Statements (19)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:bank
|
| gptkbp:alsoKnownAs |
non-conforming loan
|
| gptkbp:commonIn |
high-cost real estate markets
|
| gptkbp:eligibility |
purchase by Fannie Mae
purchase by Freddie Mac |
| gptkbp:exampleLimit2024 |
$1,149,825 (high-cost areas)
$766,550 (most U.S. counties) |
| gptkbp:exceeds |
conforming loan limits
|
| https://www.w3.org/2000/01/rdf-schema#label |
jumbo loan
|
| gptkbp:limitSetBy |
gptkb:Federal_Housing_Finance_Agency
|
| gptkbp:regulates |
gptkb:Federal_Housing_Finance_Agency
|
| gptkbp:requires |
additional documentation
higher credit score larger down payment |
| gptkbp:subject |
stricter underwriting guidelines
|
| gptkbp:typicallyHas |
higher interest rate
|
| gptkbp:usedFor |
real estate purchase
|
| gptkbp:bfsParent |
gptkb:Mortgage_industry_of_the_United_States
|
| gptkbp:bfsLayer |
7
|