JUMBO SERIES J

Full suite of fixed and ARM jumbo products with loan amounts up to $2 million.
Highlights

  • Loan amounts up to $2M
  • Minimum FICO 661
  • Minimum loan amount $1 over conforming limits and $1 over high balance limits
  • First time homebuyers permitted
  • Maximum DTI 43%
  • Investment properties up to 75% LTV/CLTV
  • Cash-out for all occupancy types, including investment properties
  • Non-Warrantable Condos
  • Non-Occupant Co-Borrowers permitted
  • LTV’s up to 90% with no mortgage insurance
  • Mortgage lates of 1X30X12 or 2X30X24 permitted (cannot be in most recent 3 months)

Jumbo Series J provides borrowers financing with credit scores starting at 661 and LTV’s as high as 90% with no mortgage insurance (min. FICO 680), as well as numerous other options to suit your borrower’s needs. 

 

Eligibility Guidance:

 

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