If your client needs a Jumbo Loan, we can help them close: –Purchase, Refinance and Cash Out available –10% Down Payment options for Primary Purchases –5% Down for Agency Jumbo for below 822k (County Loan Limit Cap) –Purchase / Rate Term with 680 score to $2,000.000 No MI –Cash out with a 740 score to $2,000,000 with No MI –Cash out with a 680 score limited to 80% LTV –20% Down Payment with 700 score up to $3,000,000 –20% Down Payment for Investment properties with 680 score –10% Down Payment for Second home up to $2,000,000 with 680 score –Reserves vary from 3 months minimum up to 15 months –Debt to income up to 45% –Full Doc and Low Doc programs available ***Conditions may apply. Additional underwriting requirements may apply with product variation*** ***State guidelines may vary*** |
Sales of new homes sink to lowest level since pandemic as high costs and slim pickings frustrate buyers
Sales of new homes in the U.S. fell in June to the lowest level since the first month of the U.S. coronavirus pandemic in early 2020, as high prices and a limited selection frustrated scores...