Jumbo Cash Out to $2,000,000

Purpose:

  • Purchase
  • Refinance Rate and Term
  • Refinance Cash Out - no maximum on the cash to the borrower 

Loan Amounts

$2,000,000 Maximum

LTV - 80% Maximum

Occupancies:

  • Owner Occupied
  • Vacation Home / Second Home

 

Property Types:

  • SFR
  • Condo - less than 4 stories 

Terms:

  • 5 year ARM
  • 7 Year ARM

No Pre-payment Penalty. Pay the loan off at any time without incurring a penalty or early termination fee.

Credit Score:

640 Minimum

Credit Notes:

Bankruptcy - 2 years seasoning required.

Foreclosure- 2 years seasoning required

Short Sale- 2 years seasoning required

Loan Modification- 2 years seasoning required

 

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All articles on this Website are for informational purposes only. This Website refers all registrants to licensed Mortgage Brokers/Lenders that perform acts for which a real estate license is required.