These limits vary by real estate market. Expensive real estate markets like Los Angeles and San Francisco have higher loan limits. Jumbo mortgage. A jumbo mortgage is one that exceeds loan limits set by the FHA.
In most markets, a jumbo loan is one that exceeds roughly 400,000. However, in expensive markets like New York City and San Francisco, the limits are higher; in these markets, a jumbo loan is one that exceeds roughly 600,000.
Jumbo loans usually require higher down-payments and excellent credit.
It's as easy as that. WHAT IS A PERSONAL LOAN FOR. People get personal loans to help with home repairs, unexpected expenses, holiday shopping, and more. Such a loan from one of our lenders can help you get the cash you need. Just fill out our Online Form. Follow the short process and if you are approved, receive your cash loan.
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Whatever your reason, we respect your privacy. Thus, we work with lenders familiar with your situation and are ready to help.