Fed Maybe-Tapering, Strength of "The 7%" Boost Jumbo Loans Over Conforming (First Time Ever!)

``Jumbo loans on the other hand are not financed with MBS. Flush with deposits, banks have access to extraordinarily cheap capital and are seeking to earn more interest income. Seeing stability in high-end property values in certain areas, they are more willing to take additional risk these days. Of course jumbo mortgage applicants better have top credit scores, high incomes and high down payment to qualify for these loans - a set of requirements which is often even more stringent than the conventional mortgage applicants.''