These
loans do not conform to the guidelines established
by Fannie Mae or Freddie Mac or exceeds the conventional
loan limit is called a Jumbo loan. These loan amounts
can go up to 2 million dollars. Loan to value limits
for Jumbo loans range from 50% to 95% depending on
the loan amount.
With
this jumbo loan, borrowers can maximize their cash
flow by making fixed rate interest only payments during
the first five years of the 30 year jumbo loan. By
freeing up their funds this loan program allows borrowers
to direct their savings to short term investments
or other interests. This can add up to substantial
monthly savings and increased purchasing power.
Cash
Out for Home Improvements or Debt Consolidation, etc.
Loan
amounts range from $288,000-$2,000,000.
Fixed
Rate - Fixed rate mortgage in a variety of terms up
to $2,000,000 loan amount.
One
Year Treasury ARM - One year adjustable rate mortgage
that adjusts annually for loan amounts to $3,000,000.
3/1
Treasury ARM - Adjustable rate mortgage for loan amounts
to $2,000,000 that has a fixed rate for the first
three years and adjusts annually afterward.
5/1
Treasury ARM - Adjustable rate mortgage for loan amounts
to $2,000,000 that has a fixed rate for the first
five years and adjusts annually afterward.
7/1
Treasury ARM - Adjustable rate mortgage for loan amounts
to $2,000,000 that has a fixed rate for the first
seven years and adjusts annually afterward.
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Loans - Apply Online
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