Best 15-Year Jumbo Mortgage Rates June 2026 | As Low As 5.38%
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Brian McKay
Brian McKay
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Today's 15-year jumbo mortgage market includes offers such as Wrentham Co-operative BankWrentham Co-operative Bank1005 South St, Norfolk, MA 02056A+5.0 ★Texas Ratio: 0.00% offering 15 Year Fixed (Jumbo) at 5.50%, and Police And Fire Federal Credit UnionPolice And Fire Federal Credit Union1000 Easton Rd, Bensalem, NJ 08012 1497A+5.0 ★Texas Ratio: 0.61% offering 15-Year Fixed Jumbo at 5.38%, and WVS West View SBWVS West View SB100 Norman Dr, Cranberry Township, PA 15090A+5.0 ★Texas Ratio: 0.00% offering 15 Yr Jumbo Loan at 5.50%, and The Golden 1 Credit UnionThe Golden 1 Credit Union1030 Shaw Ave, Atascadero, CA 91762A+5.0 ★Texas Ratio: 5.04% offering 15-Year Fixed Jumbo Purchase at 5.75%, and Tower Federal Credit UnionTower Federal Credit Union1077 State Route 3 N, Annapolis, MD 20701A+5.0 ★Texas Ratio: 1.30% offering 15 Year Jumbo Loan at 5.62%.
A 15-year jumbo mortgage combines the fast equity-building of a 15-year term with financing for high-value properties above conforming loan limits. It is the most aggressive payoff structure available for jumbo borrowers — carrying a higher monthly payment but delivering the lowest total interest cost of any jumbo product.
15-Year Jumbo Mortgage Rates reflect actual verified offers from lenders. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: June 23, 2026
Compare 15-Year Jumbo Mortgage Rates Today
Source: Verified Mortgage Rate Data provided by MonitorBankRates.com
Lender
Product
Term
Rate ▲
APR
Profile
Wrentham Co-operative Bank
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
Norfolk, MA
15 Year Fixed (Jumbo)
5.50%
5.59%
▼
Rate5.50%
APR5.59%
Points0.000
UpdatedJun 22, 2026
Details
No additional details available.
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.61%
Bensalem, NJ
15-Year Fixed Jumbo
15-Year
5.38%
5.62%
▼
Rate5.38%
APR5.62%
Points1.500
UpdatedJun 23, 2026
Details
No additional details available.
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.61%
Bensalem, NJ
15-Year Fixed Rate Jumbo
15-Year
5.38%
5.63%
▼
Rate5.38%
APR5.63%
Points1.500
UpdatedJun 23, 2026
Details
No additional details available.
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.61%
Bensalem, NJ
15-Year Fixed Jumbo
15-Year
5.50%
5.69%
▼
Rate5.50%
APR5.69%
Points1.125
UpdatedJun 23, 2026
Details
No additional details available.
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.61%
Bensalem, NJ
15-Year Fixed Rate Jumbo
15-Year
5.50%
5.70%
▼
Rate5.50%
APR5.70%
Points1.125
UpdatedJun 23, 2026
Details
No additional details available.
WVS West View SB
Institution Rating:
A+5.0 ★Texas Ratio: 0.00%
Cranberry Township, PA
15 Yr Jumbo Loan
15 Yr
5.50%
5.75%
▼
Rate5.50%
APR5.75%
Points0.000
UpdatedJun 23, 2026
Details
Loan Amount: $832,751 - $1,500,000
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.61%
Bensalem, NJ
15-Year Fixed Jumbo
15-Year
5.62%
5.76%
▼
Rate5.62%
APR5.76%
Points0.750
UpdatedJun 23, 2026
Details
No additional details available.
The Golden 1 Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 5.04%
Atascadero, CA
15-Year Fixed Jumbo Purchase
5.75%
5.76%
▼
Rate5.75%
APR5.76%
Points0.125
UpdatedJun 16, 2026
Details
No additional details available.
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.61%
Bensalem, NJ
15-Year Fixed Rate Jumbo
15-Year
5.62%
5.76%
▼
Rate5.62%
APR5.76%
Points0.750
UpdatedJun 23, 2026
Details
No additional details available.
Tower Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.30%
Annapolis, MD
15 Year Jumbo Loan
5.62%
5.78%
▼
Rate5.62%
APR5.78%
Points0.750
UpdatedJun 16, 2026
Details
As Low As
Altura Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.87%
Banning, CA
15 Year - Jumbo Fixed
15 Year
5.50%
5.79%
▼
Rate5.50%
APR5.79%
Points0.000
UpdatedJun 16, 2026
Details
No additional details available.
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
Algonquin, IL
Jumbo Fixed-Rate Mortgages
15 Year
5.82%
▼
Rate
APR5.82%
Points1.000
UpdatedJun 16, 2026
Details
As Low As; 5.625%
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.61%
Bensalem, NJ
15-Year Fixed Jumbo
15-Year
5.75%
5.82%
▼
Rate5.75%
APR5.82%
Points0.375
UpdatedJun 23, 2026
Details
No additional details available.
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.61%
Bensalem, NJ
15-Year Fixed Rate Jumbo
15-Year
5.75%
5.83%
▼
Rate5.75%
APR5.83%
Points0.375
UpdatedJun 23, 2026
Details
No additional details available.
Vermont Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.31%
Barre, VT
Jumbo Programs 15 Year Fixed
15 Year Fixed
5.75%
5.86%
▼
Rate5.75%
APR5.86%
Points0.000
UpdatedJun 16, 2026
Details
No additional details available.
Virginia Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.07%
Charlottesville, VA
15yr Jumbo Fixed Rate Conventional
180
5.62%
5.86%
▼
Rate5.62%
APR5.86%
Points1.125
UpdatedJun 16, 2026
Details
payment example
Member One Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.86%
Christiansburg, VA
15yr Jumbo Fixed Rate Conventional
180
5.62%
5.86%
▼
Rate5.62%
APR5.86%
Points1.125
UpdatedJun 23, 2026
Details
payment example
Tower Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.30%
Annapolis, MD
15 Year Jumbo Loan
5.75%
5.87%
▼
Rate5.75%
APR5.87%
Points0.375
UpdatedJun 16, 2026
Details
As Low As
Randolph Brooks FCU
Institution Rating:
A+5.0 ★Texas Ratio: 4.42%
Allen, TX
Jumbo One-Time Close Construction 15 years Loan
15 years
5.62%
5.88%
▼
Rate5.62%
APR5.88%
Points0.000
UpdatedJun 23, 2026
Details
As Low As; Estimated Payment per $10,000: $82.37
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.61%
Bensalem, NJ
15-Year Fixed Jumbo
15-Year
5.88%
5.89%
▼
Rate5.88%
APR5.89%
Points0.000
UpdatedJun 23, 2026
Details
No additional details available.
Police And Fire Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.61%
Bensalem, NJ
15-Year Fixed Rate Jumbo
15-Year
5.88%
5.90%
▼
Rate5.88%
APR5.90%
Points0.000
UpdatedJun 23, 2026
Details
No additional details available.
Westerra Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 3.44%
Arvada, CO
Jumbo 15-Year Fixed - Purchase
15-Year Fixed
5.88%
5.91%
▼
Rate5.88%
APR5.91%
Points0.000
UpdatedJun 16, 2026
Details
Discount: 0.000%
Michigan State University Federal Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 8.72%
Algonquin, IL
Jumbo Fixed-Rate Mortgages
15 Year
5.91%
▼
Rate
APR5.91%
Points0.000
UpdatedJun 16, 2026
Details
As Low As; 5.875%
Tower Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.30%
Annapolis, MD
15 Year Jumbo Loan
5.88%
5.92%
▼
Rate5.88%
APR5.92%
Points0.000
UpdatedJun 16, 2026
Details
As Low As
Lighthouse Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 1.59%
Berlin, ME
Jumbo 15-Year Fixed Mortgage
5.88%
5.99%
▼
Rate5.88%
APR5.99%
Points0.000
UpdatedJun 11, 2026
Details
No additional details available.
Virginia Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 6.07%
Charlottesville, VA
15yr Jumbo Fixed Rate Conventional
180
5.62%
6.00%
▼
Rate5.62%
APR6.00%
Points2.000
UpdatedJun 16, 2026
Details
No additional details available.
Member One Federal Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 4.86%
Christiansburg, VA
15yr Jumbo Fixed Rate Conventional
180
5.62%
6.00%
▼
Rate5.62%
APR6.00%
Points2.000
UpdatedJun 23, 2026
Details
payment example
University of Michigan Credit Union
Institution Rating:
A5.0 ★Texas Ratio: 5.61%
Ann Arbor, MI
Jumbo Mortgage
15 year
6.00%
▼
Rate
APR6.00%
Points0.000
UpdatedJun 16, 2026
Details
Fixed Rate
California Coast Credit Union
Institution Rating:
A+5.0 ★Texas Ratio: 0.55%
Chula Vista, CA
15-year Jumbo Fixed
15-year
5.88%
6.00%
▼
Rate5.88%
APR6.00%
Points0.250
UpdatedJun 16, 2026
Details
No additional details available.
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The 15-year jumbo mortgage rates displayed are verified and sourced directly from the official websites of the listed financial institutions.
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15-Year Jumbo Mortgage Rate Trend
Daily average rates across all mortgage types
Daily mortgage rate averages compiled from our database of 8,500+ banks and credit unions — updated daily.
15-Year Jumbo — Avg
6.218%
▼ 0.012% from last week
The 15-year jumbo rate fell 0.012 points over the past 7 days to 6.218%, down from 6.230% last week.
Quick Reference — June 2026
Est. payment ($400k loan): $3,423/mo
Loan type: Fixed-rate, 15-year jumbo term
Best for: Faster payoff on high-value properties
Data source: 8,500+ lenders verified daily
As of Jun 23, 2026 • Daily averages from our database of 8,500+ U.S. banks & credit unions — updated daily
Powered by MonitorBankRates
15-Year Jumbo Mortgage Calculators
Methodology & Data Sources
Direct-Sourced & Verified Rate Data: Every 15-year jumbo mortgage rate on this page is sourced directly from the official website of the lending institution. Jumbo rates are tracked from both banks and credit unions with daily verification.
Coast-to-Coast Lender Coverage: Our database monitors over 8,500 banks and credit unions across all 50 states, capturing a diverse mix of community credit unions, regional banks, and online lenders. This breadth ensures you see competitive rates that many rate surveys miss.
Time-Stamped for Full Transparency: Because 30-year fixed mortgage rates can shift multiple times per week in response to 10-year Treasury movements and Federal Reserve policy changes, every rate entry carries its own specific "last updated" date. You always know exactly how fresh the data is.
Proprietary Lender Safety Ratings: Rate alone is only part of the picture. MonitorBankRates evaluates the financial stability of every listed institution using regulatory FDIC and NCUA data. Our composite Health Grades (A+ to F), Star Ratings, and Texas Ratio calculations give you a clear view of lender stability so you can borrow with confidence from a financially sound institution.
Frequently Asked Questions About 15-Year Jumbo Mortgage Rates
What is a 15-year jumbo mortgage?
A 15-year jumbo mortgage is a fixed-rate home loan that exceeds the FHFA conforming loan limit ($766,550 in most U.S. counties for 2024) and is repaid over 180 months. It combines the high-balance financing of a jumbo loan with the faster payoff and lower total interest cost of a 15-year term. Because the loan exceeds conforming limits, it cannot be sold to Fannie Mae or Freddie Mac, so lenders hold it in portfolio. The 15-year jumbo typically offers the lowest interest rate among jumbo loan options but carries the highest monthly payment.
How does a 15-year jumbo compare to a 30-year jumbo?
The 15-year jumbo has a higher monthly payment but far lower total interest cost than a 30-year jumbo. On a $1,000,000 loan, the 15-year payment is typically $2,500–$3,500/month more than the 30-year payment, but the total interest paid over the life of the loan can be $400,000–$600,000 less depending on rate levels. The 15-year also builds equity at roughly twice the rate of the 30-year in the early years. The right choice depends on whether you can comfortably sustain the higher payment without compromising cash flow or other financial goals.
What qualifies as a jumbo loan?
A jumbo loan is any mortgage that exceeds the conforming loan limits established annually by the Federal Housing Finance Agency (FHFA). In most U.S. counties, the 2024 limit for a single-family home is $766,550. In designated high-cost areas — including parts of California, New York, Colorado, and Hawaii — higher limits apply, reaching up to $1,149,825. Loans above these thresholds cannot be purchased by Fannie Mae or Freddie Mac, which is why lenders impose stricter borrower qualifications and hold them on their own balance sheets.
What credit score and qualifications do I need for a 15-year jumbo?
Most lenders require a minimum credit score of 700–720 for jumbo loans, with the best rates reserved for scores of 740–760 and above. Debt-to-income (DTI) ratios are typically capped at 43%. Because the 15-year payment is substantially higher than a 30-year, lenders apply additional scrutiny to ensure the higher payment is sustainable relative to your income. Cash reserves are also critical — most jumbo lenders require 12–24 months of total mortgage payments in liquid assets after closing.
How much down payment is required for a 15-year jumbo?
Most jumbo programs require 10%–20% down. Some lenders offer 10% down options for well-qualified borrowers on smaller jumbo amounts, while others require 20% or more, particularly at higher loan sizes. The higher the down payment, the better the rate and the lower the loan balance — both of which amplify savings on a 15-year loan. Even programs that permit 10% down typically reserve the best pricing for borrowers with 20%+ equity.
Who is a 15-year jumbo best suited for?
The 15-year jumbo is well suited for high-income borrowers purchasing luxury or high-value properties who want to minimize total interest paid and build equity rapidly. It is particularly popular with borrowers approaching retirement who want to pay off a high-value home before stopping work, buyers with strong, stable income who are less sensitive to cash flow constraints, and those refinancing an existing jumbo mortgage who want to accelerate payoff. Because the monthly commitment is significant, it is less appropriate for borrowers with variable income or those who want to preserve cash flow flexibility.
Are 15-year jumbo rates lower than 30-year jumbo rates?
Yes, typically. 15-year jumbo rates are generally 0.40%–0.75% below 30-year jumbo rates, reflecting the shorter duration and lower cumulative default risk for the lender. On a $1,000,000 loan, even a 0.50% rate difference translates to roughly $5,000/year in interest savings during the early years of the loan. Combined with the faster principal paydown, the 15-year produces dramatically lower total interest costs than the 30-year even before accounting for the rate advantage.
Can I refinance into a 15-year jumbo mortgage?
Yes. Refinancing into a 15-year jumbo is common among borrowers who originally took a 30-year jumbo and want to accelerate payoff — particularly when rates drop or their income has grown. The process requires a new appraisal, updated income and asset documentation, and re-qualification at current standards. The key calculation is whether the combination of a lower rate and faster payoff justifies the closing costs. On large loan balances, even a modest rate improvement can produce significant monthly savings that recover closing costs quickly.
What is the difference between interest rate and APR on a 15-year jumbo?
The interest rate is your annual borrowing cost. The APR (Annual Percentage Rate) incorporates the rate plus lender origination fees, points, and certain closing costs, all annualized. On a 15-year loan, upfront fees have a larger per-year impact on APR than on a 30-year loan because they are amortized over fewer payments. When comparing multiple jumbo lenders, the APR is especially valuable because it accounts for fee differences that may not be obvious from the rate alone. Always obtain quotes on the same day so market conditions are equivalent across comparisons.
How are 15-year jumbo rates determined?
Lenders price 15-year jumbo rates based on shorter-dated U.S. Treasury yields (primarily the 10-year and 5-year), the cost of portfolio funding, and their own risk and profitability targets. Because jumbo loans are not eligible for sale to Fannie Mae or Freddie Mac, each lender prices independently based on its balance sheet capacity and competitive strategy. This creates more variation in rates across lenders than you typically see in the conforming market, making it especially worthwhile to compare quotes from multiple banks and credit unions when shopping a 15-year jumbo.
What are today's best 15-year jumbo mortgage rates?
- Wrentham Co-operative Bank: 5.50% (15 Year Fixed (Jumbo))
- Police And Fire Federal Credit Union: 5.38% (15-Year Fixed Jumbo)
- WVS West View SB: 5.50% (15 Yr Jumbo Loan)
- The Golden 1 Credit Union: 5.75% (15-Year Fixed Jumbo Purchase)
- Tower Federal Credit Union: 5.62% (15 Year Jumbo Loan)
30-Year Fixed rates reflect actual verified offers from lenders actively lending to borrowers across the country. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated: June 23, 2026
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