NATIONAL SUPER JUMBO HOME LOANS 2016
Proud to serve luxury home buyers nationally including California, Florida, Arizona, Texas, Massachusetts, New York, Michigan, Connecticut
A Super Jumbo Loan is a mortgage that can be defined different depending on the lender or bank. At Five Stars we consider a super Jumbo loan anything over 3.0 mil. This means that our Super Jumbo mortgage program goes from $3.0- 15mil. Buyers searching for Jumbo loans under 3 mil, can learn more about the regular Jumbo loan here.
While there aren’t a lot of people with homes above $3,000,000, for those that do own them it can be difficult to find financing since many mortgage companies have a $1M cutoff on residential Jumbo financing. Another excellent service that Five Stars Mortgage provides to our clients is access to Super Jumbo Loan options.
Below are some of the highlights of our Super Jumbo Loan Programs:
- Loan amounts from $3M up to $15M
- 720 credit scores required. No financial hardships in the previous 5 years.
- Full income and asset documentation only
- Down payment as little as 15%
- Adjustable and fix rate terms
- Purchase and Refinance available
- 1-4 family residences
- Primary, vacation -2nd home properties only (second homes generally require 5% additional down payment)
- Single Family, Town Homes, Low rise, and high rise condos
Note: The regular jumbo program offers up to 95% financing to $1,000,000 loan amounts. 700 credit scores required, primary residence only. Five Stars Mortgage strives to offer the most aggressive Super Jumbo Loan programs in the market today. We have many years of jumbo loan funding experience all throughout the U.S . Please reach out to us today to discuss financing options by submitting the Request Information form at the top of your screen, or just call tel: 800-871-2636
Serving buyers nationally, including: New Orleans, Birmingham, San Antonio, Atlanta, Miami, Chicago, New York, Newark, Charleston, Raleigh, Richmond, Grand Rapids, Nashville, Oklahoma City, Memphis, Pensacola, Tallahassee, Tucson, San Jose, Sacramento, Spokane, Louisville, Lexington, Norfolk, New Haven, Providence. Stamford, Virginia Beach, Ann Arbor MI