i jumbo loan



Quick and Easy Home Equity Lines of Credit or Fixed Rate 2nd Loans
We can do these loans within 14 days with all documentation. It is not unusual for 7 day closings after receiving all of your documents. 

Home Equity Product Line

  Product line includes:

  • Home Equity Line of Credit ( $150,000 minimum up to $500,000)


    • Interest only HELOC with 10 years interest only draw period and 20 years amortization

    • Variable Annual Percentage Rate (APR) based on Prime Rate
    • Available on Full Doc and Stated Income loans

  • Fixed Rate Second Loan ($150,000 minimum up to $500,000)

    • Terms available, 5 years to 30 year amortization
    • Interest rates are locked and will not change over time
    • available only with Full Documentation,

    • Stated Income or No Job Verification 2nd Loans

      (DISCONTINUED!)


  • First mortgage position Line of Credit ($250,000 minimum)

    • We offer special pricing for first lien products
    • Loan amount up to $1 million

  • Purchase Money Seconds for Loans and Lines of Credit



    • Lien will go behind any first mortgage lender ( Neg. amortization OK )

  • Simultaneous Closing for First and Second Lien


    • Lien will go behind any first mortgage lender*

     

    Benefits for You:

    These Home Equity Loans are flexible and affordable. Whether you are looking to consolidate student loans, car loans, credit cards, finance home improvements and/or major purchases, or simply looking for ways to secure emergency capital, we have home equity products that can help which includes:

    • A true Stated Income Loan Program up to 100% financing1
    • Competitive rates
    • NO closing costs up to $1,000,0002
    • NO application fees
    • NO initial draw requirements
    • Convenient document signing
    • Pay only Interest Only on what you draw on the HELOC
    • Potential tax deductibility - please consult tax advisor for more detail

    Restrictions apply. Ask for details.


    * Please consult your tax advisor about your personal situation.

     1 - Maximum Equity Line of $250,000 to $500,000 for 100%; $400k for refinances

    Maximum is $250,000 to $400,000 for 90% financing

    Maximum $250,001 - $1,000,000 for 80% total financing

     2 - Fixed Rate Loans of $150,000 or more; If Less, Flat fee from $995 to $2,000

    - Home Equity Line of Credit of $200,000+;  If Less, Flat fee from $1,495 to $1,995

    - depending on credit score and state

     



    Jumbo Loan Options and Resources




    © 2006-2011 iJumboLoan.com All Rights Reserved.   Privacy Policy | Disclaimer | Site Map