Basically a loan amount in this range will carry higher financing costs than a conforming loan, but may be cheaper than
a true jumbo loan.
Not exact matches
That holds
true for borrowers of both conventional and
jumbo loans, although
jumbo loans could remain a bit on the costly side as lenders wrestle with lingering skittishness among investors about the safety of nonconforming mortgages.
Jumbo loans less likely to be in a securitized trust, is not
true and misleading.