Mortgage Broker in Austin for Jumbo & Non-QM Loans

In Texas, the 2026 conforming loan limit for a one-unit property is $832,750 Any mortgage above this amount is considered a jumbo loan.

Because home prices in communities like West Lake Hills, Tarrytown, Allandale or Northwest Hills often exceed this threshold, jumbo mortgages are the standard financing option for many Austin buyers.

With strong qualifications, jumbo loans can reach well into the multi-million range. Approval depends on factors like credit score, loan-to-value ratio, and reserves. Higher credit and more reserves unlock lower jumbo rates and better terms.

No. While a 750+ score helps secure the best jumbo pricing, borrowers with slightly lower scores can still qualify if they show compensating strengths, such as a larger down payment or significant liquid assets.

Yes. We offer non-QM jumbo programs like bank-statement mortgages and asset-depletion loans. These allow entrepreneurs, consultants, high net worth individuals and retirees who want to live in Austin qualify without relying on W-2s or traditional tax returns.

Eligible properties include single-family homes, condos, townhomes, second homes, and 2–4 unit investment properties. We match you with jumbo lenders that offer the best fit for your property type.

30-year jumbo mortgage rates are often very competitive with conventional loan rates—and in some cases, even lower. Many Austin borrowers are choosing jumbo ARM rates like a 7/1 or 10/1 if they expect to refinance, sell, or relocate within a few years. We compare current jumbo mortgage rates across lenders to ensure you secure the best structure for your situation.

With LendFriend, qualified borrowers can secure ultra competitive rates on jumbo financing with as little as 10% down through a 90% combined loan-to-value structure. This is achieved by pairing a competitively priced jumbo first lien with a strategically layered second lien—allowing buyers to preserve liquidity while maintaining strong pricing on the primary balance.

Many lenders permit at 10% down, but the rate is quite high. Many still prefer 20% down for optimal pricing—especially on larger loan amounts, luxury condos, second homes, or investment properties. But when structured properly through a mortgage broker with access to multiple jumbo investors, 5% down is a legitimate and competitive option for well-qualified Texas buyers with strong credit, documented income, and solid reserves.

We often recommend 20% down for borrowers. But for clients who value liquidity, flexibility, and capital efficiency, evaluating 10% down structures can be a smart move—especially when those options are priced through a broker with broad jumbo access.

Owners in Westlake, Tarrytown and Barton Creek who want cash without a second lien often choose a jumbo cash-out refinance, which folds the existing balance and the new funds into one jumbo mortgage. Because Austin properties fall under the Texas Section 50(a)(6) rules, the new loan cannot exceed 80% of the appraised value, and reserve requirements rise with the loan amount. A VA cash-out refinance or a VA jumbo cash-out refinance is also open to eligible veterans in Austin, with no monthly mortgage insurance and the same 80% state limit.

The most reliable way to confirm you're getting a strong rate is to compare your Loan Estimate across multiple lenders. If you already have a quote from a bank or online lender, LendFriend Mortgage offers a Meet or Beat review for Texas residents purchasing a primary residence or second home.

Simply share your existing Loan Estimate and we’ll compare it against multiple lenders that actively originate jumbo mortgages in Texas. In many cases, we’re able to meet or beat the quote by identifying a lender currently offering stronger pricing for your specific loan scenario.