The Jumbo Loan Programs
What are Jumbo Loan Programs?
A jumbo loan is a type of mortgage that is used to finance homes that are too expensive for a traditional conventional loan. Homes that exceed the local conforming limit, which in most cases is $647,200, require a jumbo loan. Jumbo loans are available for purchase, cash-out refinance, and rate and term refinances.
Benefits of a Jumbo Loan Programs
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