Jumbo Loan

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Jumbo Loan
A loan that exceeds a $1 billion sum or a loan that exceeds the limits set by the Federal Reserve for securitization. These loans cannot be guaranteed by Freddie Mac or Fannie Mae.

Recommended for you:

  1. Freddie Mac (Federal Home Loan Mortgage Corporation)
  2. E-LOAN Paying 1.020% APY on 12-Month Jumbo CDs
  3. ableBanking Paying 1.000% APY on 12-Month Jumbo CDs
  4. CIT Bank Paying 1.750% APY on 60-Month Jumbo CDs
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