Maryland Jumbo Loans
Maryland Jumbo Loan Rates: Live Wholesale Pricing
In Maryland, jumbo loans are needed for properties above the conforming limit. The 2026 high-cost ceiling is $1,249,125; high-cost counties in Maryland use the higher limit. Above the ceiling is jumbo or super-jumbo territory and we shop those scenarios across portfolio and specialty desks.
Why jumbo matters in Maryland
DC-suburban Maryland (Bethesda, Potomac, Chevy Chase) carries the bulk of jumbo volume, with Annapolis adding waterfront second-home demand. Buyers are typically federal, biglaw, consulting, or biotech professionals. Maryland transfer and recordation taxes are notable at closing and should be modeled in the cash-to-close.
Common jumbo loan sizes in Maryland
Typical jumbo loan sizes by major Maryland market. These are working ranges from what we see in active scenarios, not appraisal values.
| Market | Typical jumbo loan range |
|---|---|
| Bethesda | $1.5M to $5M+ |
| Potomac | $1.5M to $5M+ |
| Chevy Chase | $1.5M to $5M+ |
| Annapolis | $1.2M to $4M+ |
| Baltimore | $1M to $2.5M |
Super-jumbo in Maryland
Super-jumbo loans above $3M come up regularly in Maryland, especially in the luxury markets listed above.
Many wholesale jumbo desks cap at $3M. Above that the lender pool shifts to specialty and portfolio lenders that hold the loan on balance sheet rather than selling it. We regularly close Maryland super-jumbo loans into the $5M, $10M, and $20M+ range. The right lender depends on the loan size, property type, and the borrower's income and asset picture, not a single rate sheet.
Programs that fit Maryland jumbo borrowers
Standard jumbo
Above the conforming ceiling, full-doc income or assets.
Asset-qualifying
Qualify on liquid assets when income does not tell the whole story.
Pledged-asset mortgage
Up to 100% LTV without PMI by pledging securities instead of selling them.
VA jumbo
No max loan size for full-entitlement veterans. 0% down available.
High net worth mortgage hub
Full overview of HNW jumbo paths: asset, pledged, equity-comp, complex income.
Closing costs in Maryland
Maryland has notable state and county transfer and recordation taxes that can run over 1.5% of purchase price combined; many are split or negotiated between buyer and seller.
Frequently asked questions
What is the jumbo loan limit in Maryland?+
Maryland has FHFA-designated high-cost counties (Calvert, Charles, Frederick, Montgomery, Prince George's, Anne Arundel, and others) where the 2026 conforming ceiling of $1,249,125 applies. Loans above that ceiling are jumbo. In Maryland counties that are not high-cost, jumbo begins above the conforming baseline of $832,750.
Do I need a 20% down payment for a jumbo loan in Maryland?+
No. 10 to 20% down is standard on Maryland jumbo loans, and some programs go to 95% LTV with strong FICO and reserves. Pledged-asset structures can effectively reach 100% LTV without PMI by pledging securities instead of selling them. We work with lenders going to program minimums where allowed.
What credit score do I need for a Maryland jumbo loan?+
Most jumbo lenders want 700+ FICO at minimum, with 740+ for best pricing in Maryland. Some go to 680 with stronger compensating factors like larger reserves or lower LTV. Super-jumbo above $3M typically starts at 720+ FICO.
Can I get a jumbo loan above $3 million in Maryland?+
Yes. Many wholesale jumbo desks cap at $3M but specialty and portfolio lenders go higher into $5M, $10M, and $20M+ super-jumbo. We work with that lender set and route Maryland scenarios to a desk with appetite for the loan size, property type, and borrower profile.
How are Maryland jumbo rates different from conforming?+
Jumbo rates in Maryland are not state-specific; pricing reflects investor demand for jumbo paper at the moment, the borrower profile, and the loan size. In recent years jumbo has often priced within 0.125% of Conventional Conforming and sometimes below for top borrowers. The pricer on /jumbo-loan-rates shows live wholesale jumbo pricing.
Price a Maryland jumbo scenario
Send us your scenario - price, loan amount, income picture - and we will come back with specific lender options and pricing. No personal info required to start.
Start my scenarioJumbo loan rates, LTVs, and program guidelines vary by lender and are subject to change. Eligibility depends on the borrower, property, and underwriting result. This page is general educational information and is not a commitment to lend or an offer of credit. Not all applicants will qualify. Equal Housing Opportunity.