MALIBU JUMBO PLUS SWELL JUMBO LENDING

15-Year and 30-Year fixed and SOFR ARMs: 5/6, 7/6 and 10/6

Loans to $3.0 million up to 80% LTV for Purchase

  • Purchase, R&T and Cash-Out

  • Loans to $3.0M up to 80% for Purchase

  • Loans to $2.5M for Investment

  • Primary and Second Home Cash-out up to $500K; Investment Cash-Out up to $350K

  • FICOs from 660

  • No reserves on loan amounts to $1.0M max. at 80% LTV, subject to DU or LPA findings

  • Owner Occupied, Second Homes and Investment

  • 15 and 30-year fixed and SOFR ARMs: 5/6. 7/6 and 10/6

  • SFR, PUD and Condos, 2 to 4 units

  • Non-occupant co-borrower allowed, with restrictions

  • Minimum loan amount is $1 higher than county loan limits

  • Loan must be received either DU “Approved/Ineligible” or LPA “Accept/Ineligible’ due to loan amount

  • Gift funds allowed on owner-occupied

  • Up to 10 financed properties; 15 REOs owned

     

 
 

QUESTIONS ABOUT OUR JUMBO PRODUCTS? CONTACT SALES AT JMAC