Millenials with mortgages: Why the jumbo loan is so hot right now

… Thanks to low interest rates and loosening credit qualifications … loans also known as nonconforming loans are issued to borrowers with the best credit  But lenders have been … over $625000 many millenials turn to their baby boomer parents for help on down payments Even for those who cant turn …

By Lucy Cohen Blatter |May 5, 2015 - 3:06PM