10% Down, Jumbo Loan Amount Limits

Jumbo Loan Amount Limits:

• 90% Jumbo –  loan limit cap $3,000,000 – 6 months payment reserves required
• 85% Jumbo –  loan limit cap $3,500,000 –  9-12 months payment reserves required
• 80%-70% Jumbo – super jumbo loan limits available up to $9mil.

Program Details:

• No private mortgage insurance PMI options  – single loan and combo piggyback loan options
• 30-year fixed, 15-year, or common adjustable-rate (ARM) options like 5/1, 7/1, etc
• No early payoff penalty
• Flexible jumbo refinance options available for both interest rate reductions and cash-out refinance
• Second home & Vacation homes are permitted with a 10%+ down payment