High Balance Nationwide
The High Balance Nationwide Product is a variation on a high balance conventional loan. It is underwritten mostly to Fannie Mae guidelines, with the exception of some overlays. This means that some loans that would generally have to go Jumbo can now remain in a high balance product. These loans will have a loan amount that is $1 greater than the county loan limit, up to $726,525.
High Balance Conventional Loans
High balance conventional loans bridge the gap between standard conforming loans and jumbo mortgages, offering competitive financing for homes that exceed conventional loan limits but don't require jumbo loan terms. These loans provide an excellent solution for buyers in higher-cost areas or those purchasing above-average priced properties.
What is a High Balance Loan?
High balance loans are conventional mortgages that exceed the standard conforming loan limit ($806,500 in 2025 for most areas) but fall below the limits set for high-cost counties. These limits vary by location and can reach up to $1,209,750 in expensive markets. Unlike jumbo loans, high balance loans are still backed by Fannie Mae and Freddie Mac, often resulting in better rates and more favorable terms.
Key Advantages
- Lower rates than jumbo loans while financing higher loan amounts
- Fannie Mae and Freddie Mac backing for added stability and competitive pricing
- Flexible down payment options starting as low as 10-15%
- Nationwide availability in eligible high-cost counties
- Streamlined underwriting compared to jumbo loan requirements
- Multiple property types accepted including primary residences, second homes, and investment properties
Qualification Requirements
While requirements vary by lender, most high balance loans require a credit score of at least 680-700, with better rates available for scores above 740. You'll typically need a debt-to-income ratio below 43%, documented income and assets, and a down payment of 10-20% depending on the loan amount. Cash reserves of 2-6 months are often required.
Loan Limits by Location
High balance limits are determined by county and adjusted annually based on median home prices. In high-cost areas, you can borrow significantly more than the standard conforming limit while still enjoying the benefits of conventional loan backing. Check with us to find the exact limit for your target area.
Ready to Finance Your Dream Home?
Whether you're buying in a competitive market or upgrading to a higher-priced property, high balance loans offer the perfect financing solution. Contact us today to learn about current rates, county-specific loan limits, and how much home you can afford.
Lower Rates
Lower Interest Rates Than Jumbo Loans
Flexible Standards
More Flexible Qualification Standards
Higher Borrowing Power
Higher Borrowing Power in Expensive Markets
Looking for a High Balance Mortgage?
High balance loans are ideal for borrowers purchasing homes in South Florida other high-cost markets. They're perfect for buyers who need more than the standard conforming limit but want to avoid the stricter requirements and higher rates of jumbo financing.