– SmartAsset.com – What You Should Know About Jumbo Loans. Jumbo loans are mortgages that are more expensive than traditional loans. For single-family homes, that means a mortgage amount greater than $453,100. That number is known as the conforming loan limit and it’s the maximum loan amount that Fannie Mae or Freddie Mac can back.
Maximum LTV/TLTV/HTLTV ratios for certain mortgage products and property types listed below that vary from those shown above may be found in other sections of the Single-Family Seller Servicer Guide. Mortgages secured by a Manufactured Home – Guide Section 5703.3 (e) Home Possible mortgage – Guide Section 4501.10
Conforming Vs Nonconforming Loan refinance jumbo rates jumbo mortgage loans – AmeriSave Mortgage Corp. – amerisave offers competitive jumbo mortgage rates for loans up to $1,500,000 depending on your area. Ask an AmeriSave loan originator about conforming limits in your area and see if a jumbo mortgage is right for you. Features of AmeriSave’s Jumbo Mortgages.