Jumbo Loans in Mesa, AZ

Las Sendas, Red Mountain Ranch, and hillside custom homes are Mesa's jumbo pocket. Views cost more than the conforming limit.

Jumbo Loans in Mesa: what you need to know

A jumbo loan is any mortgage above the conforming loan limit set annually for Maricopa County. Jumbo loans are underwritten to the lender's own guidelines, which means structure, reserves, and documentation matter more than on a conforming loan, and the right lender can make a big difference in rate and approval.

• Financing well into the multi-million range for purchases and refinances
• 10% to 20% down options for strong borrowers
• Fixed and ARM structures, including interest-only where appropriate
• Asset depletion, bank statement, and RSU income options for complex borrowers
• VA jumbo with zero down for eligible veterans

The Mesa market

Mesa is the largest suburb in the country and the most affordable big city in the East Valley. First-time buyers, multi-generational households, and investors all compete for the same inventory. Eastmark and the southeast side deliver new construction, Las Sendas and Red Mountain bring the higher-end views.

How Ricky's team handles jumbo loans in Mesa

Every file starts with a 15-minute strategy call. We map your goal, run the numbers on jumbo loan against the alternatives, and issue a pre-approval that has been reviewed by a human underwriter, not a pre-qualification from a form. You get weekly updates, one point of contact, and a closing date we hit. Ricky Khamis has been lending in the Valley since 1999, is an 82nd Airborne veteran, and personally reviews jumbo loan files.

Frequently asked questions

What is the jumbo loan limit in Mesa?

Any loan above the conforming limit for Maricopa County is a jumbo. The limit is updated every January. Call for the current number and how your loan amount lands against it.

How much down do I need for a jumbo loan in Mesa?

Typically 10% to 20% depending on loan amount, credit, and reserves. Larger loan amounts require more down and more reserves.

Are jumbo rates higher?

Not necessarily. Jumbo pricing is often at or below conforming for strong borrowers. We price both and show you.

I'm self-employed. Can I get a jumbo loan in Mesa?

Yes. Full-doc with two years of returns is the standard path, and bank statement or asset-based programs exist for borrowers whose returns understate their income.

Source: Ricky Khamis, President of EPiQ Lending, NMLS #173141, Scottsdale, Arizona. Program guidelines change; contact us for current terms. Not a commitment to lend.