If you are looking for the lowest rate on Jumbo Mortgages, and you live in Virginia, or North Carolina, you have found the right place.

We currently have a Lender which we feel has the lowest rates for both a 5/1 Arm and a 7/1 Arm Program.

The following are the LTV's that the lender will go to on a Purchase or a Rate and Term Refinance:

upto $850,000 - 80%

1,500,000 - 75%

2,000,000 - 70%

2,500,000 - 60%

3,000,000 - 50%

For New Construction (homes never lived in) reduce LTV by 15%

Minimum Fico Scores are a 650 for Wage Earner and a 700 the Self Employed Interest Only optios are available.

1st Metropolitan Mortgage