Luxury Primary Residence
In high-cost Boston suburbs like Newton, Brookline, and Lexington, single-family homes routinely exceed $1M.
Jumbo Loans
When the loan exceeds the Conforming Loan Limit, a Jumbo program is your only option. We offer flexible large-balance financing from $806,501 up to $10M.
What is Jumbo
What Is a Jumbo Loan?
Each year, the Federal Housing Finance Agency (FHFA) publishes a Conforming Loan Limit for every county. When a loan exceeds that limit, it is classified as a Jumbo Loan — held on private balance sheets and not eligible for purchase by Fannie Mae or Freddie Mac.
Jumbo borrowers typically face higher qualifying bars. With direct-lender capability and in-house underwriting flexibility, GMCC offers our friendlier AMAZING series and flagship THUNDER series programs to qualified clients.
2026 Massachusetts Conforming Loan Limit
1-unit: ~$806,500; 2-unit ~$1,032,650; 3-unit ~$1,248,150; 4-unit ~$1,551,250. Anything above that is Jumbo.
Flagship Program
AMAZING 5/6 Jumbo Program
The signature GMCC product — designed for professionals and high-net-worth families with friendlier qualifying bars.
- Product Type5/6 ARM (5-year fixed, then adjusts every 6 months)
- Starting Rate5/1 ARM from 5.375% APR (subject to final approval)
- Down PaymentMin 20% (80% LTV)
- Credit Score680+ qualifies
- Loan AmountFrom $806,501, up to $1,500,000
- PMINot required — lower monthly payment
- Property TypePrimary, second home, some investment
- Income DocumentationStandard W-2s, tax returns, asset statements
Premium Program
THUNDER Jumbo Flagship Program
For buyers requiring even larger financing — coverage to $10M.
- Loan AmountUp to $10,000,000 per loan
- Loan ProductsFixed rate, ARM, or Interest-Only
- Down Payment20%–40%, depending on loan size
- Credit Score720+ recommended
- Property TypePrimary, second home, investment (in select states)
- Reserves6–24 months reserves required, depending on amount
Use Cases
Who Benefits Most from Jumbo Loans
Second Home / Vacation Home
Cape Cod, Vermont ski properties, and similar second-home purchases qualify under Jumbo programs.
Move-Up / Trade Buyers
Selling your current home and buying a larger property — Jumbo bridges the upgrade financing gap.
Business Owners / High-Net-Worth Families
Interest-Only options support cash-flow management and investment allocation strategies.