Jumbo loans went the way of stated income/stated assets loans in recent years. But they will come back, because there is a huge market for them, at least on a regional basis (e.g., the South Bay). Jumbo rates are coming down of late, to the extent that they are available. The tradeoff is that down payment reuirements are quite high.
And NO, there are not meaningful jumbo stated income loans out there yet unless you're willing to put down 40-50%! For more info: Jumbo mortgages now more affordable Amy Hoak's Home Economics - MarketWatch
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