CAPTlawrence
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Question: What do you think is better, Jumbo Refinance or the FHA 203k home refinance loan? My fianc? and I are torn on which loan to get. We?re planning to renovate a single-family residence here in California and we found out at Prospect Mortgage that the maximum loan amount for 203(k) loans is $625,500. Not bad? but we?re still interested to know more about Jumbo Refinance. Any idea how much the maximum loan amount will be?