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The average loan size is just under $10 million.
Also, the loan size is quite small so any transfer fees will have a big impact.
The average loan size is 8,000 RMB, or about $1,200.
The maximum loan size is 60% of the property's value and the rate is fixed at 3.99% until February 2022.
Loan size, Ms. Neilson said, continues to be "a big damper" for many borrowers in the Northeast.
The jumbo market would continue to exist because of other rules, including limits on loan size relative to property value.
Ms. Mills suggested in the conference call that the higher loan limits did not really affect the average loan size.
Borrowers take out eight payday loans a year, spending about $520 on interest with an average loan size of $375.
Users type in their preferred loan size and down payment, Social Security number, the address of the property and their monthly debts and annual income.
The average loan size was £113,400 in May compared with £110,000 in April and £105,000 a year previously.
The cost of each further one-week rate-lock extension, however, is one-quarter of a percentage point of the loan size.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com