Definition of Jumbo Loan

  What is the Definition of a Jumbo Loan  Jumbo Loans exceed the conforming and conforming high-balance loan limits: The current conforming loan limit for a single-family home is $417,000 for all states—except Hawaii and Alaska, where it is $625,500 In federally designated high-priced markets in the continental United States, conforming high-balance limits range from $417,001[…]