Jumbo Loans


Definition of "Jumbo loans"

Loans that differ from conforming loans in that they are above the maximum conforming amount and take into account each lender's own guidelines. Jumbo loans are purchased on the secondary market by Freddie Mac.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

Popular Real Estate Terms

Popular Real Estate FAQ