- Jumbo Loans:
- Jumbo Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. Rates on jumbo loans are typically higher than conforming loans. Jumbo Loans are typically used to buy more expensive homes and high-end custom construction homes, and usually require a higher down payment than traditional loans.
Have questions about mortgage loans? Call us at (303) 43-5575. We answer questions about different types of loan everyday!