Jumbo Series J Updates - 5/21/18

New Penn Financial is updating the Jumbo Series J product profile effective immediately with the following changes in alignment with investor requirements.

The Jumbo J product guideline updates include primary purchases and rate and term refinances of 3 to 4-unit properties to a loan amount of $2M, and an increase of up to ten (10) financed properties.

Here's the summary of the recent changes:

Refer to the updated product profiles posted to the Product Profiles page for all requirements.