95% Jumbo loans are back in Las Vegas. This is great for home buyers who need to borrow more than the conventional or FHA loan limits permit but have a limited down payment. The current 2026 Conforming Loan Limits in Nevada is $832,750. FHA loans are capped at $541,287 in Clark County.
The limits apply to regular 1-unit properties, muti-unit properties have even higher loan limits.
The median home listing price in Las Vegas is currently near $469,000. With this, most buyers will find a standard conforming or FHA loan sufficient. But for buyers purchasing in more expensive golf communities like Summerlin, Henderson etc, home prices can quickly exceed $2m. In these cases, a jumbo loan may be required.
If you’re in the market for a luxury home in Las Vegas, now is a great time to take advantage of these jumbo loans. With a lower down payment requirement, you can purchase a higher-priced property without draining your savings. This opens up more opportunities for buyers and can help make the dream of owning a luxury home a reality.
But it’s important to note that just because jumbo loans are back, doesn’t mean they should be taken lightly. These types of loans often come with stricter requirements and may have higher interest rates compared to conventional or FHA loans.
Las Vegas Jumbo Mortgage Highlights:
Las Vegas Jumbo Mortgage Highlights: Below we have listed all the details and requirements for the 95% Jumbo Home Financing Las Vegas. Applicants that have questions are encouraged to contact us 7 days a week.
- A good credit history is a must. Applicants will need a 680 credit score to be eligible for the 5% down payment Jumbo. Lower credit scores down to 660 are acceptable for borrowers that have a 10%+ down payment.
- Special options up to 85% loan to value are available to borrowers that have a previous short sale – and maintain a 700+ credit score. Please see the video below for all the LTV details.
- Homebuyers must be able to document income and savings assets. Borrowers should have ample reserves (min 3 months) and debt-to-income ratios under 45%. Remember, this program does not permit stated income, etc. Only full documentation.
- Any single-family home, town home, or approved condo in Las Vegas is eligible, regardless of the seller. The home must be in good overall condition and not require extensive work. This program is for homes in decent repair, not rehab homes.
- 95% Jumbo mortgage available for primary residences. Second homes/vacation homes financing is available with 10% down payment.
- NO PMI or mortgage insurance on most jumbo loan programs that exceed 80% loan to value. Finance up to 95% without PMI!
- Applicants can choose between a variety of fix rate and adjustable loan rate terms – 5/1, 7/1 ARM, etc.
- Common 2-1 and 3-2-1 interest rate buy down options available
- No origination fees, which greatly reduce the buyers closing costs
- No early payoff, or prepayment penalty.
- The 95% program is also available for refinance transactions. Great for homeowners that want an interest rate reduction (no cash-out)
- 95% loan limits are currently $1,500,000. 90% LTV is limited to $2,500,000
- Select buyers including eligible Veterans and Physicians do have special 100% financing options available to them.
Want to learn more or questions about applying? Contact us 7 days a week by calling, or just fill out the quick Info Request Form on this page
About the author: Susan Hernandez has more than 30 years of experience in the mortgage industry, with specialized knowledge of Government mortgage and down payment assistance programs for first-time homebuyers. Her background provides a strong understanding of the programs, eligibility guidelines, and financing options that can help reduce the upfront costs of purchasing a home. Today, Susan uses her experience to create informative mortgage content that helps buyers better understand their options and prepare for successful home purchase