Luxury Home Financing

 

"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)

  • Maximum Loan is $900,000
  • Minimum Credit Score is 680
  • 100% Gift for DP is allowed.
  • 1/1, 3/1, 5/1, 7/1 & 10/1 ARM's
  • 30 Year Fixed Rate
  • Interest only on 3/1 & 5/1 ARM's
  • Cash out refinance to 75% of Value

Super Jumbo to $3 Million

  • Purchase & No-Cash Refinance (Excellent Credit and Liquidity Required)
  • 25 %  to 35% Investment Required
  • 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.

Loan Scenario Request

Use this form to tell us what you need 24/7. We will get back to you
as soon as possible during business hours.
 
Your Contact Info
*Name:
*Email:
Phone:

Property Info
*Property City:
*House Type: (Condo/SFD, etc):
*Listed Price or Mkt Value:
*Purchase or Refi?:
*Are you buyer/borrower?:
*Are you an agent?:

Buyer/Borrower Needs (If Known)
Working with a prospect now?:
Down Payment Available (%):
Need cash out on refi?:
Fixed or ARM Requested?:
Credit Score (if known):
Self Employed or W-2?:
Annual Income?:
*Comments/Notes:

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 Suburban Mortgage, Inc - AZ Mortgage Banker License - BK 10123 / NMLS 3089 

 Jon Laird NMLS 175458 

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