Non-Conforming Loan

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January 1, 1 6 min read Definitions
Jumbo Mortgage
Jumbo Mortgage Non-Conforming Loan Freddie Mac Fannie Mae Luxury Homes Private Investors High-Value Properties Lending Standards
A Jumbo Mortgage is a type of home loan that exceeds the conforming loan limit set by governmental bodies like Freddie Mac and Fannie Mae. These loans are often used for purchasing luxury homes or properties in highly competitive markets.
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