A Jumbo refinance is a type of loan that is appropriate for homeowners who need to borrower more than the conforming loan limits allow in their county. These loans are considered non-conforming loans and often have higher interest rates. This is because the jumbo refinance amounts are in excess of conforming loan limits and therefore cannot be securitized on the secondary market in the same way.
IPL mortgage prides itself on offering an array of Jumbo products, all aimed at providing the most value to our clients.
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