Jumbo Non-QM Loans in Ventura County, California

The 2026 conforming loan limit for a one-unit property in Ventura County is $1,035,000. A loan larger than this figure is a jumbo loan.

These 2026 limits apply to Thousand Oaks, Ventura, Ojai, Camarillo, and the rest of Ventura County:

• Single-unit property: $1,035,000

• Two-unit property: $1,325,000

• Three-unit property: $1,601,600

• Four-unit property: $1,990,450

Agoura Hills and the city of Westlake Village are in Los Angeles County, where the one-unit limit is $1,249,125. Homes in Westlake Village, Thousand Oaks, Ojai, and Agoura Hills regularly exceed both limits, so jumbo mortgages finance most higher-priced purchases here.

Lenders offer jumbo loans in California in amounts of several million dollars to borrowers with strong files. Credit score, loan-to-value ratio, and reserves set the ceiling for each approval. A borrower with high credit and substantial reserves will usually see lower rates and better terms.

No. Jumbo lenders price loans by credit score, and the best rates begin around 750. Applicants with somewhat lower scores may still be approved if they bring a larger down payment or hold substantial liquid assets.

Yes. We place self-employed and retired borrowers in Jumbo Non-QM programs, including bank statement loans and asset depletion loans. Growers, business owners, and retirees buying in Westlake Village or Ojai may qualify without W-2s or conventional tax returns. Income on a jumbo bank statement loan comes from 12 or 24 months of deposits, and the maximum loan is $7M.

Jumbo loans in Ventura County can finance single-family homes, condos, townhomes, and 2–4 unit properties. Our lenders finance a Lake Sherwood estate, a Dos Vientos home in Newbury Park, a Ventura Keys waterfront property, or an Ojai ranch. Properties with acreage, orchards, or equestrian facilities in Somis and Santa Rosa Valley may need a lender experienced with rural appraisals.

Rates on jumbo loans in Ventura County are often similar to conventional rates and are lower in some cases. Lenders pursue well-qualified borrowers in markets such as Westlake Village and Thousand Oaks, and the competition helps pricing.

The answer turns on how long you intend to keep the loan. With a 5/1 or 7/1 jumbo ARM, the rate stays fixed for five or seven years and typically begins under the 30-year fixed rate. A lower initial payment on a Westlake Village or Ojai purchase is the main appeal, and it is the reason ARMs have come back for jumbo borrowers. Executives who relocate often and buyers planning a refinance are common candidates. A short holding period raises its own question of whether an adjustable-rate mortgage is a poor choice before a sale.

The amount depends on the appraisal, the borrower's credit, and reserves. On a primary home, jumbo lenders often permit a loan of up to roughly 80% of value, with lower caps on very large balances. A jumbo cash-out refinance retires the current mortgage and delivers the remaining proceeds to owners in Thousand Oaks, Camarillo, and Ventura. Homeowners with VA entitlement may access more equity through a VA cash-out refinance or a VA jumbo cash-out refinance. VA loans of both kinds have no monthly mortgage insurance. The same factors shape every California cash-out refinance.

Eligible veterans and active-duty service members, including those stationed at Naval Base Ventura County in Point Mugu and Port Hueneme, may be able to use a VA loan above the conventional limit. Qualified borrowers may buy a higher-priced home in Camarillo, Ventura, or Oxnard with $0 down and no monthly PMI. Borrowers with full entitlement may find that VA jumbo loans carry no set loan limit.

Yes. Homeowners choose a jumbo refinance to secure a lower rate, fix the rate on an adjustable loan, or draw equity from a high-value home. Owners who are self-employed may prefer the refinancing options for business owners in California that rely on deposits for income.

Each bank adds its own overlays to jumbo guidelines, and a denial may say more about the bank than the borrower. Bonus income, RSUs, business income, and large asset balances are counted differently from one wholesale lender to the next. A broker can take the identical file to a lender with guidelines suited to it. Borrowers under contract have defined steps to follow when a jumbo loan is denied.

Jumbo loans on a primary residence in Ventura County usually require 10% to 20% down. A 10% down payment is available only to borrowers with strong credit and reserves, and second homes and investment properties need more. Lenders look at post-closing reserves along with the down payment. The specific minimums for jumbo and Non-QM mortgage down payments depend on program, occupancy, and loan amount. Escrow and title charges add to the cash needed, and average closing costs in California should be part of the budget.