The first thing home buyers should recognize is the primary difference between a conforming loan and a Jumbo loan. Simply put, a conforming mortgage is one that “conforms” to Fannie Mae or Freddie Mac guidelines that most banks and lenders follow.
This basically pertains to the loan amount limit, which is set to $806,500 for all of Bexar County and the entire state of Texas in 2025. Any loan amount that exceeds this would be considered a “Jumbo” mortgage. Please see the chart below for muti-unit properties in Texas, please reference “most areas”
The approval process for Jumbo loans works pretty much the same as conventional loans. Buyers need to provide proper documentation as it relates to income, assets, etc. Buyers need to demonstrate a stable employment history, have debt within the allowable limits, etc.
San Antonio Jumbo Financing Details:
- Financing up to 95% loan to value with approved credit of 700 or greater. Maximum loan amount $1.5mil
- Financing up to 90% loan to value with approved credit of 700 or greater. Maximum loan amount $2.5mil
- Financing up to 85% loan to value with approved credit of 720 or greater if the loan exceeds 2.0mil. Maximum loan amount $3.0mil
- No monthly mortgage insurance
- Standalone and combo loan options – like 80-15 or 80-10
- Terms include all common 30-year, 15-year fix rate, etc, in addition to 5/1, 7/1, 10/1 ARM terms
- Rate-term and cash out refinance programs available
- High-balance VA loans available to eligible Veterans throughout Texas. 100% VA Jumbo financing up to $4,000,000 loan amounts for eligible Veterans. Learn more about VA Jumbo loans on the Jumbo Purchase page.
- Closing in as little as 2 weeks
Note: Buyers can read helpful questions on the Jumbo FAQ page here. Please call us 7 days a week to learn more.
San Antonio Approval Requirements:
- The property must be a full-time primary residence or a second home. Investment homes are allowed with an additional down payment.
- Single-family homes, and condos, are eligible. Farms, Land, and Lot loans are not eligible.
- Full income and asset documentation are required. No options for stated or no documentation loans
- Payment reserves will be required, the amount will depend on the down payment, credit, etc. Please learn more on the pages above.
Please connect with us today to learn more about all the Texas financing options by calling or submit the Quick Contact Form below.
