Non Conforming

A Non-Conforming loan is a loan that is not saleable to federal agencies. Typically this is because the loan exceeds the Fannie Mae Mortgage Limit.  These loans are also known as Jumbo Loans.  The current Jumbo Cutoff is $417,000.  The Jumbo Limit is higher in certain High Cost States.  To determine if you are in one of these High Cost areas, please call or e-mail us at Lending Team USA.  Do to the loan size Jumbo Loans are typically higher in interest rate than Conventional Loans.