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Definition of

jumbo mortgage


US mortgage too large for favorable terms in the United States, a mortgage that is too large to qualify for favorable treatment by a government agency

Definitions of ’jumbo mortgage’ and meaning of ’jumbo mortgage’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’jumbo mortgage’ and other financial terms with our online QFINANCE Financial Dictionary.

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