Jumbo loans are just loans over a certain number, nothing to do with how much you can afford to pay for a house. I put 20% down (and could have put down more, b

Jumbo loans are just loans over a certain number, nothing to do with how much you can afford to pay for a house. I put 20% down (and could have put down more, but the bank rates were pretty good so the better move was to keep investing the extra money) and still got what was considered a jumbo loan because even with 20% down I had to borrow > 750k.