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Jumbo Mortgage Loans - Things You Should Know
By Team iBizExpert On April 13, 2022 06:27 PM
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A "Jumbo Mortgage" is a mortgage loan that is for a total amount that is more than what is allowed by standard limits. Jumbo loans are just mortgages for larger amounts than usual. A "conforming, conventional" loan is the gold standard of...
3 Things To Know About Jumbo Mortgage Loans
By Team iBizExpert On March 12, 2022 12:56 PM
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The total amount of a jumbo mortgage loan is more than $417,000. Loans above this threshold aren't much different from those below, but for borrowers who aren't used to this kind of market, the differences can be big. It's also important to know...
What the Heck is a Jumbo Mortgage Loan?
By Team iBizExpert On March 06, 2022 11:15 PM
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You may have heard the term "jumbo mortgage loan" and wondered what it meant. Well, I'll explain what it means and why it's important for you to understand it in this short article.
A mortgage loan is called a "jumbo mortgage loan" if it...
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