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  • Jumbo Loans

  • Jumbo loans, also called a non-conforming mortgage, are riskier for lenders because these loans aren’t guaranteed by Fannie and Freddie, meaning the lender is responsible for any an all losses if a borrower defaults. The loan limits are set by the Federal Housing Finance Agency. Jumbo mortgages are a good solution for borrowers who are looking to buy a higher-priced home.