Stock Market News2 days How Does a Jumbo Mortgage Refinance Work? Benzinga
The post How Does a Jumbo Mortgage Refinance Work? by Anthony O’Reilly appeared first on Benzinga. Visit Benzinga to get more great content like this.
A jumbo mortgage refinance is similar to refinancing a conventional home loan, though it comes with stricter eligibility requirements. A jumbo home loan is a mortgage that exceeds Freddie Mac and Fannie Mae’s conforming loan limit of $766,550, or up to $1.1 million in some high-cost areas. With a jumbo mortgage, a small interest decrease … Continued
The post How Does a Jumbo Mortgage Refinance Work? by Anthony O’Reilly appeared first on Benzinga. Visit Benzinga to get more great content like this.
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