100% VA Jumbo Mortgages are now available to eligible Veterans for up to $2mil loan amounts. Even higher loan amounts to nearly $4mil are also available with a slight down payment. This VA benefit is especially helpful for Vets purchasing property in high-cost Florida locations like Miami, West Palm, Tampa, Orlando, Jacksonville, Naples and The Keys.

The current 2025 Conforming loan limits are $806,500 for most of Florida. Monroe County and The Keys is the only exception and permit higher slightly loan amounts. This is for a single (1) unit property, multi-unit properties are slightly higher. Most VA lenders mirror the base conforming loan limits listed above, however, some do exceed this limit by a great margin.

Veterans do want to keep in mind that the VA Jumbo loans require the same qualifying criteria as the normal VA loans. Borrowers that have proper VA eligibility will be qualified based on their debt-to-income ratios and credit profile. However, the high balance loans could require mortgage payment reserves depending on the final loan amount.

Of course, the best part of the VA program is the absence of monthly mortgage insurance or “PMI” This alone can save home buyers hundreds a month. In fact, there is only a single form of mortgage insurance required with the VA loan program, the one-time funding fee. This funding fee is commonly rolled into the borrower’s final loan amount and is required on all government-backed programs like USDA, FHA and VA loans.

For most VA borrowers, the funding fee is 2.15% of the loan amount, please see the chart below. This funding fee chart is effective 2025.

VA interest rates have remained some of the lowest rates in the mortgage marketplace today. If you’re considering purchasing a property in a high-cost area, or you want to use your VA home loan benefit to finance a home that needs jumbo financing, there really isn’t anything in the market today that can compete with the VA jumbo option. * Please note, this program only applies to primary residences.

VA Jumbo Mortgage Benefits:

The program is available to eligible Vets in most states.
100% financing up to $2,000,000 loan limits. Even higher loans up to $4mil are available with a small down payment.
NO PMI or mortgage insurance.
Buyer’s closing costs are more limited.
Single loan program, no piggyback or second mortgage
A temporary mortgage interest rate buy down is available. 2/1 or 3/2/1 options and can be paid by the home seller. This is a great option for buyers to combat the increase in rates over the last year. Learn more about interest rate buydowns here.

Learn more about VA Jumbo loans in the video below. Please contact us by calling the number above, or expedite your request by submitting the short Info Request Form on this page.