09 Nov Jumbo Loan Options For Homebuyers
Ready for another booming purchase market? The Mortgage Bankers Association (MBA) has released their projections for 2022 and report that mortgage originations for the purpose of buying a home are forecast to rise 9% to a record of $1.73 trillion in 2022. You can count on the Jumbo market to be a big one again.
Whether you have homebuyers trying to buy a home now or planning to after the holidays make sure you have a full-service lending partner with Jumbo mortgage options. Don’t find out last minute that your Jumbo client can’t qualify for Prime. The market will continue to be competitive and there is no time for a closing delay! Find out from the start the right Jumbo mortgage and get to the closing table on time.
We are all in the referral business – so together let’s provide a smooth loan process and protect our reputation, referrals and earning potential. All of our Jumbo products are available for single family homes, townhomes, condos, second homes and investment properties.
OUR JUMBO OPTIONS THAT OTHER LENDERS MIGHT NOT HAVE:
Gold Prime Jumbo
Allows for a 50% DTI and loans up to $3.5 million for those who qualify.
Loan amounts up to $3 million.
Non-QM Platinum Jumbo
For those who miss Prime qualifications. Allows non-warrantable condos and just one year out of foreclosure, short sale, deed-in-lieu or two years out of bankruptcy.