Jumbo Loan. A jumbo loan, also referred to as a jumbo home loan, is just a kind of funding that surpasses the restrictions set by the Federal Housing Finance Agency (FHFA).
Jumbo Loan. A jumbo loan, also referred to as a jumbo home loan, is just a kind of funding that surpasses the restrictions set by the Federal Housing Finance Agency (FHFA). What’s a Jumbo Loan? How a Jumbo Loan Functions A jumbo loan is not eligible to be purchased, guaranteed, or securitized by Fannie Mae