| 单词 | jumbo loan |
| 释义 | jumbo loan noun[C] FINANCE,PROPERTYukus(alsojumbo mortgage)in the US, a verylargemortgage. Jumboloansinvolvemorefinancialriskand cannot betradedbyorganizationsthat arecontrolledby thegovernmentsuch asFannie MaeandFreddieMac: It'stoughertoday toqualifyforso-calledjumboloans- $417,000 and up. Examplesofjumbo loanjumbo loan Lenders that did remain in thejumboloanmarket increased rates sharply, with rates up to 1.5 percentage points higher than for conforming loans. From Wikipedia  This example is from Wikipedia and may be reused under a CC BY-SA license.It can be more expensive to refinance ajumboloandue to the closing costs. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.Above the conforming loan limit, a mortgage is considered ajumboloan. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.That is one reason lenders prefer to have a higher down payment fromjumboloanseekers. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.As such, the mortgage rates on jumbo loans are somewhat higher than for conforming loans. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.It's portfolio of jumbo loans was previously ineligible to refinance into a conforming loan, given the bank a stable long-term asset base. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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