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A Jumbo Loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. As of 2021, the limit is $548,250 for most of the United States.
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Program Overview
A Jumbo Loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. As of 2021, the limit is $548,250 for most of the United States.
Rates may be a bit higher on Jumbo Loans and a higher down payment may be required because lenders generally have a higher risk for these uninsured loans.
Our online tools and broad knowledge make getting a home loan easier, plus our personal help can guide you to the best loan program for your current needs. New or repeat buyers, we offer a better way to get a home loan.
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