Premier Tier Products - Sterling Savings Bank Home Loan Division has a loan product offering Fixed and ARM products for Jumbo loan balances.
The Premier products offer loans for a Primary Residence Purchase, Rate & Term Refinance, Cash-out Refinance, and Second Home Purchases or Rate & Term Refinances.
Here are some of the guidelines for the Primary Residence / 1 Unit / Purchase or Rate & Term Refinance:
Maximum LTV: 80%
Minimum Loan Amount: $417,000
Maximum Loan Amount: 70% LTV = $2 million
75% LTV = $1.5 million
80% LTV - $1 million
Minimum Credit Score: 720
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