Jumbo loans offer higher loan amounts but come with stricter requirements Written By Written by Contributor, Buy Side Beth DeCarbo is a contributor to Buy Side and a real estate expert. Updated ...

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 ...

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 ...

The Federal Housing Financing Agency is a government agency that sets a home loan conforming limit. If a home loan is greater than this limit, it is categorized as a jumbo mortgage. Not every lender ...

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 ...

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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 ...

In most parts of the U.S., a jumbo loan is a mortgage of more than $806,500 as of 2025, but the amount varies by location. Jumbo loans generally require a higher credit score, a higher level of income ...

Each year, the Federal Housing Finance Agency sets limits on how much it will guarantee mortgage loans made by lenders. You may need to borrow more than that, especially if you live in an area with ...