The conforming loan limit explained: where the line is and what crossing it means
Two loans to stay conforming
The line, briefly
Some buyers use a first mortgage at or below the conforming limit plus a second loan for the rest. This can keep the first loan under conforming rules, but the second loan has its own pricing and terms. Compare the combined cost with a single jumbo loan.
Last reviewed against the primary sources listed below.
Compare
- First loan pricing.
- Second loan pricing and terms.
- Single jumbo option.
Questions about the line
Can I avoid a jumbo loan with two mortgages?
Sometimes, by pairing a conforming first with a second.
Is a piggyback loan cheaper than jumbo?
Compare the combined cost.