Jumbo Loans for Investors — California
How to buy an investment property with a jumbo loan in California
Jumbo financing is available for investment properties — but the requirements are stricter. Here’s what investors need to know.
Down payment requirements
Investment property jumbo loans typically require 25–30% down (70–75% LTV). A 680+ credit score is required at 75% LTV; higher loan amounts generally require 720–740+.
Credit score requirements
Most programs require a minimum 700–720 FICO for investment property jumbo loans. For loan amounts above $2M, a 740 score is typically required.
Reserve requirements
Investment property borrowers face the highest reserve requirements — typically 18–24 months of full housing payment (PITIA) after closing. Additional reserves are required for each additional financed property.
Cash-out refinance on investment property
Cash-out refinancing is available on investment properties on most programs — typically up to 60–70% LTV with a 740 credit score.
Using rental income to qualify
Rental income from the subject property may be used to offset the housing payment and reduce your qualifying DTI, subject to standard documentation requirements.
Key investment property restrictions
- Gift funds are not permitted on investment property transactions
- ARMs are restricted or unavailable on investment properties on most programs
- Non-occupant co-borrowers are generally not allowed
- Most programs cap total financed properties at 10
California’s rental market makes investment property jumbo loans an attractive option. Strong credit, 25%+ down, and 18–24 months of verified reserves are the baseline profile lenders want to see.
Serving California homebuyers and investors — Orange County, Los Angeles, San Diego, the Inland Empire, and communities throughout Southern California including Irvine, Huntington Beach, Anaheim, Fullerton, Garden Grove, and Santa Ana.