Jumbo Mortgage Loan Programs
There are dozens of programs available for
jumbo loans, listed below is just a small sample of what options
you have when deciding on a loan program. You loan consultant
will help you decide which is the best solution for your
lending needs.
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100% Financing
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Rate and Term Refinance
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Construction Loans
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Second Homes
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No Income/ No Asset Verification
Loans
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Investment Property Loans
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Debt Consolidation
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Home Improvement Loans
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Unlimited Cash Out
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Option Payment Loans
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Damaged Credit
100% Financing - A mortgage that will cover
100% of the home value or the purchase price. Used for people
who lack a down payment or current homeowners who need to borrow
up to 100% of the value of their home.
Rate and Term - A rate and term refinance is
when you refinance your mortgage for a better interest rate than
your current rate. You may or may not reduce the term of your
mortgage.
Construction loans - These loans are
Primarily used for building a new home from the ground up. Small
home improvements do not need a construction loan.
No Income/ No Asset Verification
Loans - Widely used for people whom are self employed or who
have difficultly proving their income. These loans do not require income documents. Good credit is required.
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