jumbo mortgage
jumbo mortgage · jumbo mortgages
A mortgage loan that may have high credit quality, but is for an amount higher than…A mortgage loan that may have high credit quality, but is for an amount higher than conventional conforming loan limits.
Meaning
1 senses(US)A mortgage loan that may have high credit quality, but is for an amount higher than conventional conforming loan limits.
Forms
plural: jumbo mortgages| Singular | jumbo mortgage |
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| Plural | jumbo mortgages |
regular
See also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.