Need A Jumbo Loan? Know These Four Things
Are you currently shopping for a home that will require a mortgage that is more than the typical conforming loan? If so, you are going to need a jumbo loan to secure the financing. Be aware that these loans are a bit different from the standard loans that your lender offers for home buyers in the following four ways. Large Loan Limit The most obvious benefit of a jumbo loan is the large loan limit.