Jumbo Renovation Loans

what is a jumbo renovation loan?

With our jumbo renovation financing, you can take out one loan to cover the purchase of your home AND any renovations you want to make right away — even if it’s above the conforming loan limit. Plus, just 5% down is required.

Your dream home awaits!

program details

  • 5% down payment required
  • Available with 7/1 and 5/1 adjustable-rate mortgage (ARM)
  • Single-unit, primary residences only
  • Available for new purchases or as a refinance
  • Renovation work must include remodeling or adding an addition to the existing home

jumbo loans

A jumbo loan is any home loan that exceeds a specific threshold called the conforming loan limit. The same goes for jumbo renovation loans – if the total loan amount is above the conforming loan limit, it’s considered “jumbo.”

The 2023 conforming loan limit for a single-family home is $726,200. Loan limits can be higher in some high-cost areas of the United States, though.

In many cases, if your loan amount is above the conforming limit, you’ll have to get multiple mortgages or put a larger amount down. However, with jumbo loans that’s not the case. We can offer you one loan to cover the entire cost of the home (and in the case of jumbo renovations, the entire cost of the home and your renovations).

This is great news for anyone wanting to make major renovations like adding a new master bath, guest suite, in-home theater – you name it. We’ve got you covered.


Contact your loan originator to learn more. All loan requests are subject to credit approval as well as specific loan program requirements and guidelines. With adjustable-rate mortgages, the interest rate is variable and may increase or decrease after the initial fixed rate period based on changes to an index. This could result in an increase in the monthly payment. Geographical restrictions may apply.