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Jumbo Cash Out Refinance Loan

Jumbo Loan Amounts to $4,000,000 85% LTV

-.08 x Tap into your home’s equity with a jumbo cash-out refinance up to $4,000,000 with a maximum loan-to-value (LTV) of 85% and minimum credit score of 660. Available for owner-occupied and second homes, including eligible single-family residences (attached or detached) and low-rise condos (under four ). .5

Jumbo Cash-Out Refinance Highlights -0.1

  • Maximum LTV: 85% -1
  • Cash Out Amount: Up to $3,000,000 _

Eligible Occupancy Types: 0

  • Owner-Occupied -1.2
  • Second Homes -.1
  • 2 Unit OK 5% LTV Reduction -.1

Eligible Property Types: 0

  • Single-Family Residence (Detached) -1.2
  • Single-Family Residence (Attached) -.1
  • Condominiums (Less than 4 stories) -.1

Available Terms: 0

  • 5-Year ARM -1.2
  • 7-Year ARM -.1
  • No Prepayment Penalty on Owner-Occupied -.1

Credit Requirements: 0

  • Bankruptcy: Minimum 1-year seas -1.2
  • Foreclosure: Minimum 1-year seasoning
  • Short Sale: Minimum 1-year seasoning _

Available in the Following States:

Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Michigan, Mississippi, Missouri, Nevada, New Jersey, New Mexico, North Carolina, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

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Last Updated on 4 months ago by Broker Mortgages