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Jumbo Loans

Does your dream home translate into a loan that's larger than the conventional loan limit? If your financing needs are greater, a jumbo loan may be the right choice for you. 

Our jumbo loans are available in amounts up to $3 million for primary homes and $2 million for secondary homes, with as little as 5% down on loans up to $1.25 million. We charge no origination fees, and you can enjoy the stability of a fixed rate or the flexibility of an adjustable rate.

Use our easy online Loan Consultant to find the jumbo loan that's right for you and obtain quotes on current interest rates and closing costs. Or, select a specific jumbo loan program below to learn more about our various loan programs.

Loans are subject to credit approval and other underwriting criteria, and not everybody will qualify. Certain restrictions apply. Home loan programs, terms and conditions are subject to change without notification. Boeing Employees' Credit Union NMLS ID 490518.

Use the Loan Consultant to find the Jumbo loan right for you. 

*LTV up to 95% for purchase loan amounts up to $1,250,000; 90% LTV up to $1,500,000; 80% LTV up to $2,500,000; and 75% up to $3,000,000 for primary residence, owner-occupied purchase. 90% up to $1,000,000; 80% up to $1,500,000; and 75% up to $2,000,000 for second homes. 

Jumbo 30 Year Fixed

Best Choice If:

  • You need to qualify for the largest loan possible.
  • You plan on staying in the home long-term.
  • You think interest rates will increase.
  • You don't expect your income to increase significantly over the coming years.
    		• Advantages:

  • Fixed rate of interest.
  • Level principal and interest payments for the full term of the loan.
  • No risk that changing market conditions will increase your monthly payments.
    		• Disadvantages:

  • You end up paying more in interest charges over the life of the loan.
  • Benefits of the fixed rate are not realized until after the 7th year. (7/6 Jumbo ARM is a better option if loan is paid-off within 7 years.)
  • Note: Interest rates on Jumbo fixed rate loans are typically higher than conforming fixed rate loans.
    		• Sample Payment:

    The Monthly Mortgage Payment (P&I) is based on a purchase price of $525,000 for an owner-occupied conforming property with a 20% down payment and a 30 year term. The calculations assume member-paid closing costs, including points, which typically range from 2-3% of the loan amount.

    Jumbo 15 Year Fixed

    Best Choice If:

  • You need to qualify for the largest loan possible.
  • You plan on staying in the home long-term.
  • You think interest rates will increase.
  • You don't expect your income to increase significantly over the coming years.
    		• Advantages:

  • Fixed rate of interest.
  • Level principal and interest payments for the full term of the loan.
  • No risk that changing market conditions will increase your monthly payments.
    		• Disadvantages:

  • You end up paying more in interest charges over the life of the loan.
  • Benefits of the fixed rate are not realized until after the 7th year. (7/6 Jumbo ARM is a better option if loan is paid-off within 7 years.)
  • Note: Interest rates on Jumbo fixed rate loans are typically higher than conforming fixed rate loans.
    		• Sample Payment:

    The Monthly Mortgage Payment (P&I) is based on a purchase price of $525,000 for an owner-occupied conforming property with a 20% down payment and a 15 year term. The calculations assume member-paid closing costs, including points, which typically range from 2-3% of the loan amount.

    Jumbo 10/6 ARM SOFR

    Best Choice If:

  • You want a longer initial fixed period than the 7/6 ARM.
  • To maximize the amount of loan you qualify for.
  • You plan to stay in the home for less than 10 years.
  • You want the stability of a fixed monthly payment for first 10 years of loan.
    		• Advantages:

  • Initial fixed interest rate for 10 full years; the rate adjusts every 6 months thereafter.
  • Allows for higher loan amount qualification and enhanced buying power.
    		• Disadvantages:

  • The interest rate can increase after the first 10 years.
    		• Sample Payment:

    The Monthly Mortgage Payment (P&I) is based on a purchase price of $525,000 for an owner-occupied conforming property with a 20% down payment and a 30-year term. The calculations assume member-paid closing costs, including points, which typically range from 2-3% of the loan amount.

    Jumbo 7/6 ARM SOFR

    Best Choice If:

  • You want a longer initial fixed period than the Jumbo 5/6 ARM.
  • You plan to stay in the home for less than 7 years.
  • You want the stability of a fixed monthly payment for first 7 years of loan.
    		• Advantages:

  • Initial fixed interest rate for 7 full years; rate adjusts every 6 months thereafter
  • Initial lower rate and payment than a fixed rate loan
  • Potentially allows for higher loan amount qualification and enhanced buying power
    		• Disadvantages:

  • Interest rate and payment can increase at the end of the first 7 years
    		• Sample Payment:

    The Monthly Mortgage Payment (P&I) is based on a purchase price of $525,000 for an owner-occupied conforming property with a 20% down payment and a 30-year term. The calculations assume member-paid closing costs, including points, which typically range from 2-3% of the loan amount.

    Jumbo 5/6 ARM SOFR

    Best Choice If:

  • You plan to stay in your home a short period of time.
  • You want to keep your payments low.
  • You want to qualify for higher loan amounts with lower interest rates.
  • You want the stability of a fixed monthly payment for first 5 years of loan.
    		• Advantages:

  • Initial fixed interest rate for 5 full years; rate adjusts 6 months thereafter.
  • Allows for higher loan amount qualification and enhanced buying power.
    		• Disadvantages:

  • It's riskier if you don't expect your income to increase over the initial 5-year period to cover the change in monthly payment.
  • Conversion to fixed rate is not available.
    		• Sample Payment:

    The Monthly Mortgage Payment (P&I) is based on a purchase price of $525,000 for an owner-occupied conforming property with a 20% down payment and a 30-year term. The calculations assume member-paid closing costs, including points, which typically range from 2-3% of the loan amount.

    Mortgage Rates

    The Loan Consultant feature determines the products and rates that match your needs.

    Ready to Start?

    To apply for your easy online loan, all you have to do is answer a few simple questions about yourself, your property and your income, debts and assets.

    Apply