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If I was a giving a presentation to a bunch of real estate agents I'd want them to know that I know all about the local job market. The Census Bureau disgorged a collection of information on exactly ...
If you’re in the market for a luxury home, you may need a jumbo mortgage. A jumbo mortgage is a type of home loan exceeding the conforming loan limits set by the Federal Housing Finance Agency (FHFA).
In today’s high-cost housing market, you don’t need to be shopping for a mansion to stumble into jumbo loan territory. Traditionally used for luxury properties, jumbo loans are becoming an everyday ...
Taking out a mortgage with an origination balance higher than whatever the conventional loan limit was at the time used to be an expensive proposition. Home buyers and refinancers had an incentive to ...
The maximum size of a jumbo loan varies by your mortgage lender and location, as does the exact qualifying guidelines. Because the market for jumbo loans is smaller, you might need to shop around a ...
To buy a pricey house or live in an expensive location, many home buyers must go big to go home. They need a jumbo loan. Most mortgage programs have strict lending caps set by the government. Those ...
A&D Mortgage’s Prime Jumbo product is an automatic underwriting system-only loan. A&D Mortgage released its Prime Jumbo loan product effective immediately. The company states that the new product ...
Borrowers looking to take advantage of record-low interest rates may be out of luck if they need a home loan that exceeds $625,500. The average rate on these jumbo mortgages hit 7 percent this week ...
June was a rough month for jumbo-mortgage securitizations, with only two private-label offerings — together valued at roughly $821 million — brought to market. The two jumbo-loan deals to make it out ...
With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...
A jumbo mortgage exceeds the annual loan limit set by the Federal Housing Finance Agency. In 2025, that ceiling is $806,500 for a single-family home in most of the U.S. However, some high-cost areas — ...
Text Callout : Key Takeaways - What Is a Jumbo Loan? A jumbo loan is a mortgage that exceeds the conforming loan limits set ...