Jumbo Loan product 1.5 Million Still Aggressive
This Jumbo Loan Program comes from 1 of Americas strongest banks. They are well capitalzed, eager to lend and focused on helping businesses and consumers come through these extraordinary times with flying colors.
Advantages to this loan program include
Debt-to-Income ratio allowed up to 50% on refinances and 45% on purchases. This is huge compared to the standard 28-36% often required from the conventional lender.
This will cut years off customers’ current mortgage term, saving thousands of dollars in interest.
Jumbo loans available up to $900,000 with no price to rate adjustments for Jumbos up to %1,500,000.
This program is available one day off MLS for purchase and refinances. So there is no title seasoning requirement for homes that have been recently taken off the market.
