If you're looking to buy a home priced north of $800,000, there's a good chance you'll be seeking to qualify for a jumbo loan. That type of mortgage is designed to serve the market for higher-value properties. Jumbo loans are unique in some important ways, including how you qualify. What is a jumbo loan? The type of mortgage loan for properties priced above the single-family "conforming loan" limits set by the Federal Housing Finance Agency is known as a jumbo loan. For 2025, conforming mortgage loans ...