4 Best Jumbo Loans in Kansas


Jumbo mortgage loans in Kansas free you from many of the complexities that come with financing a large home.

Key Terms

  • Jumbo loans let you finance a larger home with just one loan.
  • You can take advantage of higher lending limits with jumbo loans.
  • Many of the lenders we found in our research do not require large down payments on jumbo loans.

Perhaps the most iconic of the Great Plains states, Kansas boasts rolling hills and vast beautiful prairies. In between all that expanse are lovely communities that attract people for their high quality of life and midwestern values like Overland Park, Kansas City and Wichita. 

Unfortunately, affording a home is not so easy these days, however, even in Kansas. Whether you live in the city or in the country, home prices are going up on the real estate market. According to the Kansas Association of Realtors, the average purchase price of a home in Kansas is $260,366.  In some areas of the state, especially in metro areas, home prices are getting higher than the limits on conventional loans, making it harder to finance a single-family home. 

For the most recent year, the HDMA data places Kansas 35th in the country in terms of mortgage origination activity, with a total of $1.395 billion in jumbo mortgages originated. That means that plenty of the citizens of Kansas are turning to these financial products. 

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What is the jumbo loan limit in Kansas?

The jumbo loan limit in Kansas is $647,200 for all counties in the state. Any loan that exceeds $647,200 is a jumbo loan in the state of Kansas. Any loan that is less than $647,200 is a conforming loan in the state of Kansas.

Kansas Jumbo Loan Limits (December 2022)

Kansas county-by-county jumbo loan, conforming loan and FHA loan limits.

Kansas
County
Kansas
Jumbo loan
(1-unit)
Kansas
Conforming
loan limit
(1-unit)
Kansas
FHA loan limit
(1-unit)
Allen$647,200+$647,200 $420,680
Anderson$647,200+$647,200 $420,680
Atchison$647,200+$647,200 $420,680
Barber$647,200+$647,200 $420,680
Barton$647,200+$647,200 $420,680
Bourbon$647,200+$647,200 $420,680
Brown$647,200+$647,200 $420,680
Butler$647,200+$647,200 $420,680
Chase$647,200+$647,200 $420,680
Chautauqua$647,200+$647,200 $420,680
Cherokee$647,200+$647,200 $420,680
Cheyenne$647,200+$647,200 $420,680
Clark$647,200+$647,200 $420,680
Clay$647,200+$647,200 $420,680
Cloud$647,200+$647,200 $420,680
Coffey$647,200+$647,200 $420,680
Comanche$647,200+$647,200 $420,680
Cowley$647,200+$647,200 $420,680
Crawford$647,200+$647,200 $420,680
Decatur$647,200+$647,200 $420,680
Dickinson$647,200+$647,200 $420,680
Doniphan$647,200+$647,200 $420,680
Douglas$647,200+$647,200 $420,680
Edwards$647,200+$647,200 $420,680
Elk$647,200+$647,200 $420,680
Ellis$647,200+$647,200 $420,680
Ellsworth$647,200+$647,200 $420,680
Finney$647,200+$647,200 $420,680
Ford$647,200+$647,200 $420,680
Franklin$647,200+$647,200 $420,680
Geary$647,200+$647,200 $420,680
Gove$647,200+$647,200 $420,680
Graham$647,200+$647,200 $420,680
Grant$647,200+$647,200 $420,680
Gray$647,200+$647,200 $420,680
Greeley$647,200+$647,200 $420,680
Greenwood$647,200+$647,200 $420,680
Hamilton$647,200+$647,200 $420,680
Harper$647,200+$647,200 $420,680
Harvey$647,200+$647,200 $420,680
Haskell$647,200+$647,200 $420,680
Hodgeman$647,200+$647,200 $420,680
Jackson$647,200+$647,200 $420,680
Jefferson$647,200+$647,200 $420,680
Jewell$647,200+$647,200 $420,680
Johnson$647,200+$647,200 $420,680
Kearny$647,200+$647,200 $420,680
Kingman$647,200+$647,200 $420,680
KKansas$647,200+$647,200 $420,680
Labette$647,200+$647,200 $420,680
Lane$647,200+$647,200 $420,680
Leavenworth$647,200+$647,200 $431,250
Lincoln$647,200+$647,200 $420,680
Linn$647,200+$647,200 $431,250
Logan$647,200+$647,200 $420,680
Lyon$647,200+$647,200 $420,680
Mcpherson$647,200+$647,200 $420,680
Marion$647,200+$647,200 $420,680
Marshall$647,200+$647,200 $420,680
Meade$647,200+$647,200 $420,680
Miami$647,200+$647,200 $431,250
Mitchell$647,200+$647,200 $420,680
Montgomery$647,200+$647,200 $420,680
Morris$647,200+$647,200 $420,680
Morton$647,200+$647,200 $420,680
Nemaha$647,200+$647,200 $420,680
Neosho$647,200+$647,200 $420,680
Ness$647,200+$647,200 $420,680
Norton$647,200+$647,200 $420,680
Osage$647,200+$647,200 $420,680
Osborne$647,200+$647,200 $420,680
Ottawa$647,200+$647,200 $420,680
Pawnee$647,200+$647,200 $420,680
Phillips$647,200+$647,200 $420,680
Pottawatomie$647,200+$647,200 $420,680
Pratt$647,200+$647,200 $420,680
Rawlins$647,200+$647,200 $420,680
Reno$647,200+$647,200 $420,680
Republic$647,200+$647,200 $420,680
Rice$647,200+$647,200 $420,680
Riley$647,200+$647,200 $420,680
Rooks$647,200+$647,200 $420,680
Rush$647,200+$647,200 $420,680
Russell$647,200+$647,200 $420,680
Saline$647,200+$647,200 $420,680
Scott$647,200+$647,200 $420,680
Sedgwick$647,200+$647,200 $420,680
Seward$647,200+$647,200 $420,680
Shawnee$647,200+$647,200 $420,680
Sheridan$647,200+$647,200 $420,680
Sherman$647,200+$647,200 $420,680
Smith$647,200+$647,200 $420,680
Stafford$647,200+$647,200 $420,680
Stanton$647,200+$647,200 $420,680
Stevens$647,200+$647,200 $420,680
Sumner$647,200+$647,200 $420,680
Thomas$647,200+$647,200 $420,680
Trego$647,200+$647,200 $420,680
Wabaunsee$647,200+$647,200 $420,680
Wallace$647,200+$647,200 $420,680
Washington$647,200+$647,200 $420,680
Wichita$647,200+$647,200 $420,680
Wilson$647,200+$647,200 $420,680
Woodson$647,200+$647,200 $420,680
Wyandotte$647,200+$647,200 $431,250

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What are conforming loan limits?

Conforming loan limits are set by the Federal Housing Finance Agency (FHFA), the government agency which oversees Fannie Mae and Freddie Mac, the two home mortgage companies that buy most of the home loans made in the U.S. from mortgage lenders and resell them to private investors.

4 Top Kansas jumbo loan lenders

If you’re in the market for a home in Kansas, consider these jumbo mortgage loans that are available to state residents.

1. Flagstar Bank

Flagstar Bank has a jumbo product in all 50 states, making it a popular choice among many people looking for higher mortgage amounts. If you’re considering a jumbo mortgage, you’ll want to compare Flagstar’s rates as part of your analysis.

We reached out to a loan officer at Flagstar Bank to get details on their jumbo mortgage. Here are the highlights:

  • Loan amounts up to $3 million on primary residences
  • Loan amounts up to $2.5 million on second homes
  • Purchase and rate/term refinance options available on primary residences and second homes
  • No prepayment penalties
  • First-time homebuyers permitted
  • No mortgage insurance options available, resulting in lower monthly payments
  • Cash-out options available on primary residence

When you’re ready to connect with a loan officer experienced in jumbo mortgages, use our form to quickly match with jumbo loan programs based on your specific circumstances.

2. SoFi

SoFi is a financial institution based in California that specializes in student loan refinance options, PLUS loans and flexible repayment terms. You might not know that they also offer jumbo loan mortgages.

We spoke to a loan officer at SoFi to discuss their jumbo loan mortgage and this is what we learned:

  • Loan amounts up to $3 million
  • Down payments start at 10% and increase as the loan amount increases.
  • No PMI, regardless of your down payment amount.
  • 15-year or 30-year fixed rate products available

When you’re ready to connect with a loan officer experienced in jumbo mortgages, use our form to quickly match with jumbo loan programs based on your specific circumstances.

3. BMO Harris Bank

BMO Harris Bank is an established player in the mortgage industry that ranks 16th largest by total assets in the country. The bank offers a full range of financial products, including a jumbo loan.

We spoke to a BMO Harris loan officer to get additional details about their jumbo loan rates, many of which aren’t published. Here are some key terms and highlights:

  • 10% down to $1 million (740+ credit score)
  • 15% down to $1.5 million (720+ credit score)
  • 20% down to $2 million (700+ credit score)
  • 25% down to $3 million (700+ credit score)
  • 30% down to $5 million (700+ credit score)
  • 45% down over $5 million (700+ credit score)
  • 30/20/15/10 year fixed
  • 5/6, 7/6, and 10/6 ARMs (adjustable-rate mortgages)
  • All 50 states
  • 12 months reserves

When you’re ready to connect with a loan officer experienced in jumbo mortgages, use our form to quickly match with jumbo loan programs based on your specific circumstances.

4. Huntington Bank

Huntington Bank is the 26th largest bank in the United States. Operating primarily out of the Midwest, their mortgage group can service a large part of the country. Huntington has a competitive jumbo loan product with no money down financing options.

We contacted a loan officer at Huntington Bank to gather information about the jumbo mortgage and here’s what we heard back:

  • Loan amounts up to $2.5 million
  • Purchase and refinance available
  • Refinancing allows you to take up to $750,000 of equity out of your home.
  • Second homes are eligible
  • Multi-unit properties are eligible

When you’re ready to connect with a loan officer experienced in jumbo mortgages, use our form to quickly match with jumbo loan programs based on your specific circumstances.

The main advantages of getting a jumbo loan in Kansas

When would-be buyers want to finance a large or expensive property in Kansas, they have two options with conventional loans. One is to put down a huge down payment that counterbalances the limits on these loans. In other words, if a property has a price tag of 1.2 million, a borrower would have to put down 600k to get a conventional mortgage. The second option would be to take out several different mortgages at once, which can make for a very complicated financial picture. 

The main advantage of a jumbo loan is that you can finance an expensive home with just a single mortgage. The limits on jumbo loans are much higher, meaning that you will very likely be able to finance a larger purchase with just one jumbo loan. This makes for a much easier process. 

Another advantage? You most likely won’t have to put down a large down payment. In some cases, you may be able to put down far less than the usual 20 percent expected on many conventional loans. 

Does a Kansas jumbo loan make sense for you?

Is a Kansas jumbo loan right for you? Start off by looking at your credit score. Is it in good shape? Then you might be moving in the right direction with a Kansas jumbo loan. These loans require stellar credit and low debt-to-income ratios, due to the risk exposure banks have with these loans. 

Are you okay with paying a higher interest rate? These loans can come with higher interest rates, so keep this in mind. Many Kansans are fine with paying more for the ease of financing that comes with a jumbo loan. If that sounds like you, then looking into jumbo loans may well make sense for you. 

If you’re looking to explore jumbo mortgage loans in other states, check out our national overview of jumbo loans as a starting point in your search.

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Joshua Holt

Joshua Holt is a licensed mortgage loan originator (NMLS #2306824) and founder of Biglaw Investor. His mortgage expertise lies in the areas of professional mortgage loans, particularly for lawyers, doctors and other high-income professionals. Prior to Biglaw Investor, Josh practiced private equity mergers & acquisition law for one of the largest law firms in the country.

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