JUMBO · SAN FRANCISCO
Jumbo Loans in San Francisco — SF Jumbo Mortgage Lender
A jumbo loan in San Francisco is any mortgage above San Francisco County's 2026 conforming loan limit of $1,249,125. In a city where the median sits near $1,440,000, jumbo financing is the norm rather than the exception — it funds the majority of single-family homes in Noe Valley, Pacific Heights, the Marina, Cow Hollow, Russian Hill, and much of the Sunset and the Richmond above median. Save Financial's San Francisco jumbo programs accept loans up to $5 million on primary residences (and higher case by case), 10% down with strong credit, and no monthly mortgage insurance regardless of LTV. Jumbo underwriting is stricter than conforming: lenders want higher reserves (commonly 6–12 months of payments), tighter debt-to-income ratios, and rigorous income verification. That last point is where San Francisco is unusual — a huge share of SF jumbo borrowers earn base salary plus RSU, stock options, and equity, and not every lender credits that income the same way. Save Financial accesses 14+ jumbo programs and matches each SF file — from a Bernal Heights purchase to a super-jumbo Pacific Heights refinance — to the lender whose guidelines actually fit.
QUICK ANSWER
Save Financial originates jumbo loans for San Francisco County borrowers from our California-licensed brokerage (NMLS #377740). Most SF purchases above $1,249,125 — the county's 2026 conforming limit — require jumbo financing, and in this market that is the majority of single-family homes. Save Financial accesses 14+ jumbo lender programs, with broker Mike Basti personally handling super-jumbo transactions above $3M. Common SF jumbo scenarios include Pacific Heights and Marina primary residences, Noe Valley move-ups, RSU-income tech buyers, and equity-rich cash-out refinances. Get a custom San Francisco jumbo quote in about 60 seconds, or call (949) 379-5320.
Why San Francisco is different
San Francisco is one of the most jumbo-dependent housing markets in the United States. Four SF-specific jumbo facts:
High-cost county, jumbo majority: The FHFA classifies San Francisco County as high-cost, setting the 2026 conforming limit at the state ceiling of $1,249,125. Even so, with a median near $1,440,000, most single-family homes finance as true jumbo — above $1,249,125 — not high-balance conforming.
RSU and equity income: SF jumbo files routinely rest on tech compensation. Documenting vesting RSUs, exercised options, and equity sales correctly is the crux of the approval, and lenders vary widely in how they treat it. Save Financial steers each file to a program that credits the real income.
Condo and TIC jumbo nuances: Many high-value SF units are condos in SoMa, Mission Bay, and Russian Hill high-rises, which need a warrantable-project review before a jumbo loan closes. Tenancy-in-common (TIC) units use fractional financing instead, at different pricing — a distinction unique to San Francisco.
Neighborhood concentration: SF jumbo activity clusters on the north and central spine — Pacific Heights, Cow Hollow, the Marina, Russian Hill, Noe Valley, and Bernal Heights. Save Financial works with wholesale lenders active in these submarkets and their appraisal patterns.
Get started with Save Financial
Save Financial is licensed in all 58 California counties (NMLS #377740, DRE #01875766) with a dedicated San Francisco jumbo practice. We originate every jumbo and super-jumbo scenario through wholesale channels, comparing programs across many investors instead of quoting one bank.
To get a real San Francisco jumbo quote in 60 seconds (no SSN, no credit pull, no obligation), apply online or call 949-379-5320. You will be connected with a California-licensed loan officer who handles SF RSU, condo, and TIC jumbo files daily.
For broader city information, see our San Francisco overview page. For the parent program details on jumbo loans, see our jumbo loans program page.
— SF FAQ
San Francisco jumbo loan questions, answered
What's special about jumbo loans in San Francisco?
San Francisco is one of the most jumbo-saturated markets in the country. A San Francisco jumbo loan is any mortgage above San Francisco County's 2026 conforming limit of $1,249,125. Because the citywide median is roughly $1,440,000, most single-family purchases in Noe Valley, Pacific Heights, the Marina, and Bernal Heights require jumbo financing. SF jumbo underwriting also has to handle tech compensation — base salary plus RSUs, stock options, and equity — which many lenders read inconsistently. Save Financial accesses 14+ jumbo programs and places each SF file with the lender whose guidelines fit the income and property.
How does Save Financial price San Francisco loans vs. major banks?
Save Financial is a broker, not a retail bank, so we shop wholesale jumbo pricing across many investors rather than carrying branch overhead. On larger San Francisco jumbo and super-jumbo loans that difference is meaningful, and because we compare programs we can seat an RSU-heavy or self-employed SF borrower with the lender that actually credits their income structure.
What is San Francisco County's 2026 conforming loan limit, and when does jumbo start?
San Francisco County's 2026 conforming loan limit is $1,249,125 for one-unit properties. Loans at or under that amount can qualify for conforming or high-balance conforming pricing. Any loan above $1,249,125 in San Francisco is a true jumbo loan, and Save Financial originates jumbo financing up to $5 million on primary residences, with higher amounts case by case.
How much do I need to put down on a San Francisco jumbo loan?
San Francisco jumbo programs typically start at 10% down with strong credit and no monthly mortgage insurance regardless of loan-to-value. Underwriting expects higher reserves — often 6 to 12 months of payments — tighter debt-to-income ratios, and thorough income verification, which matters for the self-employed founders and RSU-compensated tech employees common in SF.
Do you lend jumbo across all San Francisco neighborhoods?
Yes. Save Financial originates jumbo loans throughout San Francisco — Pacific Heights, Noe Valley, the Marina, Cow Hollow, Russian Hill, the Sunset, the Richmond, and Bernal Heights — and everywhere else in San Francisco County, on purchases and refinances alike.
Can I get a jumbo loan on a San Francisco condo or TIC?
Jumbo condo financing is available subject to a project review of the HOA budget, reserves, and owner-occupancy ratio — important for high-rise SoMa and Mission Bay buildings. Tenancy-in-common (TIC) units use fractional loans rather than standard jumbo mortgages, and pricing differs. Save Financial will confirm which structure a given SF building supports before you write an offer.