Welcome to The Mortgage Advice Forums, where borrowers get fast answers and free advice from Certified Mortgage Planning Specialists (CMPS)

Go Back   Welcome to The Mortgage Advice Forums, where borrowers get fast answers and free advice from Certified Mortgage Planning Specialists (CMPS) > Types of Mortgage Loans > Jumbo Mortgage Loans
Register FAQDonate Members List Calendar Search Today's Posts Mark Forums Read

Jumbo Mortgage Loans Currently, the conforming loan limit for a single family residence is $417,000; therefore loans greater than this amount cannot be sold to Fannie Mae or Freddie Mac on the secondary market and are therefore known as "jumbo" mortgages.

Reply