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| Jumbo loan
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Loans exceeding the limits set by Fannie Mae and Freddie Mac. The current limit for a single-family home is $252,700 except in Hawaii, Alaska and the Virgin Islands where it is $360,000. |
| Jumbo mortgage
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A mortgage which is larger than the legislated purchase limits of Fannie Mae and Freddie Mac. |
| Jumbo utility brick
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4 x 4 x 12 inch brick. |
| Jumper
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A short wire to close a break in or cut out part of a circuit or to make a temporary electrical connection. |
| Junction
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A region of transition between semiconductor layers, such as a p/n junction, which goes from a region that has a high concentration of acceptors (p-type) to one that has a high concentration of donors (n-type). |
| Junction box
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Utility area where incoming current is connected in an electrical appliance. |
| Junior beam
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A secondary, smaller structural piece which is used to brace or transfer a load between two other structural pieces. |
| Junior lien
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A lien that is subordinate to a senior lien and cannot be satisfied until the senior lien is paid. |
| Junior mortgage
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Loan that is subordinate to the primary loan and cannot be satisfied until the primary loan is paid. |
| Jurat
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Certificate of an officer stating that a sworn statement is genuine stating when, where and before whom the statement was sworn. A jurat commonly appears at the bottom of an affidavit. |
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