Any home loan exceeding the conforming loan limit is considered a jumbo loan, often referred to as a non-conforming loan.

Two differences between jumbo loans and conforming loans are jumbo mortgages often have a slightly higher interest rate and a higher down payment is required. Learn more by visiting the link in our bio. #AtlanticBay #homeloan #homeloans #mortgage #mortgages #jumboloan #loan #jumbo #homeowner #interestrate #downpayment
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