High-Balance Loans: Requirements, Rates & How to Apply
Conforming loans in high-cost areas with limits above the standard baseline, up to 150% of the conforming limit.
620
Min Credit Score
3%
Min Down Payment
50%
Max DTI
conventional
Category
Key Takeaways
- ✓ Minimum credit score requirement: 620.
- ✓ Minimum down payment: 3% of the purchase price.
- ✓ Maximum debt-to-income (DTI) ratio: 50%.
- ✓ Conforming loans in high-cost areas with limits above the standard baseline, up to 150% of the conforming limit.
See High-Balance Loans Rates by State
Alabama (AL) Alaska (AK) Arizona (AZ) Arkansas (AR) California (CA) Colorado (CO) Connecticut (CT) Delaware (DE) District of Columbia (DC) Florida (FL) Georgia (GA) Hawaii (HI) Idaho (ID) Illinois (IL) Indiana (IN) Iowa (IA) Kansas (KS) Kentucky (KY) Louisiana (LA) Maine (ME) Maryland (MD) Massachusetts (MA) Michigan (MI) Minnesota (MN) Mississippi (MS) Missouri (MO) Montana (MT) Nebraska (NE) Nevada (NV) New Hampshire (NH) New Jersey (NJ) New Mexico (NM) New York (NY) North Carolina (NC) North Dakota (ND) Ohio (OH) Oklahoma (OK) Oregon (OR) Pennsylvania (PA) Rhode Island (RI) South Carolina (SC) South Dakota (SD) Tennessee (TN) Texas (TX) Utah (UT) Vermont (VT) Virginia (VA) Washington (WA) West Virginia (WV) Wisconsin (WI) Wyoming (WY)