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Glossary > J > "Jumbo loan" Definition

Jumbo loan

Loans of $1 billion or more. Or, loans that exceed the statutory size limit eligible for purchase or securitization by the federal agencies.

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Jumbo loan - Loans of $1 billion or more. Or, loans that exceed the statutory size limit eligible for purchase or securitization by the federal agencies.

Jumbo loan : loans of $1 billion or more. or, loans that exceed the statutory size limit eligible for purchase or securitization by the federal agencies.