Luxury Real Estate Is In High Demand! Recommend A Lender With Jumbo OPTIONS

Higher priced luxury homes are in demand! According to the National Association of Realtors, record-setting transactions are occurring across the country that includes the priciest homes for sale. They report that home sales priced over $1 million increased 244% year over year in May. Lawrence Yun, chief economist at the National Association of Realtors stated that this is because “Wealthier Americans have benefited greatly during the pandemic thanks to the rising stock market, which typically helps grow net wealth. So there is greater demand for luxury housing now….” This is most likely due to low mortgage rates and gains in the stock market which make purchasing higher priced homes easier for many people.

When higher priced homes are in demand…..Jumbo loans are too! With tighter lending restrictions, not everyone is qualifying for Prime Jumbo.

Don’t watch your homebuyer get turned away and have to start over with the lending process! Tell them to call us first.

Our Jumbo Options Other Lenders Might Not Have:

GOLD PRIME JUMBO

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

PRIME JUMBO

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

NON-QM PLATINUM JUMBO

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