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.
While there might be some argument, a true âsuper jumbo loanâ is any loan amount above $650,000, ranging up to $20 million or higher. This term is probably used incorrectly on a daily basis, depending on the state in which the overzealous loan officer resides. I suppose itâs all relative.