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Jumbo Mortgages
The new maximum conforming loan amounts of Fannie Mae and Freddie Mac for 2006 will be as follows effective January 1, 2006:
| No. of Units | Contiguous 48 states, District of Columbia and Puerto Rico | Alaska, Hawaii, Guam & US Virgin Islands |
| 1 | $417,000 | $625,500 |
| 2 | $533,850 | $800,755 |
| 3 | $645,300 | $967,950, |
| 4 | $801,950 | $1,202,925 |
Any loan amount above these limits is considered a jumbo mortgage loan. Subprime and Alt-A loans do not abide by these guidelines.
Super jumbo mortgages are available up to $10 million dollars at some of our outlets for both purchase money and refinance loans.
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