Jumbo Plus Loans
Jumbo Plus offers flexible financing options for luxury buyers
We offer the Jumbo Plus product for well-qualified buyers who are looking for loan amounts up to $2,000,000 ($1,000,000 for 1st time home buyers) and have debt to income ratios of 49.99% or less.
- Borrowers with at least $500,000 in assets may be able to qualify for financing based off those assets rather than a review of their income. Borrowers who are less than 59.5 years old may only use non-retirement assets for qualification purposes.
- Gaps in employment are allowed within the past 2 years as long as the borrower is with his or her current employer for six months and can provide a satisfactory letter of explanation. Program requires a two-year employment history.
- Borrowers, transaction, and property must meet all program guideline requirements.
Not everyone will qualify for this program! Call me today to see if this product will work for you.
- Why Pre-Approval Should Be Your First Step
- Where Are Interest Rates Headed?
- The Power of Pre-Approval for Agents
- No Lender Fees
- How Low Interest Rates Increase Your Purchasing Power
- Flipped Property Finance Options
- FICO Scores
- Duplex Financing Options
- Discount Points vs Premium Pricing
- Delayed Financing Options
- Jumbo - Credit Challenged
Home Buyer Tips
- What You Need To Know About VA Loans
- USDA-Wide Open Spaces
- The Perfect Home Loan Application
- The Mortgage Process
- Student Loan Debt
- Rising Rent - No Problem
- Rent vs. Buy
- Ready To Make An Offer? 4 Tips For Success
- Path 2 Buy
- Mortgage Insurance
- Look for a Luxury Home? Now’s The Time To Act!
- How We Safe Guard Your Information
- How to know if it’s a condo?
- Getting a Mortgage: Why So Much Paperwork?
- FHA 90 Day Property Flip Waiver
- Do’s and Don’ts During The Loan Process
- Condo Loans - Low Down Payment
- 5 Reasons Home Ownership is a Good Financial Investment
- 2 Myths That May Be Holding You Back From Buying
- Niche - Unique Mortgages
- Veterans Assistance Loan Benefits
- Reverse Mortgage
- Loan Programs - Pros & Cons
- Jumbo Loans
- HUD-184 Native American Program
- HomeStyle Renovation
- FHA 203k Streamline Rehab Loan
- FHA “Back-To-Work: Extenuating Circumstances” Program
- FHA - Home Ownership Opportunities
- FasTrac Approval Process
- 3 Reasons Why First-Time Home Buyers Love FHA
- Home Ready Program
- Jumbo Plus Loans
- Union Advantage
- NHF Platinum - Down Payment Assistance
- HomeScout: Your Unfair Advantage
- FHA - Refinance
- FHA - Limited Savings
- FHA - Benefits
- FHA - Credit Requirements
- Fannie Mae - 97% LTV
- Family Opportunity Program
- Jumbo - Medical Loan Program
- Luxury Home - 2 Million Max
- Non-Resident Alien Home Loan