However, it is still possible for an individual to receive a mortgage loan that is more than the 2018 baseline- there are options! This is where the term "jumbo" mortgage product comes from- from a home loan that outshines the limits that have been put in place by the Federal Housing Finance Agency. When it comes to qualifying for a jumbo loan, the jumps and hurdles are typically more difficult to overcome due to the presence of high risk.
Source (s):
View 2018 Conventional / Conforming Loan Limits by County. (n.d.). Retrieved December 18, 2017, from http://www.loanlimits.org/conforming/