| 词汇 | jumbo-loan |
| 释义 | jumbo loan noun[ C ] FINANCE, PROPERTYukus(alsojumbo mortgage) in the US, a very large mortgage. Jumbo loans involve more financial risk and cannot be traded by organizations that are controlled by the government such as Fannie Mae and Freddie Mac: It's tougher today to qualify for so-called jumbo loans - $417,000 and up. Examples of jumbo loanjumbo loan Lenders that did remain in the jumboloan market 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 a jumboloan due 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 a jumboloan. 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 from jumboloan seekers. 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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