JUMBO FINANCING, JUMBO CASH OUT, JUMBO RATE AND TERM REFINANCE

[Jerry Padilla]

• Apply Online Today - Web Address in my signature
• National Lender
• Fixed Rate & Adjustable Rate
• Minimum credit score - 700-720 Depending on LTV
• 1-2 Unit financing options
• Maximim DTI's - 40%
• Jumbo Financing is only available if it is mortgage 1-4.
• 2 year employment history, or training and education.
• 6 - 12 months reserve requirement - depending on loan amount
• Primary Purchase and Rate and Term Refinance
  • Maximum Loan Amount / LTV / Minimum Credit Score - 1 Unit
    • $1,000,000 / 80% / 720
    • $1,000,000 / 70% / 700
    • $1,500,000 / 75% / 720
    • $2,000,000 / 70% / 720
  • Maximum Loan Amount / LTV / Minimum Credit Score - 2 Unit
    • $1,000,000 / 65% / 700
    • $1,500,000 / 60% / 720
• Cash Out Financing Options
  • Maximum Loan Amount / LTV / Minimum Credit Score - 1 Unit Only
    • $1,000,000 / 70% / 720
    • $1,500,000 / 65% / 720
    • $2,000,000 / 55% / 720
      • Must have owned the property for 6 months or qualify for delayed financing options
      • Property can not be listed for sale in previous 12 months
• Second Home Purchase & Rate and Term Refinance
  • Maximum Loan Amount / LTV / Minimum Credit Score - 1 Unit Only
    • 1,000,000 / 75% / 720

Financing Options Available in Most states including, but not limited too; CA, CT, HI, NJ, NY, RI, WA, ME, MD