Super Jumbo Loans

A super jumbo loan is a loan request exceeding $650,000. A super jumbo loan typically has a rate .25% higher than your average jumbo loan.  Super Jumbo Mortgages are those offered above and beyond the average jumbo loan amount of $417,000 and have special programs aimed directly at these consumers. Programs range from "Interest Only" Libor Loans, Adjustable Rate, and Fixed Rate Mortgages.
Some of the programs available are:

15, 20 and 30 Year Fixed Rates
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One, Six and Twelve Month COFI / Libor / MTA
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3, 5, 7 and 10 Year (Principal and Interest OR Interest Only Payment)
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75% financing to $4,000,000 ( Full Documentation )
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Stated Income, and No Income, No Asset Verification Programs
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Unlimited Cash out on Refinance
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Has your home appreciated in value?

Buying a Million dollar home ?

 

The jumbo loan programs above are limited to certain states and lenders. Available only to applications which meet underwriting guidelines.  Products, pricing and terms for super jumbo loan programs are always subject to change and no offer to lend money is expressed or implied. Consult a licensed mortgage professional for details pertaining to any and all available super jumbo loan programs.  Not every applicant qualifies nor is every program available for each unique borrower.