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Maricopa CountyJumbo & Conventional Loans in Scottsdale, Arizona
Financing a Scottsdale home above the conforming loan limit — or want a standard conventional loan? We compare both paths across multiple wholesale lenders.
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Jumbo & Conventional Loans · Scottsdale
Local jumbo & conventional loan help for Scottsdale
A jumbo loan finances a home purchase or refinance in Scottsdale above the 2026 conforming loan limit of $832,750, while a conventional (conforming) loan covers anything at or below that amount. ASJ Mortgage Solutions compares both paths across multiple wholesale lenders so you’re not over-financing when a conventional loan would do.
Scottsdale’s market runs from condos near Old Town to large custom homes backing the McDowell Mountains in North Scottsdale. Because more purchases here land above the conforming loan limit, we spend extra time up front confirming whether you’re better served by a jumbo program, a larger conventional loan, or a different down-payment structure altogether.
Why Scottsdale chooses ASJ
A broker in your corner
Licensed broker, not one bank
We’re a licensed Arizona mortgage broker (NMLS #1909669) with access to multiple wholesale lenders, so we shop your loan instead of handing you one bank’s rate.
No-fee loan options
Choose a no-lender-fee structure or a lower-rate option with fees — we lay out both so you can decide what’s worth it.
Local, hands-on service
We’re based right here in Peoria and available after hours and weekends — not a call center, not a 9-to-5 office.
Built for fast closings
Most ASJ-originated loans close in around 21 days once your file is complete, with e-sign options through many of our lender partners.
At a glance
Jumbo vs. Conventional in Arizona
$832,750
2026 conforming limit for most AZ counties (FHFA)
Jumbo loan
Applies above that amount — stronger credit & reserves typical
As low as 3%
Conventional minimum down for qualified first-time buyers
Removable
PMI on conventional loans, once ~20% equity is reached
Simple process
How it works
1 · Apply
Share two years of tax returns, asset statements, and your target purchase price or loan amount.
2 · Approve
We confirm conforming vs. jumbo financing, verify reserves, and shop your file across multiple wholesale lenders.
3 · Close
Once the appraisal and conditions clear on your Scottsdale home, we move to closing — typically around 21 days for well-documented files.
Trusted by Scottsdale homeowners
Real reviews from real Arizona borrowers
We earn trust one closing at a time.
Good questions
Jumbo & Conventional Loans in Scottsdale — FAQs
What makes a loan “jumbo” instead of conventional in Scottsdale?
In most of Arizona, including {name}, a loan becomes “jumbo” once it exceeds the 2026 conforming loan limit of $832,750 set by the Federal Housing Finance Agency. Loans at or below that limit can typically be financed as standard conventional (conforming) loans.
How much down payment do I need for a jumbo loan?
Down payment requirements for jumbo loans vary by lender and credit profile, but many programs look for at least 10–20% down, along with stronger credit and documented cash reserves.
What credit score do I need for jumbo financing?
Jumbo lenders generally look for higher credit scores than conventional financing, often in the 700+ range, though exact requirements vary by lender and loan amount.
Can I put less than 20% down on a conventional loan?
Yes — many conventional programs allow down payments as low as 3–5% for qualified borrowers, though private mortgage insurance (PMI) typically applies until you reach roughly 20% equity.
Do jumbo loans require more documentation?
Generally, yes. Expect to provide multiple years of tax returns, detailed asset statements, and proof of reserves, since jumbo loans aren’t backed by Fannie Mae or Freddie Mac.
Can I refinance out of a jumbo loan later?
Often, yes. If your loan balance drops below the conforming limit through paydown (or rising conforming limits) and your home’s value supports it, refinancing into a conventional loan may become an option.
Is jumbo financing common in Scottsdale?
Very common. A large share of Scottsdale homes, especially in North Scottsdale and DC Ranch, sell above the conforming limit, which makes jumbo financing one of the most frequent programs we quote here.
Get started in Scottsdale
Let’s find your number
Start the short survey and we’ll follow up with a clear next step. Prefer to talk? Call (480) 422-4380 or text (480) 376-7355.
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