Austin, TX Above Conforming LimitsPrimary & Second Home

Jumbo Loans in Austin

Austin's luxury market starts above $800K — expert jumbo financing for serious buyers.

Austin's median home price sits around $550,000 — and the luxury market starts significantly above that. Westlake, Barton Hills, Tarrytown, Rollingwood, and the prime East Austin neighborhoods consistently trade above $800,000, well into jumbo territory. I specialize in Austin jumbo loans for tech executives, founders, and high-income professionals whose income includes RSUs, equity, bonuses, and 1099 consulting income. These income types require specialized handling to get counted correctly in jumbo underwriting.

Local Expert Insight

Jumbo Loans in Austin — What You Need to Know

Common Challenges — and How I Solve Them

RSU and equity income for tech executives is mishandled by lenders unfamiliar with tech compensation
I know exactly how to document RSU income for jumbo underwriting: vesting schedule, stock history, two-year continuance requirement, and documentation of future vesting tranches. Apple, Dell, Oracle, and Tesla employees come to me specifically because I get this right.
Austin luxury homes sometimes appraise below contract price in a cooling market
Jumbo lenders require full appraisals, sometimes two for very high loan amounts. I guide buyers on structuring offers with an eye toward appraisal risk, and I know which Austin markets have sufficient comps to support value.
Local Insider Tip

Austin tech executives who receive significant equity compensation should understand that jumbo lenders scrutinize income continuance carefully. Documentation of future vesting schedules and employer stock purchase plans matters. Get your comp documentation organized before applying.

Approval Strategy for Austin Buyers

Austin jumbo approvals for tech compensation require a detailed income memo that explains RSU vesting, bonus history, and base salary components. I build this document proactively — before the underwriter asks for it — which dramatically speeds up approval and prevents conditions.

Rates & Pricing

Austin jumbo rates are competitive with national market rates. Well-qualified borrowers (760+ credit, 20%+ down, strong reserves) often achieve rates within 0.125–0.25% of conforming rates. I shop 8–10 jumbo lenders including portfolio lenders, private banks, and correspondent lenders to find the best pricing.

Jumbo Loans in Austin — FAQs

Loans above $806,500 are jumbo in Travis County (2025). Most jumbo programs require 20% down at this level — on an $850K home, that's $170K. Some lenders allow 10% down up to $1.5M for exceptional borrowers. Above $2M, 25–30% down is typical.

Liquid investment accounts (brokerage, retirement) count as reserves. Cryptocurrency is handled differently — some jumbo lenders accept crypto as reserves at a discounted percentage (50–70% of current value). It needs to be converted to USD or held in a qualifying exchange account with clear documentation.

Yes — interest-only jumbo loans are available and can make sense for high-income buyers who want to maximize monthly cash flow while expecting income growth. IO periods are typically 5–10 years, then convert to fully amortizing. I work with lenders who offer IO jumbo in the Austin market.

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Rodolfo Toscano | NMLS #2248652 | The Big Mortgage | Licensed in Texas (TXSML) | Equal Housing Lender | This is not a commitment to lend. All loans are subject to credit approval and property qualification.

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NMLS #2248652 · Licensed in Texas · Response in 24 hours or less