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2. What is a jumbo loan and when do you need one?

   www.aol.com/finance/jumbo-loan-one-133806802.html

   Another mortgage lender asks for a 700 minimum score for a jumbo loan (again, vs. 620 for a conforming loan). Overall, if you want to take out one of these hefty loans, you will need to make sure ...

3. What are non-conforming loans? - AOL

   www.aol.com/finance/non-conforming-loans...

   Often, a mortgage is considered non-conforming because it's for an amount higher than the conforming loan limit ($766,550 for most mortgages in 2024), also known as a jumbo loan.

4. What Are the Current Jumbo Mortgage Rates? - AOL

   www.aol.com/finance/current-jumbo-mortgage-rates...

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5. Jumbo mortgage - Wikipedia

   en.wikipedia.org/wiki/Jumbo_mortgage

   In the United States, a jumbo mortgage is a mortgage loan that may have high credit quality, but is in an amount above conventional conforming loan limits. [1] This standard is set by the two government-sponsored enterprises (GSE), Fannie Mae and Freddie Mac, and sets the limit on the maximum value of any individual mortgage they will purchase from a lender.

6. Best jumbo mortgage lenders in 2024 - AOL

   www.aol.com/finance/best-jumbo-mortgage-lenders...

   Availability: All U.S. states Loans offered: Conventional, jumbo, FHA, VA, USDA Credit requirements: 620 for conventional and VA loans Down payment minimum: 3% for conventional loans, 3.5% for FHA ...

7. Mortgage and refinance rates for Dec. 31, 2024: Average rates ...

   www.aol.com/finance/mortgage-and-refinance-rates...

   A mortgage point could cost 1% of your mortgage amount, which means about $5,000 on a $500,000 home loan, with each point lowering your interest rate by about 0.25%, depending on your lender and loan.

8. Super jumbo mortgage - Wikipedia

   en.wikipedia.org/wiki/Super_jumbo_mortgage

   Below $1,000,000, super jumbo mortgage rates are generally within 50 basis points (half of a percent) of an equivalent jumbo mortgage interest rate, but above $2,000,000 rates can be 1% to 2% higher or more. [citation needed]

9. Mortgage and refinance rates for Nov. 20, 2024 ... - AOL

   www.aol.com/finance/mortgage-and-refinance-rates...

   A mortgage point could cost 1% of your mortgage amount, which means about $5,000 on a $500,000 home loan, with each point lowering your interest rate by about 0.25%, depending on your lender and loan.