Most mortgage programs feature limits that determine how much you can borrow. If you want to buy a property priced above those limits, you may need to take out a jumbo loan. Jumbo loans have stricter ...

What are typical jumbo loan requirements? When comparing jumbo loans to conventional loans, know that qualifying for the bigger-sized borrowing package tends to be more difficult. You’re borrowing ...

What is a jumbo loan? As the name implies, a jumbo loan covers a larger-than-normal loan amount. More specifically, a jumbo loan is any mortgage that exceeds an area’s conforming loan limits, which ...

If you're ready to buy a home and want a regular or government-backed mortgage, it must be within conforming loan limits. You'll need a jumbo loan for properties that exceed conforming loan limits.

The largest reverse mortgage lender in the country, Mutual of Omaha accounted for over 22% of the market in 2024. It offers ...

Rocket Mortgage says it’s raising its limit on conforming loans backed by Fannie Mae and Freddie Mac. This increase comes ahead of the Federal Housing Finance Agency’s (FHFA) late November ...

The latest baseline increase in conforming loan limits has enabled loan originator Dave Krichmar’s client to make a 5% down payment instead of 10%. The self-employed homebuyer found an $800,000 home ...

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Paul L. Underwood is a writer and editor specializing in finance whose work has appeared in The New York Times, Esquire, Texas Monthly and more. Paul lives in Austin, Texas, with his wife, two ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...