Question

 What is a jumbo mortgage rate?

Answer A jumbo rate is charged to a borrower whose mortgage balance is above the conventional mortgage limit. The conventional mortgage limit is $417,000 for most of the United States.SignificanceA jumbo ... Read More »
http://www.answerbag.com/q_view/1982403

Top Q&A For: What is a jumbo mortgage rate

How much is a jumbo mortgage?

A jumbo mortgage is any mortgage loan or debt that exceeds the conventional loan limit size of $417,000. In Alaska, Guam, Hawaii and the Virgin Islands, that limit is anything above $625,500.Source... Read More »
http://www.answerbag.com/q_view/1867971

How to Get a Jumbo Mortgage Loan?

In the United States, a jumbo mortgage is a mortgage with a loan amount above conventional conforming loan limits. This standard is set by the two government-sponsored enterprises Fannie Mae and Fr... Read More »
http://www.wikihow.com/Get-a-Jumbo-Mortgage-Loan

What constitutes a jumbo mortgage?

A mortgage is a loan used to purchase or construct your home. A jumbo mortgage is a home loan that exceeds the conforming loan limits set by Fannie Mae.Conforming Loan LimitsThe conforming loan lim... Read More »
http://www.answerbag.com/q_view/1951213

What is a jumbo mortgage loan?

A jumbo mortgage loan is a mortgage that exceeds the limit set by Fannie Mae. Fannie Mae is a government organization that guarantees mortgages.SizeThe conforming loan limit is adjusted each year b... Read More »
http://www.answerbag.com/q_view/1959929


feedback
loading