Jumbo mortgage loans are similar to regular mortgage loans; the big difference is that the loan exceeds the limits that have been set by Fannie Mae and Freddie Mac. Any mortgage loan that is more then $417,000 is considered to be a Jumbo mortgage loan. Jumbo loans have terms very similar to regular loans. They can choose to have a variable rate, general hydroponics nutrients like 3/1 or 5/1 with a fifteen to thirty year loan. They can also choose to have a fixed rate mortgage loan for fifteen or thirty years. It will depend on your situation and plans whether you choose a variable or fixed rate Jumbo mortgage.