Jumbo Buyers Need Options In Today’s Market

The demand for Jumbo loans continues to increase as home prices keep going up. In fact, many markets have homes that were well below conforming limits not too long ago now in the Jumbo range. Many homebuyers weren’t expecting to need a Jumbo loan and a growing percentage of these buyers miss Prime Jumbo qualifications.

In today’s market, Jumbo mortgages account for 12.4% of all purchases and refinances – an increase of 5.25% over last year at this time according to property and mortgage data aggregator Black Knight, Inc. The National Association of Realtors reports that home sales priced over $1 million increased 244% year over year in May.

 
Don’t risk a Jumbo deal falling-out because another lender doesn’t have options outside of Prime. Have your homebuyer START with the lender with options and END at the closing table without delays! That would be me – call me today for more details.


  • Up to 50% DTI
  • Loan amounts to $3.5 million
  • Primary, second homes and investment properties

  • Loan amounts to $3 million
  • Primary, second homes and investment properties

  • Loan amounts to $3 million
  • Four years out of foreclosure, short sale, bankruptcy or deed-in-lieu
  • One year tax return program available