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JUMBO LOAN
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loan that exceeds Fannie Mae's and Freddie Mac's loan
limits, currently at $227,150. Also called a nonconforming
loan. Freddie Mac and Fannie Mae loans are referred to as
conforming loans. |
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BACK TO GLOSSARY |
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Simplicity
Mortgage - 6180
E. State Street, Suite #5 - Rockford, IL.
61108
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