Jumbo Loans are defined as home loans that exceed the conforming loan limits imposed by the two government-sponsored enterprises that buy mortgages from lenders, Fannie Mae and Freddie Mac. While in the majority of the United States the limit is $417,000, this may expand to $625,500 in the highest-cost geographical areas and may fall in-between these two limits in others. Redwood Mortgage Company offers multiple competitive Jumbo loan programs including both Fixed and ARM mortgages for loan amounts up to $5,000,000.
