San Jose Mortgage Lender

the conforming loan limit in Santa Clara County is $1,209,750 for one-unit properties. Loans above this amount are classified as jumbo loans. Save Financial originates both conforming and jumbo loans for San Jose buyers.

The current median home price in San Jose is approximately $1,510,000. Pricing varies significantly by neighborhood — Willow Glen and Almaden Valley typically trade above median, while inland and outer neighborhoods offer more accessible pricing.

In San Jose, the real estate transfer tax is $1.10 per $1,000 (county); $3.30 per $1,000 city tax for SJ properties >$2M (per Measure E).

Based on Save Financial's lending data, the most-used loan programs in San Jose are: Jumbo Loan, Non-QM Bank Statement Loan, Conventional Loan, HELOC, DSCR Investor Loan. The specific program that fits you depends on your credit, down payment, employment type, and target neighborhood.

Yes. Save Financial is licensed across all 58 California counties, including Santa Clara County. We close loans in every San Jose ZIP code with an closes loans efficiently when borrower documentation is complete.

It depends on the loan program. For a conventional loan in San Jose, the minimum down payment is 3% for first-time buyers and 5% for repeat buyers. For an FHA loan, it's 3.5% with a credit score of 580 or higher. For a VA loan (military service members and veterans), it's $0 down. For a jumbo loan above $1,209,750, most lenders require 10-20% down. On a $1,510,000 home, that means: $20,000-$30,000 for FHA, $30,000-$50,000 for conventional, or $130,000-$260,000 for jumbo.

Minimum credit score depends on the loan program: FHA accepts 580+, VA typically 620+, Conventional 620–680, and Jumbo 700+ for best rates. See our loan program pages for credit score requirements by program, or get a custom quote tied to your actual score.

Save Financial closes San Jose mortgages efficiently when documentation is complete. The the national average is meaningfully longer. We close faster because we use in-house underwriting, electronic document signing, and have direct relationships with appraisers throughout the area. Fast closes give your offer a competitive advantage — sellers prefer buyers who can close efficiently.

Pre-qualification is a quick estimate based on self-reported information — it tells you roughly what you might qualify for. Pre-approval is a verified commitment based on documented income, credit pull, and asset verification — it shows sellers you can actually close. In a competitive San Jose market, you need pre-approval to get your offer taken seriously. Save Financial provides full underwritten pre-approvals in 24 hours.

Yes. Self-employed borrowers in San Jose have several options: conventional loans using 2 years of tax returns, bank statement loans using 12-24 months of business or personal deposits (no tax returns needed), or asset-based loans that qualify on investment portfolio rather than income. Save Financial originates all three. Bank statement loans are especially popular with San Jose business owners who write off expenses heavily and show low taxable income.