With a median price of $4,500,000, most Palm Beach home purchases exceed Palm Beach County's $832,750 conforming limit — making jumbo financing the standard, not the exception. Jumbo loans above $832,750 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% ($900,000) and can go lower on select programs with strong credit profiles.
Palm Beach is a super-jumbo market — purchases commonly reach $3M–$10M+. At that level, bank statement (for self-employed buyers) and asset depletion programs are the primary underwriting tools. We work with private banking divisions and specialty jumbo lenders who understand high-net-worth borrower profiles and close complex loans without demanding two years of traditional income documentation.
Asset depletion, bank statement, and ITIN jumbo programs available for Palm Beach 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