3 Things You Need to Know About Jumbo Loans

No, Jumbo Loans don’t have anything to do with buying Elephants but they do have to do with large (or expensive) houses.  According to Investopedia, “A jumbo loan, also known as a jumbo mortgage, is a form of home financing for whose amount exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). As a result, unlike conventional mortgages, it […]