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What Is a Jumbo Loan?

What You’ll Learn:Gain an understanding of what budget you're looking at in your home search

Topic Discussed:Purchase, Jumbo Loans, First Time Home Buyer, Getting Started

Expected Read Time:2 MINS

Published: Nov 23, 2020

Find out the basics of a jumbo loan. For example: How big is a jumbo mortgage? What are the pros and cons? And how do you apply for a jumbo loan? Knowing these answers is helpful.

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