Idaho Jumbo Mortgages: High-Value Home Loans

Secure financing for luxury properties in Eagle, Meridian, Sun Valley, and beyond without the stress.

If you are looking to secure an Idaho Jumbo Mortgage for a home that exceeds the FHFA 2025 conforming loan limits, you need a partner who understands high-balance financing. In most Idaho counties, any loan exceeding $832,750 is considered a “Jumbo Mortgage.”

Jumbo vs. Conforming Loans: What’s the Difference?

Understanding the difference between a standard loan and a Jumbo loan is critical for your financing strategy.

Serving Idaho’s Premier Luxury Markets

1st Choice Mortgage isn’t just a national call center; we are local experts. We specialize in structuring loans for Idaho’s unique high-value real estate markets, including:

• ✅ Eagle & Star: Acreage estates and waterfront properties.
• ✅ Boise Foothills: North End historic homes and custom builds.
• ✅ Sun Valley & Ketchum: Vacation homes and high-cost county financing.
• ✅ Coeur d’Alene: Lakefront luxury and second homes.

Our Jumbo Loan Options

Whether you are buying your dream home or refinancing to lower your rate, our Jumbo programs are flexible.

Program Highlights

• Loan Amounts: From $832,750 up to $2.5 Million.
• Purchase Loans: Up to 90% LTV (Loan-to-Value) with no Mortgage Insurance (MI) on select programs.
• Refinance (Rate & Term): Lower your monthly payment with competitive Jumbo rates.
• Cash-Out Refinance: Access equity for investments or home improvements (up to 75-80% LTV).
• Property Types: Primary Residence, Second/Vacation Homes, and Investment Properties.
• Speed: We prioritize Jumbo files. Typically close in 25 days or less.
• Interest Only Options
• 40 Year Term Options

Frequently Asked Questions

What is the requirement for “Reserves”?

Jumbo lenders want to ensure you can pay the mortgage if your income stops temporarily. “Reserves” refers to liquid cash remaining after closing (Checking, Savings, Stocks, IRAs). Most Jumbo loans require 6 to 12 months of mortgage payments in reserve.

Are Jumbo rates higher than regular rates?

Historically, yes. However, market dynamics change constantly. In some economic environments, Jumbo rates can actually be lower or very competitive with conforming rates. Contact us for today’s specific rate quote.

💡 Expert Advice from 1st Choice Mortgage

Jerry Robinson, Broker/CEO & The Team | NMLS #380736, #4475
We have been helping Idaho families secure high-balance financing for over a decade. We understand self-employed income, complex tax returns, and the specific appraisal requirements for luxury Idaho homes.