Jumbo Loans 
 Jumbo mortgage loans are for borrowers that seek loan amounts higher than conventional conforming loan limits.
*  Available in 15, 20 and 30-year fixed rate terms 
*  Adjustable loans available with 3/1, 5/1 , 7/1  and 10/1 adjustable-rate terms
*  Loan amounts from 750,000 to 5,000,000 
Also called non-conforming conventional mortgages, jumbo loans are considered riskier for lenders because these loans can't beguaranteed by Fannie mae and Freddie Mac meaning the lender is not protected from losses if a borrower defaults. Jumbo loans are typically available - with either a fixed interest rate or an adjustable 

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