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 the 2026 conforming loan limit of $806,500 — jumbo mortgages are the standard in this market. At DiVita Home Finance, we specialize in jumbo lending for Marin County homebuyers, and founder Michael DiVita has been arranging jumbo financing in Larkspur for over 25 years.
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). In 2026, the conforming loan limit for most U.S. markets is $806,500 — but in high-cost areas like Marin County, the high-cost limit is $1,209,750. Any loan exceeding that limit is a true jumbo mortgage and must follow private lender guidelines rather than Fannie Mae or Freddie Mac standards.
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:
- Credit score: Minimum 700–720; best rates at 740+
- Down payment: 10–20% depending on loan amount and lender
- Debt-to-income ratio: Generally under 43%, with strong income documentation
- Cash reserves: 12–24 months of mortgage payments in reserves after closing
- Loan amounts: We regularly close jumbo loans from $807,000 to $5 million+
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 — we 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 for more flexibility in underwriting.
Portfolio lenders may be the right fit for buyers who are:
- Self-employed with complex income structures
- Purchasing a high-value property with significant assets but variable income
- 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. Our bank statement loan program allows self-employed borrowers to qualify using 12–24 months of personal or business bank statements instead of tax returns — making jumbo financing accessible even with complex write-offs.
Current Jumbo Mortgage Rates in Larkspur
Jumbo mortgage rates are highly individualized based on loan amount, down payment, credit score, property type, and the specific lender. As an independent mortgage broker, DiVita Home Finance shops your loan across 40+ wholesale lenders to find the most competitive jumbo rate available for your scenario. Contact us today for a personalized rate quote.
Ready to Finance Your Larkspur Home?
With 25 years of Marin County jumbo lending experience and access to a wide network of wholesale lenders, DiVita Home Finance is Larkspur’s jumbo mortgage specialist. Call us at (800) 239-1103 or get in touch online.
Michael DiVita, NMLS #241655 | DiVita Home Finance, Inc., NMLS #323700 | CA DRE #01818285
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About DiVita Home Finance
DiVita Home Finance is a small, family-owned mortgage company based in Marin County, California. When you call, you speak directly with Michael DiVita — the owner — not a call center, not an out-of-state rep, not someone reading from a script. We’re here for a low-key, no-obligation conversation about your situation.
We take your privacy seriously. We will never sell your information to third-party lenders or lead generation companies — unlike many of the large mortgage platforms. Your inquiry stays with us, period.
📞 Call: (800) 239-1103 | 💬 Text Michael directly: (310) 849-9124
