Preferred Jumbo

• Loan Amounts from $766,551 up to $4 Million
• Maximum LTV/CLTV 80%
• Purchase, Rate Term and Cash-Out Refinances
• Primary and Second homes
• Loan Terms
  • 15-Year Fixed Rate
  • Fully Amortizing 30-year ARMs: 5/1, 71/ and 10/1
  • Interest Only: 5/1, 71/ and 10/1 ARM (Max. of $2M (no cash out))
• Min. FICO
  • 720 for loans amounts up to $766,550
  • 720-740 for fully amortized jumbo loans from $766,551 up to $4 Million
  • 740 for Interest-Only (all loan amounts)
• Cash-out refinances
  • Pay off non-seasoned, non-purchase money second mortgages on a primary residence
    and Cash-Out up to $500,000