Buying or refinancing a higher-value home in Virginia often means stepping outside conforming loan guidelines. Jumbo loans carry their own documentation, reserve and appraisal expectations, and those expectations differ from one lender and investor to the next. Start here for a clear overview of how jumbo financing works, what to gather before you apply and how county-level limits affect your options, then choose your city to speak with a licensed lender serving Virginia.
Call to talk with a licensed loan officer. Programs vary by borrower, property and investor.
Virginia recording costs: State recordation tax on deeds and on deeds of trust/mortgages, city or county recordation tax, and the grantor tax on deeds - all collected by the circuit court clerk as a prerequisite to recording. Your Loan Estimate lists the taxes that apply to your loan.
Where jumbo loans activity is highest in Virginia
| County | loans originated (2024 HMDA) |
|---|---|
| Fairfax County | 898 |
| Loudoun County | 369 |
| Arlington County | 283 |
| the City of Virginia Beach | 264 |
| Albemarle County | 124 |
| the City of Alexandria | 123 |
| Chesterfield County | 118 |
| Henrico County | 102 |
| the City of Richmond | 87 |
| the City of Chesapeake | 74 |
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Prefer to talk first? Call (888) 912-6746. Applying is not a loan approval or commitment to lend; programs vary by borrower, property and investor. ClearPoint Mortgage Advisors, NMLS #173855. Properties in FL, NY, NJ, PA, CT and VA only.
Jumbo Loans by city in Virginia
- Alexandria
- Annandale
- Aquia Harbour
- Arlington
- Ashburn
- Belle Haven
- Belmont
- Brambleton
- Broadlands
- Buckhall
- Burke
- Burke Centre
- Cascades
- Centreville
- Chantilly
- Charlottesville
- Cherry Hill
- Countryside
- Crosspointe
- Crozet
- Dranesville
- Dulles Town Center
- Dunn Loring
- Fair Lakes
- Fair Oaks
- Fairfax
- Fairfax Station
- Falls Church
- Floris
- Fort Belvoir
- Fort Hunt
- Franconia
- Franklin Farm
- Fredericksburg
- Gainesville
- George Mason
- Great Falls
- Greenbriar
- Groveton
- Herndon
- Huntington
- Hybla Valley
- Idylwood
- Independent Hill
- Innsbrook
- Kings Park
- Kings Park West
- Kingstowne
- Lake Barcroft
- Lake Ridge
- Lansdowne
- Laurel Hill
- Leesburg
- Lincolnia
- Linton Hall
- Long Branch
- Lorton
- Loudoun Valley Estates
- Lowes Island
- Mantua
- Massanetta Springs
- McLean
- McNair
- Merrifield
- Montclair
- Mount Vernon
- Neabsco
- New Baltimore
- Newington
- Newington Forest
- North Springfield
- Oakton
- Pimmit Hills
- Potomac Mills
- Purcellville
- Quantico Base
- Reston
- Rose Hill
- Short Pump
- South Riding
- South Run
- Springfield
- Sterling
- Stone Ridge
- Sugarland Run
- Triangle
- Tuckahoe
- Tysons
- Vienna
- Wakefield
- Warrenton
- West Falls Church
- West Springfield
- Wolf Trap
- Woodburn
- Wyndham
- Yorkshire
Common questions
Can I avoid a jumbo loan by using two mortgages?
Some buyers pair a conforming first mortgage with a second mortgage or home equity line to stay under the limit. This is sometimes called a piggyback structure. It can make sense in certain situations, but it adds a second lien, a second set of terms and possibly a variable rate on the second loan. Ask a lender to compare both structures side by side on official Loan Estimates.
Is a jumbo loan only for buying a home?
No. Owners of high-value homes also use jumbo refinances to change from an adjustable to a fixed structure, adjust the term, remove a co-borrower or take cash out. The same closer look at income, assets and appraised value applies. If your current balance has dropped below the conforming limit for your county, a conforming refinance may also be an option worth comparing.
Does the conforming limit change every year?
Yes. FHFA reviews home price data and announces new conforming limits annually, and the figures vary by county. A loan amount that counted as jumbo in one period could fall under the limit later, or the reverse. Because the number shifts, ask a lender to confirm the limit for your specific county at the time you apply rather than relying on an older figure you saw online.
Related guides
- Jumbo Loans Explained
- Documents Needed for a Mortgage
- How to Choose a Mortgage Lender
- First-Time Home Buyer Programs in Virginia
Jumbo Loans overview · Virginia mortgage overview
- 2024 Home Mortgage Disclosure Act (HMDA) data; U.S. Census Bureau Building Permits Survey 2025