Jumbo financing in Miami kicks in on any loan above $832,751 — just above Miami-Dade County's $832,750 conforming limit. While Miami's $625,000 median price falls below that threshold, buyers purchasing above $832,750 need jumbo underwriting, which uses portfolio lender guidelines rather than Fannie/Freddie rules.
Many Miami buyers — particularly second-home purchasers and self-employed buyers — show lower reported income relative to assets. Bank statement programs (12–24 months of deposits as income) and asset depletion programs (dividing liquid assets by the loan term to create qualifying income) are common solutions. Foreign national jumbo programs are also available for non-US-citizen buyers.
Asset depletion, bank statement, and ITIN jumbo programs available for Miami buyers who don't fit standard income documentation. Ask us about non-QM jumbo options.
We work with 40+ jumbo and portfolio lenders. Tell us your purchase price and income situation — we'll find the best rate and structure for your profile.
Tell us a little about you and we'll reach out personally — usually within one business day.
Or call (970) 708-9624