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PRIME JUMBO (QMVERIFICATION SAFE HARBOR) LOAN PURCHASE ELIGIBILITY GUIDEPublished 12/23/2024Table of ContentsCONTENTS Chapter 1 Doing Business with Verus ...........................................................................................................................

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What is prime jumbo?

Prime jumbo refers to a type of mortgage loan that is not backed by government-sponsored entities and typically has higher credit standards and loan amounts.

Who is required to file prime jumbo?

Individuals or institutions that originate prime jumbo loans are required to file prime jumbo.

How to fill out prime jumbo?

To fill out a prime jumbo, you need to provide detailed information about the loan, the borrower, and comply with specific guidelines set by relevant regulatory authorities.

What is the purpose of prime jumbo?

The purpose of prime jumbo is to provide financing options for high-value real estate that exceeds conforming loan limits.

What information must be reported on prime jumbo?

Information that must be reported includes borrower details, loan amount, property information, and the lender's information.

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