Jumbo Cash Out to $2,500,000
Purpose: Purchase and Cash Out - no maximum on the cash to the borrower
Jumbo Loan Amounts: $2,500,000 Maximum
LTV - 85% Maximum
- Owner Occupied
- Vacation Home / Second Home
- Condo - less than 4 stories
- 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.
Minimum Required Credit Score: 640 Minimum
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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