2024 Mortgage Rates On Jumbo Loans In Nj. Jumbo loans are for homes with prices that exceed the conforming loan limit. New jersey jumbo loans allow you to borrow more money to buy a more expensive home, but they also come with higher interest rates and stricter requirements than conventional loans.

You can also keep your housing costs down by shopping around for the best mortgage rates in the state and by working to improve your credit before applying so you can snag. New jersey jumbo loan rates throughout most of the country, the conforming loan limit is $726,200.