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call: 1-800-811-6281
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mail:
 A jumbo mortgage is a mortgage loan which is larger than the limits set by Fannie Mae and Freddie Mac ($322,700 as of 1/1/2003). Since these two agencies will not purchase these types of loans, they usually carry a higher interest rate (to enhance their value and marketability to investors). |
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Copyright ?2004 Best-Rate Mortgage. All rights reserved.
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