As home prices continue to rise in many parts of the United States, more and more buyers are finding themselves in need of larger home loans. While the conventional conforming loan limit in most areas is $548,250 as of 2021, this may not be enough to purchase a home in certain high-cost regions. In these cases, a jumbo mortgage may be the solution.
What is a Jumbo Mortgage?
|Unlocking the Door to Your Dream Home How Jumbo Mortgages Can Help You Finance Luxury Properties Beyond the Conventional Loan Limits