 TITLE: What Is a Jumbo Loan? CONTENT: The Difference Between Jumbo and Conforming Loans\n-------------------------------------------------\nFor 2019, in most of the continental U.S., the conforming loan limit is $484,350. In Alaska, Hawaii, certain U.S. territories, and specific counties in the lower 48 states where home prices are exceptionally high, the limit can be as much as $726,525, or 150% of the national median. You can check the conforming loan limit for all U.S. counties at the FHFA website.\nA mortgage for an amount greater than the local conforming limit is considered a jumbo loan.\nJumbo loans typically come with strict credit requirements and an even more rigorous review of applicant finances than conventional mortgages. END