A loan over $275,001. This limit was set by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation . Because jumbo loans cannot be funded by these two agencies, they usually carry a higher interest rate.

A loan that exceeds conforming loan limits.

A loan amount that is over $340,000.

A loan that is for a larger dollar amount than the limits set by the Federal National Mortgage Association (FNMA) or Federal Home Loan Mortgage Corporation (FHLMC) guidelines.

A loan that exceeds the statutory size limit eligible for purchase or securitization by federal agencies.

Loan with an initial balance greater than $300,700

A jumbo loan is a loan which is above the maximum loan amount established by Fannie Mae and Freddie Mac. Because jumbo loans cannot be funded by these two agencies, they usually carry a higher interest rate.

A loan that exceeds the legislated purchase limits of Federal National Mortgage Association (Fannie Mae) or Federal Home Loan Mortgage Corporation (Freddie Mac). Also called a non-conforming loan.

Mortgage loans over $322,700. Terms and underwriting requirements may vary from conforming loans and interest can be slightly higher.

a fixed rate loan product that provides financing for borrowers who are purchasing or refinancing properties that require larger loan

a good choice if a mortgage is above the maximum loan limit mandated by Fannie Mae and Freddie Mac

a loan for a home or property above the conforming loan limit

a loan that does not conform to the rules established by Fannie Mae or Freddie Mac and exceeds the conventional loan limit

a loan that exceeds the loan amount requirements for conforming loans

a loan with mortgage amount that exceeds the eligibility limits for purchase by the secondary mortgage market

a mortgage that is above the conforming loan limit (see above)

a mortgage with an amount that's larger than conventional loans

A jumbo mortgage ia a mortgage loan which is larger than the limits set by Fannie Mae and Freddie Mac ($322,700 as of 1/1/2003). Since these two agencies will not purchase these types of loans, they usually carry higher interest rate (to enhance their value and marketability to investors).

Refers to any loan size over a set amount, currently $322,700 for conforming loans. Guidelines may differ for nonconforming programs.

A loan on residential property for an amount greater than that allowable under conventional loan limits as set by FHLMC and FNMA.

A loan which is larger than the limits set by the Fannie Mae and the Freddie Mac. Because Jumbo loans can not be funded by these two agencies, they usually carry a higher interest rate.

A mortgage for an amount greater than the amount eligible for purchase by Fannie Mae or Freddie Mac. Currently, this amount is above $275,000.

This changes the beginning of each year. In 1999 it was a mortgage loan greater than $252,700.00. All loan amounts under this would be considered conforming loan amounts.

Loan with an initial balance greater than $359,650 for a 1-unit property.

A loan in which the amount borrowed is greater than $300,700

A mortgage larger than the maximum loan limit set by Fannie Mae and Freddie Mac. No terms.

Any mortgage amount that surpasses limits established by FNMA or FHLMC.

A mortgage loan that has a principal balance greater than the amount eligible for purchase by FNMA or FHLMC.

A loan amount that exceeds $359,650.

A loan that is larger than the limits ($359,650) set by FNMA and FHLMC. Because jumbo loans cannot be funded by these agencies, they usually carry a higher interest rate.

Amount of loan exceeding the maximum purchased by FNMA and FHLMC. Also called nonconforming loan.

A loan amount that exceed $359,650, an amount set by Fannie Mae. Jumbo loans have slightly higher interest rates than conforming loans

A loan that exceeds the Fannie Mae legislated mortgage amount, which is currently $417,000. Jumbos are also called non-conforming loans.

Any loan that exceeds the so-called " conforming" loan limit is a jumbo loan. Because jumbo loans are more difficult to sell on the secondary market, lenders tend to charge higher interest rates for them.

Loan amounts ranging from S203,150 to S1 million dollars.

Conventional home mortgages not eligible for sale and delivery to either Fannie Mae (FNMA) or Freddie Mac (FHLMC) because of various reasons, including loan amount, loan characteristics or underwriting guidelines.

Mortgage loans over $322,800 (FL). Terms and underwriting requirements may vary from conforming loans.

Loans that exceed $359,650.

A mortgage in which the loan amount exceeds the maximum amount eligible for purchase by either Government Sponsored Enterprise (GSE- Fannie Mae or Freddie Mac). Loan amounts are considered Jumbo if they exceed the following amounts based on the applicable property type: 1 Family - $333,700 2 Family - $427,150 3 Family - $516,300 4 Family - $641,650

Mortgage loans over the conforming loan limit. Terms and underwriting requirements may vary from conforming loans.

A loan higher than those insured by such organizations as Fannie Mae.

Mortgage loans for expensive homes. Terms and underwriting requirements may vary from conforming loans, and loan limits are adjusted frequently. ien - An encumbrance or legal hold or claim on property, as security for a debt or charge.

A loan which is larger (more than $240,000 as of 1/1/99) than the limits set by the Federal National Mortgage Association and the Federal Home Loan Mortgage Co

A loan, which is larger (more than $300,700) than the limits set by Fannie Mae and Freddie Mac. Because jumbo loans cannot be funded by these two agencies, they usually carry a higher interest rate.

A loan that is larger than the conforming loan limit established by Federal Home Loan Mortgage Corporation and the Federal National Mortgage Association. It often has interest rates a little higher than conforming loans.

Any loan amount in excess of $252,700. Also called a nonconforming loan.

A loan that exceeds the mortgage amount eligible for purchase by Fannie Mae or Freddie Mac. Also called "nonconforming loan."

A loan that exceeds the limits established by Fannie Mae and Freddie Mac.

A loan which is larger (more than $203,150) than the limits set by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation . Because jumbo... read full article

A loan that exceeds Fannie Mae's and Freddie Mac's loan limits, currently at $300,700 or more. Also called a non-conforming loan. Freddie Mac and Fannie Mae loans are referred to as conforming loans.

Loan which is larger than the limits ($214,600) set by FNMA and FHLMC. Because jumbo loans cannot be funded by these agencies, they usually carry a higher interest rate.

loan that is larger than $417,000 - the limit is set by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Because jumbo loans cannot be funded by these two agencies, they usually carry a higher interest rate.

Residential loan over $ 322,700

Loans that exceed limits set by Fannie Mae and Freddie Mac. Any loan over $275,000 is considered a jumbo loan.

A loan that exceeds Fannie Mae's legislated mortgage amount limits. Also called a non conforming loan.

A loan in excess of the loan amount limits set by Fannie Mae and Freddie Mac.

non-conforming loan with an amount higher than the maximum loan amounts accepted by FNMA or FHLMC. As of 2001, the maximum loan amounts accepted by Fannie Mae and Freddie Mac are $275,00 for single-unit homes and $528,700 for four-unit residential properties. For more information, see the "Non-Conforming Loans" article in the "Loan Programs" section. Junction Box Sometimes called a J-Box, this is a metal or plastic box used in electrical circuits, creating a connection for a fixture or another line.

Mortgage loans over $203,150. Terms and underwriting requirements may vary from conforming loans.

A loan that is larger than the limit that is set by Fannie Mae and Freddie Mac.

A loan amount over $333,700. (Alaska and Hawaii limits are higher).

A loan amount that is over $227,150.

A loan that exceeds Fannie Mae's legislated mortgage amount limits. Also called a nonconforming loan. Terms and underwriting requirements may vary from conforming loans.

A nonconforming loan that is larger than the limits set by the Federal National Mortgage Association (FNMA) or Federal Home Loan Mortgage Corporation (FHLMC) guidelines. Go to Top

Mortgage loans over $359,650. Terms and underwriting requirements may vary from conforming loans.

A mortgage larger than the $300,700 limit set by the Federal National MortgageAssociation and the Federal Home Loan Mortgage Corporation.

A loan that exceeds Fannie Mae's legislated mortgage amount limits. Also called a nonconforming loan. goto Top

A loan that exceeds Fannie Maeâ€(tm)s and Freddie Macâ€(tm)s loan limits, currently at $227,150. Also called a nonconforming loan. Freddie Mac and Fannie Mae loans are referred to as conforming loans.

A mortgage loan that exceeds the conforming loan amount. Jumbo loans usually command higher interest rates.

A loan with an amount greater than the "conforming" loan limit, currently $417,000 for a single family home.

A loan where the loan amount is above the limit that Fannie Mae and Freddie Mac allow, but is otherwise a strong loan. The current limit is $300,700.

A "jumbo" loan is any loan that exceeds the underwriting guidelines for Fannie Mae/Freddie Mac maximum loan limits ($240,000 as of January 1999). ( See Non-conforming loan , Fannie Mae , Freddie Mac)

A loan that is larger than the conforming limits established by Fannie Mae or Freddie Mac.

A loan for more money than the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation will fund under its mandate.

A loan that exceeds FNMA & FHLMC legislated mortgage amount limits. Also called a nonconforming loan. Currently any loan exceeding $240,000 for single family homes.

mortgage loans that exceed $300,700.00

A home loan that is monetarily more than the limits of Freddie Mac or Fannie Mae.

Mortgage loans for expensive homes. Terms and underwriting requirements may vary from conforming loans, and loan limits are adjusted frequently. back to the top

A loan amount that exceeds $240,000. The interest rate for a jumbo loan is typically about 1/8 to 1/4 percent higher than a conventional loan.

A loan above the limit set by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Also referred to as a non-conforming loan.

This amount changes the beginning of each year. All loan amounts under this amount are considered conforming loan amounts.

Refers to a mortgage that exceeds the maximum conforming loan limits set down by Fannie Mae and Freddie Mac (currently $275,000 for a single-family home). Because these mortgages are not eligible for purchase by these agencies they usually carry a higher rate of interest.

A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.

A loan which is larger (more than $322,700) than the limits set by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Because jumbo loans cannot be funded by these two agencies, they usually carry a higher interest rate.

Mortgage loan that exceeds the loan amount acceptable for sale in the secondary market. Jumbos are packaged and sold differently to investors, and have separate underwriting guidelines.

Loans in excess of $1 billion.

A loan that is larger than $252,700.

A loan over $200,000.

A loan which is larger than the limits set by the FNMA and the FHLMC.

A loan that is larger (more than $359,650 as of 1/1/2005) than the limits set yearly by Fannie Mae and Freddie Mac. Because jumbo loans cannot be funded by these two agencies, jumbo loans usually carry a higher interest rate. Also called a non-conforming loan.

A mortgage with a principal balance that exceeds the amount eligible for purchase by Fannie Mae and Freddie Mac. Jumbo loans generally carry a higher interest rate. Currently the limit is set at $333,700 for single unit properties.

A loan with an amount greater than the "conforming" loan limit, currently $322,700 for a single family home.

A loan above $300,700 (higher for 2-4 units). The Federal National Mortgage Association (FNMA) and the Federal Home Loan Mortgage Corporation (FHLMC) set these limits. Because jumbo loans cannot be funded by these two agencies, they may carry a higher interest rate.

A mortgage loan that is larger than the limits set by Freddie Mac and Fannie Mae. As of January 1, 1999, any mortgage greater than $240,000 is generally considered a jumbo loan. Because jumbo loans cannot be funded by these two agencies, they usually carry a higher interest rate.

Jumbo loan is one which exceeds the "Conforming Loan Limit" in value.

A loan that exceeds Fannie Mae's and Freddie Mac's loan limits, currently at $417,000. Also called a nonconforming loan. Freddie Mac and Fannie Mae loans are referred to as conforming loans. Because jumbo loans are bought and sold on a smaller scale than conforming loans, they often have a higher rate of interest.

A loan for $322,700 or more in the continental United States (Alaska and Hawaii limits are higher). These limits are set by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Because jumbo loans cannot be funded by these two agencies, they usually carry a higher interest rate.

a loan amount which exceeds standard loan limits set by FannieMae/FreddieMac. The loans can be either fixed rate or adjustable rate.

A mortgage loan of a large amount, usually in excess of $500,000.

A mortgage for more than $ 359,650.

Loan size that is larger than the limit established by Fannie Mae or Freddie Mac.

Residential Mortgage loans over $252,700. Terms and underwriting requirements may vary from conforming loans.

A mortgage larger than the $240,000 limit set by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation.

A loan that exceeds the limit set by FNMA (Fannie Mae) and FHLMC (Freddie Mac). These loans generally come with a higher interest rate.

A loan amount in excess of $240,000 that may have a different interest rate and different qualifying guidelines.

Return To Glossary Index Mortgage loans over $417,000. Terms and underwriting requirements may vary from conforming loans.

Any loan that allows you to borrow more than an amount set by the Federal National Mortgage Association. If you want to borrow over $240,000 for a single-family home, or over $307,100 for a two-family home in the continental US, you have to apply for a jumbo loan. In Hawaii and Alaska, you need a jumbo loan if you plan to borrow over $360,000 for a single-family home or over $460,650 for a two-family home. Most commercial lenders agree to use these guidelines, which are set by the Federal National Mortgage Association (Fannie Mae). Jumbo loans have higher interest rates and fewer financing options, and are also called non-conforming loans.

A loan in which the amount borrowed is greater than $417,500

A mortgage larger than the limits set by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, currently over $300,700. Because jumbo loans cannot be funded by these two agencies, they usually carry a higher interest rate.

Loans of $1 billion or more. Or, loans that exceed the statutory size limit eligible for purchase or securitization by the federal agencies.

This changes the beginning of each year. In 2007 it is a mortgage loan greater than $417,000.00. All loan amounts equal to or less than this would be considered conforming loan amounts.

A loan amount above $240,000

Loans that exceed the conforming limits for mortgage loans. In 2003 the conforming limit was set at $322,700 for first-time mortgages on single-family homes in the continental United States, and at $484,050 for those loans in Alaska and Hawaii. Fannie Mae and Freddie Mac update the conforming limits on an annual basis.

Loans that exceed the conforming limits set annually by Fannie Mae & Freddie Mac.

Any loan over $359,650. Available on Fixed Rate First Trusts, 7-Year option, InterestFirst and Adjustable Rate Mortgages.

Loans exceeding the limits set by Fannie Mae and Freddie Mac. The current limit for a single-family home is $252,700 except in Hawaii, Alaska and the Virgin Islands where it is $360,000.

Any conventional loan with a loan amount in excess of the current FNMA/FHLMC loan amount limits. Currently the loan limit is $214,600.

A loan larger then the regulations instituted by Fannie Mae or Freddie Mac.

Also known as a non-conforming loan. The amount of the loan exceeds standards that would make it eligible for sale to Fannie Mae and Freddie Mac.

Any residential or commercial mortgage with a loan amount exceeding the guideline of Fannie Mae and Freddie Mac.