NON-CONFORMING/JUMBO LOAN PRODUCTS
JMAC offers outstanding jumbo products suited for your needs. Find out more about these lending options below.
Click here for Jumbo Product Comparison
Our most popular – and flexible – jumbo product.
• 30-year and 40-year fixed-term with interest-only
• $100K to $2.5 million
• Up to 95% LTV with NO MI
• Non-occupant co-borrowers and gift funds allowed
• Interest-Only with 680+ FICO
• Cash back up to $2.5 million
• Cash back 90% LTV up to $1.5 million
• 2-years seasoning (short sales & bankruptcy); 3-years seasoning (foreclosures)
• As low as 600 FICO
Laguna is a premium jumbo product with aggressive pricing on purchase loans.
• Aggressive pricing on purchases
• Rate reduction of .250 for ACH payment (any bank)
• 80% LTV/CLTV up to $2M min. 700 FICO
• 70% LTV/CLTV up to $3M min. 720 FICO
• 100% of the down payment from gift funds
• H1B, H1C and L-1 VISAs accepted
• Investment property to $2 million
• Only one appraisal required up to $3 million loan amount
Ideal for Millennials with no mortgage or rental history. In addition, Manhattan loans offer aggressive pricing on refinances.
• Loans to $2.5M
• Delayed financing allowed up to 50% with a $1M loan amount
• Rental income allowed on departing property
• Up to 8 financed properties allowed (max. 15 owned non-comm. properties)
• 100% reserve can be from retirement funds
• First time home buyer: no mortgage or rental history required