Jumbo Mortgage Loans

Think bigger with a jumbo loan

Jumbo mortgages are home loans with higher principal amounts. These loans are more than $766,550 and fall outside the typical guidelines for what the Federal Housing Finance Agency calls “conforming loans.”

To speak to the Mortgage Department, call 210-945-3300, select option 3, then option 2.

Jumbo Fixed-Rate - 30 year
Jumbo Fixed-Rate - 20 year
Jumbo Fixed-Rate - 15 year
Jumbo Fixed-Rate - 10 year
Jumbo 5/5 ARM

Let us walk you through the mortgage loan process

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1. Get prepared

Buying a home is a big commitment and you’ll want your finances to be in good condition before you start the process to ensure the best possible outcome. Gather your financial information, like recent tax returns, financial statements and pay stubs; your loan application will let you know what financial information is necessary. You should also review your credit score, take a look at your debt-to-income ratio (DTI) and take other important steps to position yourself for receiving the best possible loan terms. Click the button below to read our document on “Maintaining Your Financial Status and Credit Score” for tips to help guide you through the process.

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2. Decide what you can afford

Before you begin shopping for a home, take a look at your budget and current expenses to determine what you can afford. You’ll want to evaluate your monthly incoming and outgoing funds to see where a down payment, closing costs and your new mortgage payment might fit in.

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3. Get pre-approved

Once you know how much home you can afford, complete the application for a pre-approval letter. The pre-approval will let sellers know that you are a qualified buyer who is prepared to make a home purchase.


4. Find your home

Now’s the time to determine all the traits that make up your perfect home. Research areas and neighborhoods of interest. Also, connect with an RBFCU preferred real estate agent, who can help you search smarter.

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5. Complete paperwork

You’ll complete the application process you started with your pre-approval request by submitting your documents and continuing through the loan process. This may sound simple, but it can be a big undertaking, depending on your employment status, residency, etc.

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6. Finalize your loan

Our Mortgage Lending Team will help you through each step of the loan process and make sure you know everything you need to know to close your loan with confidence.

  • What is a jumbo loan?
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    A jumbo loan exceeds conforming loan limits as established by the Federal National Mortgage Association (FNMA). Currently, loan amounts greater than $766,550 are considered jumbo loans.

  • Do I have to get a jumbo loan if I need more than $766,550?
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    Yes, any loan amount greater than $766,550 is considered a jumbo loan.

  • How long does it take to find out if I am approved for a jumbo loan with RBFCU?
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    Upon receiving a completed loan application and any other requested documentation (income/asset verification, etc.), generally, you will have a decision on the loan request within two to three business days.

  • Does it typically take longer to close a jumbo loan?
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    Typically it does not take any longer to close on a jumbo loan.

  • How soon will someone from RBFCU contact me after I’ve submitted my mortgage application?
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    Once you submit your mortgage loan application for review, RBFCU will contact you within 24 hours, unless it’s a weekend application.

Still have mortgage questions?

Loans subject to credit approval. Rates and terms subject to change without notice. RBFCU mortgage loans are available only on property in Texas. Origination fee program not available for short term loans, FHA or VA loans. NMLS# 583215