Does your Home Loan look like a Jumbo Loan? Well if your Loan is above the maximum loan amount established by Fannie Mae and Freddie Mac then you are in 'jumbo' loans. Because jumbo loans are bought and sold on a much smaller scale, they often have a little higher interest rate than conforming, but the spread between the two varies with the economy.

Does your Home Loan look like a Jumbo Loan? Well if your Loan is above the maximum loan amount established by Fannie Mae and Freddie Mac then you are in 'jumbo' loans. Because jumbo loans are bought and sold on a much smaller scale, they often have a little higher interest rate than conforming, but the spread between the two varies with the economy.