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  • What to Expect From a Jumbo Mortgage Loan
    A jumbo mortgage loan is a loan taken for property that is high-priced. In Colorado, as in most of the U.S., a jumbo mortgage loan is any mortgage that exceeds $417,000 - the limit set by Fannie Mae and Freddie Mac for conforming loans.
  • Understanding Jumbo Mortgages
    What differentiates jumbo mortgage loans is the loan amount. Today, loans greater than $417,000 are usually deemed jumbo mortgages. This classification is determined based on industry standards for average home loans as defined by the two biggest secondary mortgage lenders, Fannie Mae and Freddie Mac.


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