This Jumbo Loan Program is for Borrowers with Less Than Perfect Credit
Jumbo Loan Amounts to $4,000,000 | Maximum Cash Out – $1,500,000
Credit Score Requirements 660 Minimum Credit Score
Property Types
* Single Family and duplexes – 85% max LTV financing
Occupancies
* Owner-Occupied
* Investment Properties:
* 1-2 unit and 3-4 unit to 70% LTV to $2,000,000
* Second Home:
80% LTV Max Financing
Underwriting Highlight Notes:
Gift/unseasoned funds for down payment OK
Private Mortgage Insurance (PMI) – Not Required
Available in the Following States:
Alabama, Arizona, California, Colorado, Florida, Georgia, Hawaii, Idaho, Illinois, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nevada, North Carolina, Oregon, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and West Virginia.