Refinancing your mortgage can make financial sense for many reasons. You may qualify for better loan terms that can make your monthly mortgage payments more affordable. Or you can shorten your loan ...

For older homeowners who need cash, a reverse mortgage may be an option. But if your home value is higher than federal reverse mortgage limits allow, you might consider a jumbo reverse mortgage. Jumbo ...

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Fortunately, the best jumbo loan lenders offer mortgages with amounts ranging from the conventional loan maximum all the way to tens of millions of dollars. Here, we'll discuss some of the most ...

If you want to buy a high-priced home and need to finance most of the purchase, you’ll need a larger-than-usual mortgage: a jumbo loan. Here’s how jumbos work, and the current limits, state by state.

Jackie Lam is a contributor for CNET Money. A personal finance writer for over 8 years, she covers money management, insurance, investing, banking and personal stories. An AFC® accredited financial ...

In today’s high-cost housing market, you don’t need to be shopping for a mansion to stumble into jumbo loan territory. Traditionally used for luxury properties, jumbo loans are becoming an everyday ...

After years of high borrowing costs, many older homeowners are considering the idea of tapping into their home equity to borrow money right now. And, while there are a number of affordable ways to do ...

Bank statement loans are expanding mortgage options for self-employed buyers and homeowners, offering flexible income qualification as interest rates move closer to 2025 lows.

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

Why are jumbo loan limits necessary? Conforming loan limits are set by the FHFA, which oversees Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that buy the majority of U.S ...