A November 2012 article reported that Massachusetts jumbo-loan approvals had nearly doubled in the previous year. It described almost 14,000 loans totaling nearly $10 billion in 2011 and expected 2012 activity to exceed that level.
The report concerns historical lending volume. It does not describe current jumbo-loan limits, interest rates, qualification standards or an available financing program.
Historical account attributed to the original Boston City Properties article. Underlying records and later outcomes have not been freshly verified.