HIGH-BALANCE AND JUMBO PRODUCTS

In today’s market, you need more High-Balance options in your toolbox with better pricing. JMAC offers Conforming High-Balance - FNMA and FHLMC - along with 4 High-Balance eligible Jumbo options.

SUBMIT A LOAN SCENARIO

CONFORMING HIGH-BALANCE FNMA

Primary, Second Home and Investment Properties with Aggressive High-Balance Pricing

•  Up to 97% financing
•  Up to 80% LTV for cash-out
•  up to 85% LTV for Purchase and Rate/Term for 2 units
•  100% of down payment and closing costs may be gifted
•  SOFR ARMs 5/6, 7/6 and 10/6.

 

CONFORMING HIGH-BALANCE FHLMC

•  Up to 95% financing
•  620 minimum FICO
•  Up to 80% LTV cash-out
•  Up to 80% LTV for Purchase for Investment
•  SOFR ARMs 5/6, 7/6 and 10/6.

 

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 conforming 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

NEWPORT JUMBO ARMs PURCHASE, RATE/TERM AND CASH-OUT

Put your clients in our aggressively-priced ARMs: 5/6, 7/6, 10/6

•  Loans to $4M
•  Max. DTI 45%
•  FICOS from 700
• 100% Gift Funds Allowed
•  Living rent free allowed
•  1 to 2-units
• Appraisal Transfers Accepted
• Loan Amount must be $1 higher than conforming limits

MONTEREY JUMBO

Primary, Second Home and Investment Properties with Aggressive Pricing

  • 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 county 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

CONTACT US