Jumbo Loan

Any residential or commercial mortgage with a loan amount exceeding the guidelines of Fannie Mae and Freddie Mac.


Rates tend to be slightly higher on jumbo loans because lenders generally have a higher risk.



Official Fannie Mae Site - The latest news and resources for Fannie Mae.

Freddie Mac Official Homepage - Information about Freddie Mac and their operations.

What Are REITs? - Looking for an income security that rivals small-cap stocks? It may be time to learn about real estate investment trusts.
Related Terms

Fannie Mae - Federal National Mortgage Association

Freddie Mac - Federal Home Loan Mortgage Corp

Interest Rate

Jumbo CD

Mortgage

Real Estate Investment Trust - REIT

Risk

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