Available for primary, second home, and investment properties, this jumbo loan is designed for borrowers with pristine credit, significant reserves, and disposable income.
1. Cash-out refinances are ineligible
2. Must receive an AUS Approve or Approve/Eligible or Ineligible specifically due to loan amount or LTV
3. Minimum 30% MI coverage required
4. Minimum loan amount of $424,101
5. First Time Homebuyers have maximum DTI of 38%