Do I need a Jumbo Loan

What is considered a jumbo loan?

A jumbo loan is a mortgage that exceeds the conforming loan limits set by Fannie Mae and Freddie Mac. In most parts of the U.S., including South Carolina, that limit is $766,550 as of 2025. If you’re buying a luxury, lakefront, or multi-million-dollar home near Lake Marion, you may need a jumbo loan to finance the purchase. /*! elementor - v3.23.0 - 15-07-2024...

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