JUMBO LOAN PRODUCTS
PRIME JUMBO (15- OR 30-YEAR FIXED)
- Loan amounts up to $3M
- 680+ FICO and up to 45% DTI
- Up to 89.99% LTV and no MI required
- UWM services these loans exclusively
- Borrower solicitation protection
- Eligible on primary, second and investment properties for purchases, rate/term and cash-out refinances
- One appraisal required for purchases up to $3M and refinances up to $2M*
- Two appraisals required for refinances over $2M*
- Loan amounts greater than $2M require 18 months of reserves in addition to any reserves required by AUS
PRIME JUMBO ARMS (5-, 7- AND 10-YEAR)
- Loan amounts up to $3M
- 680+ FICO and up to 45% DTI
- Up to 80% LTV
- Eligible on primary, second and investment properties for purchases, rate/term and cash-out refinances
- One appraisal required for purchase up to $3M and refinances up to $2M*
- Two appraisals required for refinances over $2M*
- Loan amounts greater than $2M require 18 months of reserves in addition to any reserves required by AUS
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