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  2. 2024 jumbo loan limits by state

    www.aol.com/finance/2024-jumbo-loan-limits-state...

    The conforming loan limits set by the Federal Housing and Finance Agency (FHFA) change every year. For 2024, the upper limit is $766,550 to $1,149,825, depending on location. Jumbo loans are ...

  3. Conforming loan limits in 2024 - AOL

    www.aol.com/finance/conforming-loan-limits-2024...

    For much of the U.S., the divide between conforming loans and jumbo mortgages will be $766,550.

  4. Jumbo mortgage - Wikipedia

    en.wikipedia.org/wiki/Jumbo_mortgage

    Jumbo mortgage. In the United States, a jumbo mortgage is a mortgage loan that may have high credit quality, but is in an amount above conventional conforming loan limits. [1] This standard is set by the two government-sponsored enterprises (GSE), Fannie Mae and Freddie Mac, and sets the limit on the maximum value of any individual mortgage ...

  5. What is a jumbo loan and when do you need one?

    www.aol.com/finance/jumbo-loan-one-133806802.html

    For example, one mortgage lender Bankrate reviewed calls for a minimum 680 credit score to be considered for a jumbo loan versus 620 for a conforming loan. Another mortgage lender asks for a 700 ...

  6. Conforming loan - Wikipedia

    en.wikipedia.org/wiki/Conforming_loan

    Conforming loan. In the United States, a conforming loan is a mortgage loan that both meets the underwriting guidelines of Fannie Mae and Freddie Mac (the Enterprises or GSE) and that does not exceed the conforming loan limit. [1] The most well-known guideline is the size of the loan which, for 2022, was generally limited to $647,200 for one ...

  7. Super jumbo mortgage - Wikipedia

    en.wikipedia.org/wiki/Super_jumbo_mortgage

    The minimum loan amount for some lenders to classify a loan as Super Jumbo ranges from $500,000 (with the exception of Alaska, Hawaii, Guam, and the US Virgin Islands where jumbo loan limits on single family residences are $625,000, or 50% higher) to $1,500,000, with maximum super jumbo loan amounts generally running into the $10,000,000 to ...

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