844.941.5626

Forward Lending - Wholesale Lending for Mortgage Brokers

844.941.5626

Move ahead of the pack with Jumbo Loans

10/6 ARM, up to $3.5 million

Jumbo Loan Highlights

Highlights:

  • Purchase, Refi and Cash-Out
  • 30 year fixed term
  • 10/6 ARM, 30 year amortization available
  • Up to $3,500,000 Loan Amt (Purchase & Refinance)
  • DTI follows AUS (Max allowed 50%)


Purchase Highlights:

  • Max LTV 90%, 700 FICO, $1,500,000 Loan Amt
  • Max Loan Amount $3,500,000 (70% LTV, 740 FICO)
  • Min FICO 660 (Primary Residence)

 

Refinance Highlights:

  • Max Loan Amount $3,500,000 (70% LTV, 740 FICO)
  • Min FICO 660 (Primary Residence)
  • Max LTV 85%, 700 FICO, $2,000,000 Loan Amt

 

Cash-Out Refi Highlights:

  • Max Loan Amount $2,000,000 (70% LTV, 700 FICO)
  • Min FICO 680 (Primary Residence)
  • Max LTV 80%, 680 FICO, $1,000,000 Loan Amt

 

Jumbo Advantages:

  • No PMI
  • Appraisal Transferred allowed (follow policy)
  • Primary, Second and Investment available
  • 2-4 unit available (except for second home)
  • Minimum Loan Amount $400,000
  • AUS Approval required

Learn More

Have a loan that you want to discuss with our experienced team?  Drop the details here.