Sarasota Β· Bradenton Β· Longboat Key Β· Siesta Key Β· Lakewood Ranch Β· Casey Key
Jumbo Loans in Sarasota & Bradenton, FL
Without the big-bank runaround.
Above the conforming limit, many big banks want two years of tax returns and a long checklist. We write jumbo loans the way Sarasota and Bradenton buyers actually earn: W-2, self-employed, retired on assets, or relocating with equity. Most files close in about 30 days.
What is a jumbo loan in Sarasota? A jumbo loan is any mortgage above the conforming loan limit, which is $832,750 for a one-unit home in Sarasota and Manatee counties in 2026. Because it can't be sold to Fannie Mae or Freddie Mac, each lender underwrites it to its own guidelines, which is why requirements vary so much. The Galli Team at Novus Home Mortgage, based in downtown Bradenton, offers jumbo loans to $5 million with as little as 10% down, no mortgage insurance on most programs, and income documented by W-2s, bank statements or assets.
What counts as jumbo
Where "jumbo" starts, and why it matters.
The loan amount decides which rulebook your loan follows, not the purchase price.
The 2026 line
The conforming limit for a one-unit home in Sarasota and Manatee counties. A $1.0M home with 20% down is an $800K loan, which is not jumbo.
Typical big-bank jumbo
Two years of tax returns, 20β30% down, large reserves and a longer process. It works well if you're a W-2 executive with a simple return.
Galli Team jumbo
Multiple jumbo investors, so the file goes where it fits: 10% down programs, bank statement jumbo for the self-employed, asset depletion for retirees, and condo and second-home jumbo on the keys.
Income paths
Pick the one that matches how you earn.
| W-2 & traditional | Bank statement jumbo | Asset-based jumbo | |
|---|---|---|---|
| Built for | Executives, physicians, dual-income professionals | Business owners and 1099 earners | Retirees and relocating buyers with investments |
| Income proof | Tax returns, W-2s, pay stubs | 12β24 months of bank deposits | Liquid and retirement assets converted to income |
| Typical down | 10β20% depending on loan size | Often 10β20%, to $3M+ | Program dependent |
| Best when | Your returns show your full income | Write-offs shrink your taxable income | You have assets but modest "income" |
Self-employed? See how deposit-based income works on our Sarasota bank statement loans page.
By neighborhood
What jumbo looks like where you're buying.
Longboat Key
Gulf-front condos and canal homes. Jumbo condo review plus flood and wind insurance priced into the approval up front. Second-home jumbo is common here. Condo financing β
Siesta Key & Casey Key
Beach homes and quiet north-key estates. Many buyers are self-employed or relocating with equity, so bank statement and asset-based jumbo do the work.
Bird Key, Lido & St. Armands
Boating homes minutes from downtown. Jumbo with cash-out options for buyers planning a renovation.
Downtown Sarasota towers
New luxury condos where the building's commercial space and presales matter. We review the project before you write.
Lakewood Ranch
The Lake Club, Country Club East, Lakehouse Cove and Esplanade. New construction and resale. Builder-lender incentives vs. our pricing, side by side. Lakewood Ranch β
West Bradenton & Anna Maria
Waterfront homes near Palma Sola Bay and island properties. Jumbo for primary and second homes, with insurance priced in early. Bradenton β
60-second jumbo check
Is your loan jumbo, and what does it take?
Enter the price and down payment. We'll tell you whether you're over the line and sketch the income and reserves a jumbo file typically needs.
Enter a price to see whether it's jumbo.
Illustration only, using an example rate, 43% DTI with taxes and insurance, and 6β12 months of reserves. Not a quote or approval; jumbo pricing and guidelines are set on your full file.
"Jumbo buyers get treated like a risk by the big banks. On the keys and in Lakewood Ranch they're our neighbors, and the file is often not as hard as they've been told."Chris Galli Β· Region Manager Β· Novus Home Mortgage Β· NMLS #13152 Β· Bradenton
For luxury & waterfront agents
Keep the jumbo deal on schedule.
Pre-approvals built to close
We review income and assets up front, so after contract the main variables are the appraisal and the building. Listing agents can call us to verify.
Buyer stuck at a big bank?
Send the scenario: second home, condo, self-employed or asset-based. We'll tell you within a business day whether we can take it over without moving the close date.
Appraisal gaps & insurance
On the keys, insurance and appraisal are where jumbo deals wobble. We price insurance into the approval and talk through gap options before the appraiser is ordered. Seller buydowns β
Get started Β· No hard credit pull
A jumbo pre-approval listing agents believe.
Tell us how to reach you. We'll call, confirm the right income path and get your letter moving.
Rather talk now? Call (941) 529-1040 or book a call.
Quick answers
Sarasota jumbo loan FAQ.
What is the jumbo loan limit in Sarasota in 2026?
How much do I need down for a jumbo loan?
Are jumbo rates higher than conventional?
Can I get a jumbo loan if I'm self-employed?
I'm retired. Can I qualify on assets?
Do jumbo loans work for condos and second homes?
Do you offer jumbo loans in Bradenton and Lakewood Ranch?
Related
More ways we say yes.
Ready when you are
One call. A real answer.
Fifteen minutes with Chris or the team, no hard credit pull, and you'll know where you stand and what to do next.