Using the insights gained from our show, our guests, our four years of travel, and our five years as digital entrepreneurs, weâre going to build an innovation hub and Blockchain + VR Startup Incubator in Plovdiv Bulgaria.
Mortgage loans for higher amounts. About jumbo loans. A loan is considered jumbo if the amount of the mortgage exceeds loan-servicing limits set by Fannie Mae and Freddie Mac â currently $424,100 for a single-family home in all states (except Hawaii and Alaska and a few federally designated high-cost markets, where the limit is $636,150).
This is recognized by Fannie and Freddie, so they have certain exceptions for specific counties in the country, including many counties in California. The highest limit before a loan is considered jumbo in California is $625,500 in counties such as Los Angeles, Orange, San Francisco and Santa Barbara.