Text Callout : Key Takeaways - What Is a Jumbo Loan? A jumbo loan is a mortgage that exceeds the conforming loan limits set by the Federal Housing Finance Agency, or FHFA, which oversees Fannie Mae ...

You might need a jumbo mortgage (aka jumbo loan) if you're buying an expensive property or even a regular home in a pricey market. That's because conforming loans — those meeting Fannie Mae and ...

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 ...