Jumbo loans are a great solution for borrowers looking to finance a home for an amount that is above conventional conforming loan limits.

Plus, it can help you reach more clients you may have not been able to assist before. Purchase, Refi and Cash Out available!

Highlights:

• Purchase, Refi and Cash-Out
• 30 year fixed term
• 10/6 ARM, 30 year amortization available
• Up to $3,500,000 Loan Amt (Purchase & Refinance)
• DTI follows AUS (Max allowed 50%)

Purchase Highlights:

• Max LTV 90%, 700 FICO, $1,500,000 Loan Amt
• Max Loan Amount $3,500,000 (70% LTV, 740 FICO)
• Min FICO 660 (Primary Residence)

Refinance Highlights:

• Max Loan Amount $3,500,000 (70% LTV, 740 FICO)
• Min FICO 660 (Primary Residence)
• Max LTV 85%, 700 FICO, $2,000,000 Loan Amt

Cash-Out Refi Highlights:

• Max Loan Amount $2,000,000 (70% LTV, 700 FICO)
• Min FICO 680 (Primary Residence)
• Max LTV 80%, 680 FICO, $1,000,000 Loan Amt

Jumbo Highlights:

• No PMI
• Appraisal Transferred allowed (follow policy)
• Primary, Second and Investment available
• 2-4 unit available (except for second home)
• Minimum Loan Amount $400,000
• AUS Approval required