Jumbo Loan
A Jumbo loan is a loan that exceeds the loan limits of a conventional loan . In most counties, this is any loan that exceeds $548,250. To get approved for a Jumbo mortgage good credit is required and normally a 20% down payment.
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A Jumbo loan is a loan that exceeds the loan limits of a conventional loan . In most counties, this is any loan that exceeds $548,250. To get approved for a Jumbo mortgage good credit is required and normally a 20% down payment.