A Jumbo Loan, also a jumbo mortgage, is a type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA). This year in 2020 the conforming loan limit was set at $510,400 which is the fourth straight year it has been raised. We can you with your Jumbo Loan. Unlike conventional mortgages, a jumbo loan is not eligible to be purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac. Get started below.