Jumbo loans are one of our niche specialties. We have the products, the flexibility and the in-house underwriting to make your home buying dreams come true.
Non-Warrantable features MMI can lend on:
- Purchase and Refinances
- 30 year fixed up to $2 million with only 20% down payment
- Minimum Credit (FICO) required 720
- 15 year fixed or 5 year Adjustable Rate Mortgages up to $4 million with only 20% down payment
Window of Opportunity for Jumbo Borrowers
To simplify the reason why let’s put it this way: jumbo borrowers are generally very safe, and loans to them are a profitable bet for large banking institutions. These large banks want as many Jumbo borrowers and loans as possible. The result is a very competitive market for jumbo loans at the current time.
Condos: A Solid Step Into Homeownership
Before you dive in feet first, get a basic understanding of how condominium ownership differs from owning a single-family home or a townhome.
Feel free to contact us with any questions you may have regarding these loan products.
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This information is not intended to be an indication of loan qualification, loan approval or commitment to lend. Loans are subject to credit and property approval. Other limitations may apply and not all products are available in every state. Availability of programs is subject to change without notice. Please contact me for more information.