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Glossary

Knowledge is power and there’s no difference when it comes to obtaining a home loan! To help you on the journey to becoming an educated borrower, we’ve created this glossary of terms you’ll need to know during your home loan process.

 

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There are 1 names in this directory beginning with the letter J.
Jumbo Loan/Jumbo Mortgage
A jumbo loan, or jumbo mortgage, is a home loan that exceeds conforming loan limits. In most areas, the loan limit is $417,000 but can reach $625,500 in high-cost areas.