I’m Michael DiVita — DRE #01372066 | NMLS #241655, DiVita Home Finance (DRE #01818285 | NMLS #323700), Tiburon, CA. I’ve been in California mortgage lending since 2000 and founded DiVita Home Finance in 2007. Call (800) 239-1103.
If you’re buying or refinancing a home in Larkspur, California, there’s a good chance you’ll need a jumbo loan. With median home prices in Larkspur regularly exceeding $1.5 million — well above Marin County’s 2026 conforming loan limit of $1,249,125 — jumbo mortgages are the standard here, not the exception. I’ve been arranging jumbo financing in Larkspur for over 25 years. My office is in Tiburon, I know this market cold, and I shop 40+ wholesale lenders to find you the most competitive rate available. See also: Marin County mortgage hub and California jumbo loans.
What Is a Jumbo Loan?
A jumbo loan is any mortgage that exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). For Marin County in 2026, that limit is $1,249,125 for a single-family home. Any loan above that amount must follow private lender guidelines rather than Fannie Mae or Freddie Mac standards — which means stricter income documentation, higher credit requirements, and larger reserve requirements. It also means rates and terms vary meaningfully from lender to lender, which is where a broker’s access to multiple wholesale sources becomes a real financial advantage.
Jumbo Loan Requirements in Larkspur
Because jumbo loans aren’t government-backed, lenders apply stricter underwriting standards. Here’s what most borrowers in Larkspur need to qualify: a minimum credit score of 700–720 (best rates at 740+), a down payment of 10–20% depending on loan amount and lender, a debt-to-income ratio generally under 43% with strong income documentation, and cash reserves of 12–24 months of mortgage payments after closing. I regularly close jumbo loans ranging from $1.25M to $5M+.
Super Jumbo and Portfolio Loans for Larkspur Luxury Homes
For Larkspur properties above $2.5 million — including estates along the bay or in premium neighborhoods — I work with portfolio lenders who specialize in super jumbo financing. These lenders hold loans on their own balance sheets rather than selling them to the secondary market, which allows more flexibility in underwriting. Portfolio lenders are often the right fit for buyers who are self-employed with complex income structures, purchasing a high-value property with significant assets but variable income, or looking for interest-only payment options on luxury purchases.
Bank Statement Loans for Self-Employed Larkspur Buyers
Many of Larkspur’s homebuyers are business owners, consultants, or professionals whose income doesn’t fit neatly into a W-2 form. Bank statement loan programs allow self-employed borrowers to qualify using 12–24 months of personal or business bank deposits instead of tax returns — making jumbo financing accessible even with aggressive tax write-offs. On a Larkspur-sized loan, the income difference between a tax return and a bank statement calculation can be $100,000+ annually in qualifying income. This is one of the programs where shopping across multiple lenders matters most.
Current Jumbo Mortgage Rates in Larkspur
Jumbo rates are highly individualized based on loan amount, down payment, credit score, property type, and the specific lender. As an independent mortgage broker, I shop your loan across 40+ wholesale lenders to find the most competitive jumbo rate available for your scenario. Contact me for a personalized rate quote — there’s no cost or obligation.
Frequently Asked Questions
What is the conforming loan limit for Larkspur and Marin County in 2026?
Marin County’s 2026 conforming loan limit is $1,249,125 for a single-family home. Any loan above that amount is a jumbo mortgage and must follow private lender guidelines. Given that Larkspur’s median single-family home price runs $1.6M–$2.2M, the vast majority of purchases in this market involve jumbo financing — even buyers putting 20% or more down on a $1.6M home are borrowing well above the conforming ceiling.
Can I get a jumbo loan in Larkspur with 10% down?
Yes. Several wholesale lenders offer jumbo programs with 10% down on loan amounts up to $2M–$2.5M, provided you have a 720+ credit score, strong documented income, and solid reserves. On a $1.8M Larkspur purchase, 10% down means an $1.62M loan — lender selection matters significantly here, as programs and pricing vary meaningfully across wholesale sources. I can identify which lenders currently have the most favorable 10%-down jumbo guidelines for your specific profile.
How do jumbo rates compare to conventional rates in Larkspur?
Historically, jumbo rates ran slightly higher than conforming rates. In today’s market, well-qualified jumbo borrowers (720+ credit, 20%+ down, strong reserves) often find jumbo rates competitive with or even below conventional rates — particularly through wholesale lenders who are actively competing for high-quality jumbo business. The key is shopping: a single bank quote gives you one data point; a mortgage broker shopping 40+ lenders gives you the market. On a $1.5M loan, a 0.25% rate difference is worth $3,750 per year — over $112,000 over 30 years.
Talk to Michael Directly
DiVita Home Finance | Tiburon, CA | In lending since 2000, founded DiVita Home Finance in 2007. Michael DiVita DRE #01372066 | NMLS #241655. Company DRE #01818285 | NMLS #323700.
💬 Text: (310) 849-9124
