VA Jumbo Loan

What exactly is a VA Jumbo Loan?

When maximum financing for a VA Loan exceeds the current conforming limit of $484,350, it is considered a VA Jumbo Loan. While your VA Loan is insured up to the $484,350, VA Jumbo Loans allow you to go over that amount if you choose. In order to do so, you must be able to put a percentage of money down after the loan limit is met.

So how does a VA Jumbo Loan work? First, let’s imagine a veteran purchasing a home for $539,250 in an area with a $484,350 VA loan limit. He or she would first figure the difference between $484,350 and $539,250, which is $54,900. The veteran would put down 25% of that amount, or $13,725, in addition to any closing costs associated with the VA Jumbo Loan.

In a different example, let’s suppose a veteran chooses to use a VA Loan to purchase a home in San Francisco, CA, which has an increased VA mortgage loan limit of $726,525 due to the high-cost of the county. If the home price were $740,875, the VA Jumbo Loan amount would be over the county limit by $14,350. The veteran would put down 25% of the amount over the limit, or $3,587.

The loan officers here at North American Savings Bank (NASB) are dedicated to helping you get the most out of your VA benefits. To get started with finding out more about VA Jumbo Loans, feel free to reach out to us whichever way is most convenient for you:

Patriotic house

VA Jumbo Loans – What are the benefits?

Once your online VA Loan application is approved, you can expect a mortgage with:

  • No requirement of Private Mortgage Insurance (PMI), which will lower your monthly payment and put more equity into your home.
  • Plus, low closing costs! NASB charges zero lender fees/points to active-duty military personnel, reservists and veterans who finance or refinance with a VA Home Loan, ultimately requiring less cash for you to close on your new home.

Do I qualify for a VA Jumbo Loan?

Our team of expert VA Loan Officers can determine if you qualify for a VA Jumbo Loan, along with assist you in obtaining a Certificate of Eligibility (COE). You may be eligible if you meet one or more of the following requirements:

  • Have served 90 days of active duty during wartime
  • Have served 181 continuous days of active duty during peacetime
  • Have served more than 6 years in the National Guard or Reserves
  • You are the spouse of a veteran who died during service or from a service-connected disability 

Once you have obtained your COE, you may apply for a VA Jumbo Home Loan. Prior to any fees for a credit report and real estate appraisal, NASB will provide a “Good Faith Estimate” outlining a firm quote that includes all of our fees and lender-controlled costs, as well as an accurate estimate of supplementary home loan costs including title insurance, recording fees and transfer taxes.


Providing over 17,000 veterans with $5.1 billion in home loans since 2010

What additional benefits does NASB offer?

  • NASB has absolutely ZERO origination fees on VA Mortgage Loans, which could potentially save you thousands of dollars.
  • We are a team of trusted, experienced and trained professionals. From our loan officers, to underwriting and processing, we will help you take advantage of every benefit available to you.
  • As a direct VA Home Loan Lender, we can make our own decisions and can help where others cannot.


To receive a personalized rate quote or get pre-qualified online, please fill out our form and a NASB loan officer will be in contact with you shortly.

You can also call 866-627-7119 to speak with a loan officer right now. Or, if you would prefer to schedule an appointment to discuss your home financing needs, click here.

By clicking the Submit button you agree that you are providing an electronic signature expressly authorizing NASB to contact you by telephone at any of the telephone number(s) provided above using an automatic telephone dialing system or an artificial or prerecorded voice or via text/SMS message, even if the telephone number is assigned to a cellular telephone service or other service for which the called party is charged. NASB may also contact you via email using any email address you provided. This authorization overrides any previous registration on a federal, state or corporate Do Not Call Registry or any internal NASB privacy or solicitation preference you have previously expressed. You are not required to provide this authorization as a condition of purchasing any property, goods or services from NASB. As an alternative, you may call us directly at (866) 627-7119 and we will process your request over the phone.

What are our customers saying about us?

98% Recommend NASB!

loan review

Everyone I dealt with was a top notch professional. It makes me even prouder having served my country, knowing I got this type of excellent treatment. Thank you NASB and everyone involved. Someday I would like to meet each and everyone involved in this transaction, you people are what America is made of, thank you again for the smooth transaction.

–John from Indiana

va loan review

My loan officer was always available to me, even when I would leave a message he would get back to me promptly. While working with NASB, I felt like he was working for me and not just his company. His team was very helpful in gathering information to complete my loan.


–Tracey from Oregon


va loan review

NASB and its staff are awesome. They actually have their act together and can help you navigate through the entire process with ease. This is my 3rd loan through them. I would highly recommend.


–Dale from Maryland