Unconventional Mortgages (800) 718-8906

Unconventional Mortgages and Loans

(800) 718-8906

Unconventional Mortgages - A Wealth of Information Resource & Service: (800) 718-8906

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Jumbo Cash Out Refinance Loan

Jumbo Cash Out to $1,500,000

Purpose: Purchase and Cash Out – no maximum on the cash to the borrower

Jumbo Loan Amounts: $2,500,000 Maximum

Minimum Required Credit Score: 640 Minimum

LTV – 85% Maximum

Occupancies:

* Owner Occupied

* Vacation Home / Second Home

Property Types:

* SFR

* Condo – less than 4 stories

Terms:

* 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.

Credit Notes:

* Bankruptcy – 1 year seasoning required

* Foreclosure- 1 year seasoning required

* Short Sale- 1 year seasoning required

* Loan Modification- 1 year seasoning required

Available in the Following States:

Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansa, 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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Alternative Income Documentation

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Non-Qualified Mortgage Lending

Hard Money Loans

Investor Loans

Investment Property Loans