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"Jumbo" Loans: $417,001 to $3.0 Million
Luxury Home Financing from Experts
Arizona is fortunate enough to have many communities with luxury homes that are frequently priced into the millions of dollars.We are proud to offer many financing options for this class of home. We also offer significant cash-out refinance options. Call us any time for details.
In today's lending environment, all loans require full income and asset verification. Here are some general guidelines for these homes and their buyers:
20-25% Down Payment (Good Credit Required)
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Maximum Loan is $900,000
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Minimum Credit Score is 680
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100% Gift for DP is allowed.
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1/1, 3/1, 5/1, 7/1 & 10/1 ARM's
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30 Year Fixed Rate
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Interest only on 3/1 & 5/1 ARM's
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Cash out refinance to 75% of Value
Super Jumbo to $3 Million
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Purchase & No-Cash Refinance (Excellent Credit and Liquidity Required)
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25 % to 35% Investment Required
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3/1, 5/1 & 7/1 ARM's or 15/30 Year Fixed
These are guidelines only, each borrower is different and we will take that into account.
You will get the attention and service you deserve from one of us. You will notice the difference right away. We're not your usual loan officer. Each of us has more than 28 years experience.
Call or email Jon Laird at (602) 606-6721 for a no obligation, no pressure discussion of your needs.
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