What Qualifies As A Jumbo Loan
Contents Housing finance agency (fhfa Exceeds conforming loan Highly competitive real estate Mortgage source 6 comments Government insured mortgage. fha What Qualifies As A Jumbo Loan Jumbo Mortgage Loan is a perfect option for homes above a $417,000 price tag. It requires 25%-30% down payment and a credit score above 700. jumbo loans can be used for primary, secondary, vacation homes or investment properties. A jumbo loan, also known as a jumbo mortgage, is a type of financing that exceeds the limits set by the Federal housing finance agency (fhfa).…
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