Jumbo Loan Limits and Requirements for 2025 in Florida: A Detailed Guide

If you’re looking to buy a high-priced home in Florida, you may need a jumbo loan to finance it. But what exactly is a jumbo loan, and how does it differ from a conventional mortgage? More importantly, what are the jumbo loan limits for 2025, and what does it take to qualify?

Let’s break it all down so you can determine if a jumbo loan is right for you.

What Are Jumbo Loans?

A jumbo loan is a mortgage that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). These limits dictate the maximum loan amount that Fannie Mae and Freddie Mac will purchase or guarantee. When a home loan surpasses this limit, it falls into the jumbo loan category, which means it’s considered riskier by lenders and comes with stricter qualification requirements.

Jumbo loans are designed for luxury homes, high-cost properties, and real estate markets with above-average housing prices. Since Florida is home to some of the most sought-after real estate in the country, jumbo loans are common, especially in areas like Miami, Tampa, Orlando, and Naples.

What Is a Jumbo Loan in Florida?

A jumbo loan in Florida is any mortgage that exceeds the conforming loan limit set by the FHFA. This means if you’re buying a home with a loan amount higher than the 2025 conforming loan limit, you’ll need to apply for a jumbo loan.

Since conforming loan limits can vary by county, it’s important to check the specific limit for the area where you’re buying. In most of Florida, the conforming loan limit follows the national standard, but in high-cost counties, the limit may be higher.

What Is the Jumbo Loan Limit in Florida for 2025?

For 2025, the conforming loan limit for a single-family home in most of Florida is expected to be around $750,000, though official numbers from the FHFA will be released later in the year. Any mortgage amount above this limit would be considered a jumbo loan.

However, in high-cost counties, the conforming loan limit can be higher. In places like Miami-Dade, Palm Beach, and Monroe County (Key West), loan limits may exceed the standard cap, meaning you might not need a jumbo loan unless your loan amount is significantly higher.

What Is Considered a Jumbo Loan in Florida?

A mortgage is classified as a jumbo loan in Florida when it exceeds the conforming loan limit set by the FHFA. Since this limit is around $750,000 in most counties, any loan above that amount would be considered a jumbo loan.

If you’re planning to buy a luxury home, waterfront property, or a large estate, a jumbo loan might be the financing option you need.

What Is a Super Jumbo Loan?

A super jumbo loan is a mortgage that far exceeds traditional jumbo loan limits. While there isn’t an official number defining a super jumbo loan, most lenders categorize them as loans exceeding $2 million to $3 million.

These loans come with even more stringent requirements, including higher credit score thresholds, larger down payments, and more rigorous income verification. If you’re purchasing a high-value property in Florida, you may need to explore super jumbo loan options.

Conforming Loan Limits in Florida and When You’ll Need a Jumbo Loan

As of 2025, the conforming loan limit for most of Florida is expected to be around $750,000. However, high-cost areas may have higher limits. Here’s when you’ll need a jumbo loan:

• If you’re buying a single-family home priced above $750,000 in most of Florida
• If you’re purchasing in high-cost counties, where the limit may be higher
• If your loan amount exceeds the FHFA’s conforming loan limit for your area

To find out whether your home purchase requires a jumbo loan, check the specific loan limits for your county.

How to Find Your Local Jumbo Mortgage Limit

Since conforming loan limits vary by county, the best way to determine whether you’ll need a jumbo loan is to check the official FHFA loan limits. You can:

• Visit the FHFA’s website to find the latest conforming loan limits
• Consult with a local mortgage lender who specializes in Florida jumbo loans
• Use an online mortgage calculator to see if your loan amount exceeds conforming limits

How Do You Qualify for a Florida Jumbo Loan?

Since jumbo loans are not backed by Fannie Mae or Freddie Mac, lenders take on more risk when issuing these loans. This means qualifying for a jumbo loan is more difficult than a traditional mortgage.

Here’s what lenders typically look for:

• Strong Credit Score – Most lenders require a minimum credit score of 700-740
• Low Debt-to-Income (DTI) Ratio – Ideally below 43%, but some lenders prefer 36% or lower
• Significant Cash Reserves – You may need six months to a year’s worth of mortgage payments in reserves
• Larger Down Payment – A minimum of 10-20% is typically required, but some lenders offer low-down-payment jumbo loans

Jumbo Loan Borrower Requirements

To qualify for a Florida jumbo loan, borrowers typically need:

• A minimum credit score of 700-740
• A down payment of at least 10-20%
• A low debt-to-income ratio (preferably under 43%)
• Proof of stable and high income
• Significant cash reserves

If you meet these requirements, you’ll have a strong chance of securing a jumbo loan.

When to Consider a Jumbo Loan Based on 2025 Loan Limits

You should consider a jumbo loan if:

• You’re buying a high-value home above the conforming loan limit
• You have strong financial credentials to qualify
• You prefer to finance more of your home purchase rather than making a huge down payment

If your loan amount is below the 2025 conforming loan limit, a conventional loan may be a better option.

The Bottom Line: How Can Midwest Mortgage Lending Help You Get a Florida Jumbo Mortgage?

At Midwest Mortgage Lending, we specialize in helping homebuyers navigate Florida jumbo loan options. Whether you’re buying a luxury home or refinancing a high-value property, our team can help you find the best financing solution.

Reach out to us today to discuss your jumbo loan options and start your home buyinghomebuying journey with confidence.

Frequently Asked Questions

What is considered a jumbo loan in Florida? 

A loan amount exceeding $750,000 (or the local conforming loan limit) is considered a jumbo loan in most parts of Florida.

Do all jumbo loans require 20% down? 

No, some lenders offer jumbo loans with as little as 10% down, though higher down payments often lead to better loan terms.

What are the drawbacks of a jumbo loan? 

Jumbo loans come with stricter qualifications, higher interest rates, and larger required cash reserves.

How do I know if I have a jumbo loan? 

If your loan amount exceeds the conforming loan limit, it’s classified as a jumbo loan.

What credit score do you need to get a jumbo loan? Most lenders require a minimum credit score of 700-740.

What triggers a jumbo loan? 

A loan amount that exceeds the FHFA’s conforming loan limit triggers a jumbo loan requirement.