What Are Jumbo Loans in California and How Do They Work?
Jumbo Loans California are a popular financing option for homebuyers looking to purchase high-value properties. These loans exceed the conforming loan limits set by the Federal Housing Finance Agency (FHFA), making them ideal for buyers in high-cost areas like Los Angeles, San Francisco, and San Diego. Unlike conventional mortgages, jumbo loans require stricter qualification criteria, but they also provide flexibility for purchasing luxury homes.
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