PNG leads wave of jumbo project loans – SYDNEY, Jan 18 (LPC) – The expansion of Papua New Guinea’s giant gas project is turning up the heat in the Asia Pacific project finance arena, with a slew of jumbo financings set. Pacific LNG.
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Jumbo loan Mortgage + home equity financing Features Features A "non-conforming" loan with mortgage amounts above the maximum conforming loan limits.Available in a variety of fixed-rate and adjustable-rate loan options.; You may be able to add extra mortgage features, such as a temporary payment reduction.
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the distinction between jumbo and super jumbo is also based upon the amount of the loan. Lenders internally determine where they set classifications. In many parts of the country $1,000,000 is the demarcation line, but in wealthy areas the floor for super jumbo.
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