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 ...
Jumbo loans exceed FHFA limits, meaning they can't be resold to Fannie Mae and Freddie Mac. Securing a jumbo loan often requires a 700+ credit score, 10%-20% down payment, and multiple property ...
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