Apply for jumbo mortgage financing in Portland, Bend, Lake Oswego, Gold Beach, Florence, and the Oregon coast to get a low attractive interest rate. Loan amount and terms of 5, 7 & 10 Year Jumbo ARMs are available as well as 30-year and 15-year fixed programs. Rates may vary from lender to lender.
Borrowers in the cities mentioned above may find they need the assistance of a lender that has super jumbo loans for multi-million dollar residences in luxury home neighborhoods.
Update: July 2011
90% jumbo loans with "full documentation" is available in AZ, CA, CO, FL, MI, OR, UT, WA to $1.1 Million -
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- Borrowers Need to have:
- 760 credit score or higher
- Purchase or Refinance (no cash back)
- Rates range from 4.5% to 5.75%
- Must Document Income and Assets for 2 years
- No Prepayment Penalty
° Interest rates are subject
to change, without notice, until locked.
° Interest rates are updated
weekly.
° All programs reflect owner-occupied properties. And illustrate 20% or more equity for refinancing.
° Jumbo loan interest rate and APR’s are based on loan amounts from $417,001 to $650,000. Slightly higher rates for loans up to $3 Million
° “Cash-out” refinances may have a different interest rate than other programs, please call to verify.
° “No Doc” and "No Income Verification" loans may have a different interest rate than other programs and 30% or more minimum equity or down payment, please contact us to verify.
° Credit Scores Borrowers should have a minimum credit score of 680 for loans under $1.5 Mil and 720 if loan is > than $1.5 Million.
° ARM (adjustable rate mortgage) loan APR’s reflect APR for fixed period only.
° ARM (adjustable rate mortgage) interest rates can increase after specified fixed period, please review all applicable disclosures.
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