Jumbo Mortgages 101

When you hear the phrase “jumbo mortgage,” you might think it means a home loan that’s really, really large. And you’re right — to a point. But it’s a little more complicated than that. Let’s back up. Who’s loaning you the money, really? When you buy a home, you’re generally borrowing money from a financial institution — but the lender doesn’t necessarily hang onto that loan after you close the deal.

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BING NEWS:
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    01/19/2025 - 6:39 pm | View Link
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  • Jumbo loan: Definition, rates, and how to qualify
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    01/9/2025 - 8:26 am | View Link
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    Harde, Roxanne. “’We Will Make Our Own Future Text’: Allegory, Iconoclasm, and Reverence in Ishmael Reed’s Mumbo Jumbo.” Critique: Studies in Contemporary Fiction 43 (Summer, 2002): 361-377.
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