Jumbo Home Loans
A Jumbo Loan is designed for those looking to go above the county limit. Due to the high number of defaults on these types of loans in the last few years, these guidelines are constantly changing and are usually very specific to the individual borrower and their financial goals. It is critical on these loans that borrowers complete a full loan application with their loan professional, as well as submit all documentation for review by an Underwriter well before placing an offer on a home. These borrowers always have outstanding credit and income, but that usually comes with intricate financial and tax structures. To avoid any headaches and to get aligned with the best loan product, it is best to get a full approval including a full review of the assets to be used in the transaction and the remaining reserves.
Jumbo Home Loan Features & Benefits
· Home loans up to $3,000,000
· Fixed and ARMs available
· 1st and 2nd mortgages to maximize down payment