A jumbo loan is a type of mortgage that exceeds the conforming loan limits for its area, set yearly by the Federal Housing and Finance Agency (FHFA). In most parts of the U.S. in 2025, it’s a mortgage ...

Most mortgage programs feature limits that determine how much you can borrow. If you want to buy a property priced above those limits, you may need to take out a jumbo loan. Jumbo loans have stricter ...

Refinancing your mortgage can make financial sense for many reasons. You may qualify for better loan terms that can make your monthly mortgage payments more affordable. Or you can shorten your loan ...

Homebuyers look at mortgage rates to help them decide whether it’s the right time to buy a home, and if so, how much they can afford to spend. When they plan to finance the home with a jumbo loan, ...

The pandemic fueled a dramatic increase in high-dollar mortgage loans — but things have since fizzled. Here's what's driving the change, and the largest providers of jumbo loans. As home prices ...

For older homeowners who need cash, a reverse mortgage may be an option. But if your home value is higher than federal reverse mortgage limits allow, you might consider a jumbo reverse mortgage. Jumbo ...

In the dynamic landscape of California's mortgage market, the departure of key players like Silicon Valley Bank, Signature Bank and First Republic Bank marked a pivotal shift, particularly in the ...

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Jumbo loans are mortgages that exceed the limits set by the Federal Housing Finance Agency and thus can’t be purchased by Fannie Mae or Freddie Mac. In most parts of the country, a jumbo loan is a ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

In most parts of the U.S., a jumbo loan is a mortgage of more than $806,500 as of 2025, but the amount varies by location. Jumbo loans generally require a higher credit score, a higher level of income ...