Jumbo Loan

A jumbo loan finances a property purchase above the Fannie/Freddie conforming loan limit. Because these loans can't be sold to the GSEs, lenders hold them in portfolio or sell them to private investors, which means tighter underwriting: higher credit score (usually 700+), 10%–20% down payment minimum, and often 6–12 months of reserves.

Jumbo is common for luxury purchases and high-cost-of-living markets (Bay Area, NYC, Miami). Crypto-backed mortgages are often structured as jumbo or non-QM because borrowers tend to have high-value properties and complex income.

Why it matters for Milo customers

Milo crypto-backed mortgages routinely cross the jumbo threshold ($766,550+ in 2026, higher in high-cost areas). The crypto collateral structure is well-suited to jumbo and super-jumbo financing where conventional qualification is harder.

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