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04-03-2020/Jumbo and Super Jumbo Loans

Jumbo and Super Jumbo Loans

Very competitive interest levels . Versatile terms . Tailored options . Loan amounts up to $25 million or more . Jumbo loans could possibly be the right fit when selecting an extra house or high-priced investment home.

As a premier provider of million buck home loans, Axos Bank is expert at accommodating large loan quantities and producing custom mortgage solutions:

  • Loan amounts as much as $25 million or even more
  • Bank Statement Loans
  • Underwriting Flexibility
  • Portfolio Loan Alternatives
  • Substantial array of home loan programs and choices
  • Interest-only solutions
  • Original properties considered
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  • 90% financing on purchase loans
  • Extremely competitive non-resident alien programs

What exactly are Jumbo and Super Jumbo Loans?

Jumbo and Super Jumbo Loans provide the flexibility of borrowing with less limitations. They could be utilized to fund primary res >mortgages right into a solitary loan.

Home financing is typically considered a Jumbo Loan when it exceeds the conforming loan limit, $484,350 generally in most U.S countries, set by Fannie Mae and Freddie Mac . Super Jumbo Loans frequently consist of home loan quantities over $1 million .

Exactly why is Axos Bank the first choice in Jumbo Loans?

  • Skilled experts who are intimately acquainted with luxury house areas
  • Self-employed borrowers may use bank statements to verify earnings
  • Unique programs for sale funding
  • Loan underwriters who realize complex monetary situations
  • Fixed Rate and Adjustable Rate Mortgage (supply) loans with Interest-Only Mortgage Options
  • Resource Utilization: use your fluid assets to assist in fulfilling full doc debt-to-income (DTI) ratio demands
  • Pledged Assets: finance as much as 90percent of a house’s value by pledging safety assets or savings in place of a deposit
  • Cross Collateralization: finance up to 100per cent of a property’s value through securing the mortgage against one more free and property that is clear