Jumbo Loans Up To $5,000,000
Liquidate large amounts of equity with alternative qualifying docs and interest-only options
Our Jumbo loan product goes up to $5,000,000 and allows for a cash out with NO seasoning. There are many ways to qualify, even with alternative documentation and Foreign National status.
Jumbo size please
No. This is not fast food and we’re not talking about super-sized burgers and fries. We are getting BIG loans approved.. JUMBO loans! Liquidate up to $5MM by tapping your equity. Is there money in your primary or 2nd home that you could use for something else? Have a short term investment you want to refinance longer term? Seeking a cash out and refinance combo?
Jumbo Purchase or Refinance
Jumbo Loan Options
We are funding unique properties, unpermitted additions, manufactured outbuildings, multi-units, mixed use, and even deed-restricted real estate.
Jumbo Program and Non-QM
- Loans to $5,000,000 including cash out – only one appraisal required!
- Non-warrantable Condos, Condotels and Co-ops
- Multiple or unpermitted ADUs considered
- No Credit and Limited Credit programs
- Foreign National, Work Visas, Treaty Visas, Student Visas, Diplomatic Visas, DACA, and EAD, OPT, CPT permits – No US credit required
- Aggressive asset depletion program that can be coupled with other income and cash out can be used as income (a reverse mortgage alternative)
- Cash-out with no seasoning and unlimited cash in hand, cash out on homes listed for sale. Cash out can be used as reserves.
- Gift of equity, gifted reserves and gifted down payment including investment properties
- Acreage and hobby farms with no acreage limit, AG zoning allowed
- Short time self-employed borrowers and /or 1 year tax return program at lower LTVs priced as Full Doc
- RSU, stock awards, grants and options may be used as income
- Funding / Titling in LLC allowed for investment properties
- Non-occupant co-borrowers allowed on rate term refi, cash out refi, second homes, and purchases with true blended ratios
- Use of departing residence rental income allowed with no lease, security deposit, or landlord history
Full or Alt Doc
- Loans from $175K to $3.0M
- Interest-Only offered up to $2.5M
- Up to 50% DTI
- FICOs from 660
- LTV up to 75%
- Unlimited cash-out up to 65% LTV
- CASH-OUT can be used to meet the reserve requirement
- Qualify with 1 or 2-years W2 or Tax Returns
- Qualify with 12 or 24-months of Bank Statements
- Qualify with 12 or 24-months P&L with no additional assets
- 36-months seasoning for major derogatory credit
- Minimal tradeline requirements
- Manual underwriting
- Primary, second-home and investment transactions
- SFR, PUD, Condo, Non-Warrantable condo, 2-4 units
Frequently Asked Questions
Jumbo Loan Q&A
Below are the most common questions about qualifying for Jumbo loans.
What does it mean when a Jumbo program is Non-QM or Alt Doc?
Simply put, Alt Doc means “alternative” documentation or documents that are different from traditional qualifying proof of income. When using the term Non-QM, it generally means to non-traditionally qualify for a mortgage. So, both Alt Doc and Non-QM are used frequently to refer to similar, alternative, ways to get a loan approved.
Do you need to be a U.S. Citizen?
No. While U.S. Citizens and Permanent Resident Aliens are qualified, we ALSO approve Foreign Nationals and those persons with Work Visas, Treaty Visas, Student Visas, Diplomatic Visas – No US credit required.