JUMBO I

A jumbo loan financing solution for borrowers with strong financial profiles.

Newrez’s Jumbo Series I loan is ideal for borrowers who are looking to borrow a loan amount greater than conforming loan limits. Jumbo loans paired with low mortgage rates can provide home buyers more flexible options and a more affordable payment.

 

HIGHLIGHTS:

  • 680 minimum credit score
  • 43% maximum debt-to-income ratio (DTI)
  • Purchase, cash-out and rate and term refinance options available
  • Maximum loan amounts up to
    • $2.5M for primary residences
    • $2M for second homes
  • Maximum loan-to-value (LTV) up to
    • 80% for primary residences
    • 75% for second homes

Download Jumbo I Product Profile

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