August 22, 2018
Why Are Jumbo Loans Cheaper than Conforming Loans?
Increased Conforming G-Fee, Higher Jumbo Credit Standard, and Risk-Based Pricing Historically large-balance mortgage loans, known as ‘jumbo’ loans, had a higher interest rate than conforming loans.[1] However, since mid-2013 a jumbo loan has been cheaper to borrow than a conforming mortgage ...