With a median price of $1,150,000, most Steamboat Springs home purchases exceed Routt County's $1,089,050 conforming limit — making jumbo financing the standard, not the exception. Jumbo loans above $1,089,050 are not sold to Fannie Mae or Freddie Mac and are instead underwritten by portfolio lenders, each with their own guidelines. Down payment requirements typically start at 20% ($230,000) and can go lower on select programs with strong credit profiles.
Jumbo lenders in Steamboat Springs typically require 720+ credit score, 12 months reserves, and full documentation. For self-employed buyers or those with complex income, bank statement and asset depletion programs are available through our non-agency lenders. We access 40+ jumbo lenders to find the best rate for your specific profile.
Asset depletion, bank statement, and ITIN jumbo programs available for Steamboat Springs 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