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Jumbo loans are for mortgages with a loan amount that exceeds $417,000. In some areas the jumbo loan limit may be higher. There are several factors that affect whether you might require a jumbo loan.
- The value and location of your home.
- The amount of your down payment.
- The possibility of obtaining two mortgages.
If you are considering a jumbo loan, we have experienced loan advisors ready to help you explore your options and to find the best mortgage solution for you.