Remember that the subject is never part of a prepositional phrase. The subject of a verb will never be part of a prepositional phrase. A prepositional phrase begins with a preposition [in, on, at, between, among, etc.] and ends with a noun, pronoun, or gerund.
Jumbo loan limits in California range from $417,000 to over $600,000. The median value of a home in California is more than double the median values of homes for United States as a whole, even though the median income is only slightly higher.
To recap: What is considered a jumbo loan in California? In the more affordable counties across the state, a jumbo mortgage is one that exceeds the conforming limit of $424,100. In the more expensive markets like the Bay Area and Los Angeles, a jumbo loan is anything over $636,150. And thereâs a broad spectrum in between.