Category: Jumbo Loan

Jumbo Vs Conforming Loan Rates

Contents Loans (loan amounts Maximum loan amounts Fha fixed rate conforming mortgage Today: jumbo loans Jumbo Loan vs Conforming Loan – – Applying for a jumbo loan is generally more difficult than for a conforming loan. A conforming loan is any loan amount of $453,100 or less. A jumbo loan is any loan higher […]

Conforming Vs Jumbo Loan Limits

Contents Conforming loan limit Jumbo loans (loan amounts Conforming limit set High home prices Maximum loan amounts Conforming mortgages vary conforming loan limit Definition – Mortgages that exceed the conforming loan limit are known as nonconforming or jumbo mortgages. The interest rate on jumbo mortgages can be higher than the interest rate on conforming mortgages.. […]