Jumbo Loans: Breakdown

Jumbo Loans A Quick Breakdown A jumbo mortgage is a home loan for an amount that exceeds conforming loan limits established by regulation. The limit is $417,000 in most of the United States but is $625,500 in the highest-cost areas. There are 3,143 counties in the United States (if you count Alaska’s boroughs, Louisiana’s parishes[…]

Jumbo Loan Threshold

Jumbo Loan Threshold

Jumbo Loan Threshold: What is a Jumbo Loan Threshold? To fully understand what a Jumbo Loan Threshold is, the knowledge of what makes a Jumbo Loan is invaluable. In most area’s of the continental United States there are two basic categories, among many, that help distinguish loans from each other. These sections are conforming loan[…]

Jumbo Loan Mortgage

Jumbo Loan Calculators

Jumbo Loan Calculator: What is a Jumbo Loan Calculators? A jumbo loan calculator is a program which combines an equation that takes a customers credit score and their total desired sum of borrowed money¬†and can push out customized information based on whatever information they input. Because a Jumbo Loan is simply a loan which does[…]