JUMBO MORTGAGE LOAN

Loan amounts up to $3M

700+ FICO and up to 43% DTI

Up to 80% LTV

10-year interest only, 20-year amortization period

Eligible for primary and second homes for purchases and rate/term refinances

One appraisal required for purchases up to $3M and refinances up to $2M*

Two appraisals from two different appraisers required for refinances over $2M*

Loan amounts up to $1M require 12 months of reserves in addition to any reserves required by AUS

Loan amounts over $1M require 24 months of reserves in addition to any reserves required by AUS

Loan amounts up to $2.5M

700+ FICO and up to 50% DTI

Eligible for primary and second homes for purchases and rate/term and cash-out refinances

One appraisal required for loans up to $2M*

Two appraisals, from two different appraisal companies, required for loans over $2M*

For primary purchase loans up to $2M – 12 months reserves required

For second home loans over $2M – 18 months reserves required

For primary cash out loans up to $1M – 12 months reserves required (up to $300,000 cash back)

For primary and second home loans over $1M – 18 months reserves required (up to $300,000 cash back)

For primary cash out loans between $1.501-$2M – 12 months reserves required (up to $500,000 cash back)

For second home cash out loans between $1.501-$2M – 18 months reserves required (up to $500,000 cash back)

Loan amounts up to $1.5M

720+ FICO and up to 40% DTI

Eligible for primary purchases and rate/term refinances

One appraisal required for loans up to $1M*

Two appraisals from two different appraisers required for loans over $1M*

For primary purchase loans up to $1.5M – 24 months reserves required

640+ FICO, with LTVs up to 90% and no MI required

Loan amounts up to $3M

Self-employed borrowers only

Minimum 12 months of reserves required

Minimum 12 months consecutive bank statements required

Two appraisals from two different appraisers required for loans over $1.5M

Loan amounts up to $2 million

Exclusive rate incentives for borrowers with 700+ FICO

As little as 10% down

Eligible for primary and second homes

ARM and fixed-rate options available

Same day closings with UClose

10% down payment up to 1.5 million

Scores as low as 720 FICO

Can close in under 3 weeks