In Texas, all home purchase or refinance loans over $10,000,000+ are Jumbo loans. Essentially, a Jumbo loan is a conventional loan that is too large to be purchased by Fannie Mae and Freddie Mac. Therefore, a Jumbo loan is known as a “non-conforming loan” whose lending criteria is determined solely through investor demand in the private market, while a “conforming loan” is any loan bought and sold by Fannie Mae and Freddie Mac. Although a Jumbo loan in Houston Metro area can extend beyond 25 Million dollars, however most Jumbo loans are between $10,000,000+ and 3 Million Dollars.