Having access to flexible financing options can be a game-changer. Enter Jumbo Loans—the powerhouse solution for clients looking to secure high-value properties beyond traditional conforming limits. What sets Jumbo Loans apart is their ability to cater to diverse financial needs, from substantial loan amounts to unique borrower profiles like Foreign Nationals. Whether your client seeks an Interest-Only structure or needs a cash-out option with no maximum, Jumbo Loans offer unparalleled flexibility.
Available with Just a 20% or 10% Down Payment!
- Jumbo Loans are accessible with down payments as low as 20% or even 10%, ideal for minimizing upfront costs while securing significant investments.
Program Highlights
- Loan amounts up to $10 million are available, with alternative documentation options ensuring a smoother approval process.
- Interest-only loans are offered for borrowers with a 650+ FICO score, providing financial flexibility and potential tax advantages.
- Cash-out options allow borrowers to access equity with no maximum cash in hand, depending on Loan-to-Value (LTV) ratios.
Ideal for Diverse Borrower Profiles
- Perfect for borrowers needing loans that exceed conforming limits.
- Particularly beneficial for Foreign Nationals and clients with diverse income sources, accommodating various financial backgrounds.
Loan Programs Available
- Full Doc, Bank Statement, 1099 Only, and Profit & Loss (P&L) programs cater to different documentation needs.
- Foreign National and Debt Service Coverage Ratio (DSCR) programs provide tailored solutions for specific borrower profiles.
Key Qualifications and Process Simplification
- Qualifications include loan amounts up to $100 million (higher amounts available case-by-case), with no reserve requirements for LTV ≤ 75%.
- Transferred appraisals are accepted, streamlining the process and enhancing client convenience.
Conclusion:
Seize the Opportunity with Jumbo Loans Jumbo Loans represent more than just financing—they represent opportunity and growth in the real estate sector. Whether you’re assisting a high-net-worth client or guiding a Foreign National through the complexities of securing a property, Jumbo Loans offer the flexibility and support needed to make informed decisions and achieve real estate goals.