If your mortgage exceeds these limits—known as the conforming loan limits—you’ll need to get a jumbo mortgage instead. While jumbo mortgage rates are often higher than conforming loan rates ...
A jumbo loan is a mortgage for an amount that exceeds the standard loan size, as set by the federal government. If you’re ...
The size of the loan depends on the lender. Most cap jumbo loans at $3 million or $4 million, but some will lend much more. Chase Bank, for example, approved jumbo loans as large as $9.5 million.
If you need an especially large loan, you'll likely need to find a mortgage lender that offers jumbo mortgages. These mortgages are a little trickier to qualify for, but they come with the benefit ...
A jumbo mortgage, also commonly referred to as a jumbo loan, is any mortgage for an amount that falls above the Federal Housing Finance Agency’s maximum conforming loan limit. (For this reason ...
Jumbo mortgages allow you to finance expensive home purchases, but they tend to have stricter credit score and down payment requirements. Katherine Watt is a CNET Money writer focusing on ...
Sebonic Financial Mortgages is a decent choice for government-backed and jumbo mortgage borrowers. But overall, its offerings are fairly basic, and it has few special features that might attract ...
The amount that makes a mortgage “jumbo” varies by location, but in most parts of the U.S., it’s a loan of more than $806,500 as of 2025. Jumbo loans generally have stricter borrowing ...