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re: Jumbo Loan
Posted on 5/19/19 at 9:36 am to Tiger Attorney
Posted on 5/19/19 at 9:36 am to Tiger Attorney
Jumbo loans are “non-conforming”, meaning they don’t fall within the maximum loan amount set by the government. (This is defined by area).
Because they are non-conforming by that metric these loans don’t need to conform to all the other guidelines either and can have a more subjective and customized criteria applied to them by each individual lenders preferences. Shop around for different lenders.
Because they are non-conforming by that metric these loans don’t need to conform to all the other guidelines either and can have a more subjective and customized criteria applied to them by each individual lenders preferences. Shop around for different lenders.
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