What is a Jumbo and Super Jumbo Loan?

Jumbo loans are larger loans that exceed conforming loan limits. These mortgages typically require a bigger down payment, higher cash reserves, and better credit.

TYPES OF PROPERTIES

• Single Family
• Multifamily 2-4 Units
• Condominiums

PROGRAM DETAILS

• Minimum Down Payment: 10% – 20%
• Maximum Debt to Income Ratio: 50%
• Loan Amount Limit: $3’000,000 – $50’000,000

Requirements

• Established Credit History and verifiable income reported in the USA.
• Must have 6-12 months of monthly payment reserves to qualify.

who can apply?

• Domestic Clients: USA Citizens, Green Card holders, Political Asylum holders, TPS, DACAS, L1, E1, E2.

What Interest Rates apply?

• Rates are subject to market change and depend on the borrower’s profile and loan parameters such as loan amount, loan program, and type of property.