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Jumbo Advantage A Jumbo Product FOR JUMBO BORROWERS OUTSIDE THE ORDINARY. Highlights With our Jumbo Advantage you don't have to turn away qualified jumbo borrowers simply because they don't fit in
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What is a jumbo product?
A jumbo product is a financial product that exceeds the conforming loan limits set by the government-sponsored enterprises.
Who is required to file a jumbo product?
Lenders and financial institutions offering jumbo products are required to file them.
How to fill out a jumbo product?
To fill out a jumbo product, lenders need to provide detailed information about the borrower, property, and loan terms.
What is the purpose of a jumbo product?
The purpose of a jumbo product is to provide financing for high-value properties that exceed the limits of conventional loan products.
What information must be reported on a jumbo product?
Information such as borrower's credit history, property appraisal, loan amount, and down payment must be reported on a jumbo product.
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