If you want to buy a high-priced home and need to finance most of the purchase, you’ll need a larger-than-usual mortgage: a jumbo loan. Here’s how jumbos work, and the current limits, state by state.

In today’s high-cost housing market, you don’t need to be shopping for a mansion to stumble into jumbo loan territory. Traditionally used for luxury properties, jumbo loans are becoming an everyday ...

The mortgage market turbulence sparked by the global trade war has hit jumbo loans especially hard. “The equity market tanking has caught several buyers, who are still in the escrow cycle, in a ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...

The conforming loan limit is the maximum amount of money a homebuyer can borrow using a conventional mortgage that’s eligible for purchase by Fannie Mae and Freddie Mac. The Federal Housing Finance ...