What Is A Jumbo

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Posted on January 02, 2019 at 17:38 PM



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Jumbo Loan Limits in Sacramento County California for 2016 ...
Jumbo Loan Limits in Sacramento County California in 2016. What is a jumbo loan? In the Sacramento area a jumbo loan is any loan that is over the conforming loan limit. Jumbo loans typically will go up to $2 million and anything over $2 million is considered a “super jumbo loan.”
30-Year Fixed Jumbo Home Loan
What is a Jumbo Loan? A jumbo loan is just what it sounds like—a large Home Loan. A jumbo loan can also be referred to as a non-conforming mortgage because it doesn’t conform to the loan limits created by Congress via the Federal Home Loan Mortgage Corporation (sometimes referred to as Freddie Mac) and the Federal National Mortgage Association (FNMA, sometimes referred to as Fannie Mae).
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