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Super Jumbo CA Home Loans
Whether it's
• an estate home
• beachfront property or
• a private ranch
we make super jumbo loans for California mortgages over $1 million dollars easy.
Click here for important qualification information for jumbo loans over $1 million.
Super jumbo bank loan financing in California up to five million dollars, or hard money up to three million dollars. We have many loan options to choose from, depending on your exact qualifications.1
- Fixed and Adjustable Rate Super Jumbo Loans
- Full Doc Jumbo to 80% LTV to $2MM on owner-occupied SFR
- Only 10% down on jumbo purchases to $1.1MM max loan with 10% seller-carried subordinate financing!
- Jumbo second home and vacation home loans
- Purchase, rate & term refinance, cash-out refinance
- "Hard Money" jumbo loans to $3MM also available -- CA only
- "Conforming Jumbo" to $625,500 -- government FHA and VA loans available
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Other super jumbo loan features
- Bank loans -- jumbo loan programs for fully documented income and assets to credit-qualified borrowers.
- Hard money super jumbo residential loans starting as low as 9.00%. We have private money sources for specific situations that just miss bank guidelines on high end real estate in desireable markets -- up to 70% LTV in some cases. Full doc or stated income qualifying.
- "Interest-only payment" or 40-year amortization schedule options are available on many of our jumbo loan offerings.
- Jumbo residential construction loans (full doc only)
- Properties vested in a trust, partnership, LLC, or Corp OK
- Loans to Foreign Nationals (second homes only, max 55% LTV)
- Cross-collateralized property transactions considered
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California Super Jumbo Loan Market Update, 2008
Qualifing for a California jumbo loan in excess of the "conforming jumbo" limits set by county today requires a significant down payment if you are purchasing, or substantial residual equity in the property if you're refinancing an existing loan. The exact equity requirement will depend on the loan amount sought, your credit, income, debt-income ratios, asset reserves, occupancy and property type.
Super Jumbo Loan Amounts and Loan-to-Value Ratios (SFR purchase and rate/term refinance; cash-out refinance at lower LTV):
* loans up to 80% of the value / sales price to $2 million dollars max
* loans up to 70% of the value / sales price to $5 million dollars max
* 10% additional seller-carried subordinate financing is allowed on some purchase loan programs--loan amount restrictions apply.
LOW JUMBO / SUPER JUMBO RATES
* 6-month ARM -- lowest monthly payment and NO negative amortization!
Interest-only available!
* 5/1, 7/1, 10/1 ARMs -- low fixed monthly payments and NO negative amortization! Interest only and 40 year amortization terms available!
For inquiries regarding super jumbo mortgage loans in California please call me direct: 1-800-644-8829 or inquire online.
- Loan programs and amounts, percentage of loan-to-value, rates, terms and qualifications vary by lender. Restrictions and conditions apply -- see the 2008 jumbo loan market update above or call for more information.
Find out how you can get your free personalized Mortgage Analysis Report —
see and compare the benefits in writing.
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