Archives: February 2016

What Is A Jumbo Loan?

Conventional 30 year loans are one of the most commonly used financing tools for real estate purchases.  Conventional loan limits are typically capped at a $417,000 loan amount which allows for a purchase price of about $521,000 if you put 20% down. “Jumbo Loan” is a term used for a Non-Conventional Loan where the loan […]