jumbo: Jumbo Mortgage
- 11/20/20 10:45 AM
You may have come across your dream home and due to the high purchase price you no longer are eligible for a conforming loan so now you must look at a "Jumbo Loan" About Jumbo Home Loan: A Jumbo Home Loan offers you the opportunity to buy a high priced home with great financing flexibility. Current conventional conforming loan limits are $510,400 for most counties in California. In high cost areas like Los Angeles county the limit is $765,600. 2021 conforming loan limits in Califonia are expected to be able these levels. So any loan amount above these levels is considered a Jumbo Home Loan. Basic Facts … (1 comments)
You may have come across your dream home and due to the high purchase price you no longer are eligible for a conforming loan so now you must look at a "Jumbo Loan" 
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