Are you purchasing or refinance a high-priced home? Jumbo financing may be a good fit.
Jumbo loans are classified as any loan amount above the conforming limit ($484,350 in most areas of the country).
Highlights:
- Primary and Secondary Residences
- Single Family Homes, 1-4 Units, Condominiums, PUD
- Purchase, Rate/Term Refinance and Cash Out Refinances
- Fixed and Adjustable Rate Products
- Loan to Values up to 90% LTV/CLTV
- No Mortgage Insurance (PMI) regardless of Loan to Value
Product Overview:
- 660-740 Credit Scores recommended.
- Up to 89.99% Loan to Value/Cost to $1M
- Up to 85.00% Loan to Value/Cost to $1.5M
- Up to 80.00% Loan to Value/Cost to $2M or higher, restrictions apply.
- Loan amounts up to $5M and higher on a case by case basis.