Originally Posted by XScarAudio
I believe anything under 80% falls in that category...thats one of the reason for an 80-20 instead of 100%
uhhh no. there is ceiling for none jumbo loans. in 2000 it was 280K currently it's 320K or more.
Currently a jumbo mortgage loan is a purchase or refinance loan that exceeds $333,700 for a single-family home.