We are pleased to offer our Jumbo Alternative product. Designed to serve the borrower who is looking for a higher loan amount, with flexible guidelines, and who can demonstrate the ability to repay.
• LTV up to 90%, with no MI, up to $2.5 million loan amount
• DTI up to 50% with compensating factors
• 5/1 ARM and 30 year fixed options available
• Eligible income sources include restricted stock units, asset depletion and solutions for self employed borrowers
• Minimum FICO 660
• Unlimited number of financed properties on primary residence
• Purchase money and rate/term available
• Delayed financing treated as rate/term refinance
• Maximum cash-out up to $750,000 up to 80% LTV and 680 FICO
• No pre-payment penalties
CALL TODAY TO SEE IF A JUMBO ALTERNATIVE LOAN IS RIGHT FOR YOU!