Jumbo and Super Jumbo Loans

Jumbo and Super Jumbo Loans

Very interest that is competitive . Flexible terms . Tailored choices . Loan amounts up to $25 million or higher . Jumbo loans could be the right fit when buying an extravagance house or investment property that is high-priced.

As a premier provider of million buck mortgage loans, Axos Bank is expert at accommodating loan that is large and producing custom home loan solutions:

  • Loan amounts as much as $25 million or higher
  • Bank Statement Loans
  • Underwriting Flexibility
  • Portfolio Loan Alternatives
  • Considerable selection of mortgage programs and choices
  • Interest-only solutions
  • Original properties considered
  • 90% funding on purchase loans
  • Very competitive non-resident alien programs

Exactly what are Jumbo and Super Jumbo Loans?

Jumbo and Super Jumbo Loans provide the flexibility of borrowing with less limitations. They could be used to invest in primary res >mortgages into a single loan.

Home financing is usually considered a Jumbo Loan whenever it exceeds the conforming loan limit, $484,350 in many U.S countries, set by Fannie Mae and Freddie Mac . Super Jumbo Loans often consist of home loan amounts over $1 million .

How come Axos Bank the best choice in Jumbo Loans?

  • Experienced experts who are intimately acquainted with luxury house areas
  • Self-employed borrowers may use bank statements to validate income
  • Unique programs to buy funding
  • Loan underwriters whom realize complex situations http://speedyloan.net/reviews/money-mutual/ that are financial
  • Fixed Rate and Adjustable Rate Mortgage (ARM) loans with Interest-Only Mortgage Options
  • Resource Utilization: make use of your fluid assets to assist in fulfilling full doc debt-to-income (DTI) ratio needs
  • Pledged Assets: finance up to 90percent of a property’s value by pledging safety assets or savings in place of a payment that is down
  • Cross Collateralization: finance up to 100percent of a house’s value through securing the mortgage against an extra free and clear home