Awasome Jumbo Mortgage 2023. Hence the term “jumbo.” because jumbo loans are larger than traditional mortgages, they carry a higher risk. This means they can be harder to get than conforming mortgages.

Web jumbo mortgage rates are rates associated with jumbo loans. Web a jumbo mortgage is a home loan that exceeds the conforming loan limits set each year by the fhfa. Jumbo loans have stricter qualification rules.