The mortgage industry has long suffered from a few labels that were never standardized. The media usually lumps all loans that are above $417,000 (conforming Fannie Mae loan limits) together and calls them Jumbo loans. Some mortgage brokers and bankers define loans above $650K as Super Jumbo Mortgages while others consider it to […]
Entries Tagged as 'Ultra Jumbo Mortgages'
Jumbo, Super Jumbo and now Ultra … what?
October 16th, 2007 No Comments
Tags: Jumbo Mortgages · Large Jumbo Mortgages · Mortgage Industry News · Super Jumbo Mortgages · Ultra Jumbo Mortgages
