loans above

USAGE SUMMARY

The phrase "loans above" is correct and usable in written English.
It can be used when referring to loans that exceed a certain amount or threshold mentioned earlier in the text. Example: "The bank has specific criteria for approving loans above $50,000."

✓ Grammatically correct

News & Media

Formal & Business

Academia

Human-verified examples from authoritative sources

Exact Expressions

38 human-written examples

Private lenders underwrote 1,737 loans above $729,750 with no federal backing.

The New York Times

They may, for example, have higher credit standards or require bigger down payments for loans above $1.5 million.

The New York Times

(Georgia ranks sixth among states in the total of car-title loans, above California, which is much more populous).

The New Yorker

The number of loans above 90% of the value of the property was 2.4% of its total loan book.

The Guardian - Business

(Until then, only loans above $729,750 carry the "jumbo" premium of half a percentage point or more).

The New York Times

Loans above that amount were considered "nonconforming" or "jumbo" loans, in mortgage lingo, and carried a higher interest rate to reflect their higher risk.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

22 human-written examples

The Bank had already taken steps in June to recommend that lenders restrict the amount of lending to borrowers asking for loans of above 4.5 times their income.

The Guardian - Business

All the broker has to do is check the daily rate sheets posted by competing lenders and then steer customers to the lender who'll pay the broker the most for delivering loans at above-market rates.

Los Angeles Times

You can never increase the Direct loan above the $20,500 federal limit.

Yale University

Jumbo loan: A mortgage loan above $625,500; these loans sometimes carry a higher interest rate and require a higher down payment and higher credit score than smaller loans.

The Washington Post

Those who received a $729,750 loan at 6.25percentt would pay $609 per month less than if the interest rate were 7.5percentthe the rate they would currently pay for a loan above the conforming limit, Mr. Hackett said.

The New York Times

Expert writing Tips

Best practice

When using "loans above", clearly specify the threshold to avoid ambiguity. For instance, "loans above $100,000" is more precise than just "loans above".

Common error

Avoid using "loans above" without specifying a clear reference point. For example, instead of saying "approval is needed for loans above", specify "approval is needed for loans above the standard limit".

Linguistic Context

The phrase "loans above" functions as a prepositional phrase that modifies a noun, typically indicating a threshold or limit that loans must exceed. The phrase is correctly used to describe loan amounts surpassing a specified value. This aligns with Ludwig AI's assessment that the phrase is correct and usable.

Expression frequency: Very common

Frequent in

News & Media

50%

Formal & Business

25%

Academia

20%

Less common in

Science

3%

Wiki

1%

Reference

1%

Ludwig's WRAP-UP

In summary, the phrase "loans above" is a grammatically sound and frequently used expression to specify loan amounts exceeding a certain threshold. Ludwig AI confirms its correctness. It appears predominantly in news, business, and academic contexts. To ensure clarity, always specify the exact amount or limit being referenced. While acceptable in various settings, maintaining formality is crucial in professional communications. Examples show that "loans above" is often used to distinguish loans based on interest rates or lending criteria.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

loans exceeding

Replaces "above" with a more formal synonym, "exceeding".

loans greater than

Substitutes "above" with "greater than", which is mathematically precise.

loans over

Uses "over" as a more informal alternative to "above".

loans surpassing

Replaces "above" with "surpassing", indicating exceeding a limit.

loans in excess of

Employs a more formal and emphatic version of "above".

loans beyond

Uses "beyond" to convey exceeding a specific limit or amount.

loans higher than

A more descriptive alternative emphasizing the increased amount.

loans more than

A simplified and direct substitute for "loans above".

loans exceeding the threshold of

Explicitly states that the loans are beyond a particular threshold.

loans surpassing the limit of

Clearly indicates that the loans are over a defined limit.

FAQs

How can I use "loans above" in a sentence?

You can use "loans above" to refer to loans that exceed a particular value or condition, such as "Interest rates are higher for "loans above" $500,000".

What's a more formal alternative to "loans above"?

More formal alternatives include "loans exceeding" or "loans greater than" to maintain a professional tone in documents or presentations.

Is it always necessary to specify an amount when using "loans above"?

Yes, specifying an amount clarifies the threshold being referred to. For example, using ""loans above" $1 million" provides a clear understanding, whereas just "loans above" may be vague.

What's the difference between "loans above" and "jumbo loans"?

"Loans above" is a general term for loans exceeding a certain amount. "Jumbo loans" specifically refers to "loans above" a limit set by Fannie Mae and Freddie Mac, which are considered non-conforming.