JUMBO PRODUCTS
JMAC offers outstanding jumbo lending suited for your needs. Find out more about these lending options below.
SUMBIT A LOAN SCENARIO
Compare all 5 Jumbos - Side by Side
MONTEREY JUMBO
Primary, Second Home and Investment Properties with Aggressive Pricing
Now Accepting High-Balance Loan Amounts
• Loans to $3M
• Primary, Second homes and Investment Properties
• SFR, PUD, Condo, 2-4 Unit property types
• Loan amount needs to be $1 higher than conforming loan limits
• FICOs from 720
• Max. DTI up to 43%
• 100% of funds to meet reserve can come from retirement accounts
• Fixed 15- and 30-year and 5/6, 7/6 and 10/6 SOFR ARMs
• U.S. citizens and permanent residents only
JUMBO PLUS+ PURCHASE, RATE/TERM and CASH-OUT
APPRAISAL TRANSFERS ACCEPTED
JumboPlus+ is ideal for borrowers who need to go above conventional loan limits but may not qualify on jumbo guidelines or may not have the requisite reserves.
Maximum 10 financed properties and maximum 10 total properties owned.
• Loans to $3M
• Max. LTV/CLTV is 89.99%
• Owner-Occupied, Second Homes and Investment
• FICOS from 660 with max. DTI 50%
• No reserves on loan amounts up to $1.0M, subject to DU findings
• Loans above $1.0M with up to 80% LTV require only 6 months of reserves
• No rental history required for first-time homebuyers living rent-free.
• Loan amount must be $1 higher than county limits
• Unlimited cash-out up to max. LTV
MALIBU PLUS PURCHASE, RATE/TERM AND CASH-OUT
AGGRESSIVE PRICING ADVISORY
15 and 30-year Fixed and SOFR Index ARMs: 5/6, 7/6 and 10/6
• Loans to $3.0M up to 80% LTV for Purchase
• Loans to $2.5M for Investment
• Owner-Occupied, Second Homes and Investment
• FICOs from 660
• Non-occupant co-borrower allowed, with restrictions
• No reserves on loan amounts to $1.0M max. at 80% LTV, subject to DU or LPA
findings
• Loan amount must be $1 higher than county limits
• Primary and Second Home Cash-out up to $500K; Investment Cash-Out up to $350K
• SFR, PUD and Condos, 2 to 4 units
• Up to 10 financed properties; 15 REOs owned
Manhattan PLUS PURCHASE, RATE/TERM AND CASH-OUT
Ideal for first-time home buyers with no mortgage or rental history.
Get Cash-Out up to 75% LTV
• Loans to $2.5M
• 80% LTV to $1.5M
• FICOS from 680
• 30-year fixed
• Owner-occupied and second-home transactions
• 2 to 4-units
• Appraisal Transfers Accepted
• Loan amount must be $1 higher than conforming limits