Looking for a big loan with great terms?
We are pleased to offer our Jumbo Alternative product — one of the new offerings as part of our unique suite of portfolio lending products. Designed to serve the borrower who is looking for a higher loan amount, with flexible guidelines, and who can demonstrate the ability to repay. This offering will help you reach more qualified borrowers.
Loan Features:
- LTV(Loan to value) ratios up to 90% with no MI
- Loan amounts up to $2,500,000
- Interest-only option
- Purchase money, rate term and cash-out refinance
- 85% LTV on a cash out refinance
- $750,000 max cash back
- Eligible income sources can include restricted stock units and asset depletion
- Minimum FICO 660
- DTI – (debt to income ratio) up to 50%
- 5/1 ARM and 30 year fixed options available
- Up to 10 acres allowed
- Unlimited number of financed properties on primary residence
- Non-warrantable condominiums including condotels
- Delayed financing treated as rate term
- No pre-payment penalties
Want to learn more? Give us a call at 562-761-6959 or email us at phoebechoong1@gmail.com
Located in Long Beach, CA. Servicing Los Angeles, Orange, Riverside and San Bernardino Counties. And the entire State of California.
