Super Jumbo Loans

This loan product is named a "Super Jumbo" because the loan amount is greater than $750,000 and goes all the way up to $10,000,000. A standard jumbo loan is $417,001 (as of 2008) up to $650,000 (or $1,000,000 depedning on the lender) and both type of loans are offered with added requirements or lender overlays. These type of loans facilitate the high-end purchase of expensive homes, vacation homes, investment property and upscale luxury homes. They are quite attractive for primary occupants or investors who want to leverage their assets.

silicon valley jumbo loan financing

If you are considering a Super Jumbo Mortgage, then let one of the licensed mortgage professional help walk you step by step through the loan process.

High-end financing for luxury homes requires years of experience which is crucial to finding the best mortgage program to satisfy your requirements.

Some of the Super Jumbo loan programs available are: 

  Loan amounts up to $4,000,000

NOTE: Jumbo Loans with 10% Down Payment or 90% financing in certain states


Update: Sept. 2013

90% jumbo loans with "full documentation" are available in Arizona, California, Colorado, Florida, Michigan, Oregon, Utah, Washington to $1.1 Million –
»»   Apply Now ««

    Borrowers Need to have:

  • Credit score of 720 or above
  • Purchase or Refinance (no cash out)
  • Competitive Rates start at 3.875% to 4.75%
  • Need to Verify Income and Assets for 2 years
  • No Prepayment Penalty

Otherwise, the normal down payment or equity necessary for a refinance on a Jumbo loan is 20% down/equity and a Super Jumbo, around 25 to 30% down but special programs do come up periodically.

  85% financing up to $1,750,000: "Stated Income" 720+ FICO
score:

Click for Available States

  • Interest only option
    may be available on all ARM’s, Full Documentation, Stated
    Income Loans
    Terms are on the 6 month,
    3 year, 5 year, 7 year, or 10 year ARM’s, 30 yr Fixed.
  • Simple and Convenient
    Complete the easy on-line application

    for low documentation. A loan consultant will
    be assigned to your file and will contact you to begin the process. (for jumbo mortgages and super jumbo loan).

  • Speed Guaranteed
    Apply online and a loan consultant will be in touch with you within 24
    to 72 hours to begin the loan process.
    (* If your loan is feasible)

  • Competitive Rates
    The convenient and speedy process online enables lenders to offer some of the lowest rates in the industry for all types of mortgage loans. We challenge you to find lower rates and better fees from any other lender out there!

  • No Obligation

    It costs you nothing to apply. You are never charged a fee to apply.
    No Obligation. No Credit Check, NO SSN !!.

  • luxury home financing

    Million
    Dollar Homes

    Loans for High Net Worth Individuals, Entertainers, Corporate Management, etc.

    If you have a considerable sized loan on
    your home then you probably have a financial
    advisor who is helping you plan for a solid future upon retirement. 
    Considering that sometimes high profile positions are cut short from
    external factors beyond your control, it is critical you have your
    money working for you at all times

    Interest only loans are recommended by many financial advisors since
    the tax advantages of borrowing against your home makes the cost of the
    money far lower than the potential returns invested elsewhere.

    Of course each individual has a unique portfolio to consider,
    so you may want to ask your financial consultant how you can save thousands of dollars a
    month.  Below is an example so you can see the difference

    Example of a Professional Athlete’s Loan

    A. EXISTING LOAN

    Existing Loan Balance: $1,000,000
    Product: 15 Year Fixed
    Documentation: Full
    Rate: 5.75 %
    Current P&I Payment: $8,304.10

    B. NEW JUMBO INTEREST ONLY LOAN REFINANCE

    New Loan: $1,000,000
    Product: 5 Year Interest Only
    Documentation: Stated Income / Verified Assets
    Rate: 5.375%
    New Payment: $4,479.17

    More cash flow of $53,750 a Year!
    or $4,209 per month. As an option, you may want to apply more towards principal

    This example is based on certain product guidelines but you can see how much extra money can be placed into other kind of investments.

     

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