Jumbo Mortgage
For residential jumbo mortgages $750K - $10M+, qualifying is available using a number of personal and property income programs and for a broad range of property types and locations.
Jumbo Highlights
- From conventional jumbos - to unique incomes and property types - we fund them all!
- Larger loan sizes: $750,000 - $10M+
- 1-4 unit | primary residence, second home, and investment properties
- Salary, self-employed income, retirement/investment income, and/or assets used
- Credit score min 640+, stable income, and higher financial reserves
- Purchase, refinance, and cash-out mortgages
- Loan-To-Value (LTV) percentage ranges up to 90% depending on loan size, occupancy, number of units, FICO, and other factors
- Quick closings: 2.5 - 4 weeks
- Mortgage loan sizes depend on FICO, loan-to-value, and property type - ranging up to $10M+
- Interest-only available. NO Mortgage Insurance. Foreign National & Work Visa eligible
- Online Application | Secure Document Uploads | Mobile App | Email/Text Loan Updates!
Jumbo Types Include:
- Conventional: tax returns and/or W2/1099 to income qualify
- Non-QM Conventional: flexible full doc underwriting for LTV, credit, DTI ratio, & assets
- DSCR | Rental Income: use subject property income (actual or projected) to qualify
- Bank Statement: use gross deposits to personal or business bank accounts to qualify
- Asset Utilization: liquid and semi-liquid assets are used to qualify
- Alternative Income: qualify using 1099, P&L, Verification of Employment, or 1yr tax return
- VA: eligible VA borrowers are able to get primary jumbo mortgages
- Foreign National: multiple ways to qualify for second home and investment jumbo properties