Jumbo Loans Booklet - Mindi

Jumbo Mortgages FINANCING MULTI-MILLION DOLLAR HOMES

Borrow more with a local lender.

JUMBO LOAN KEY FEATURES: Credit score as low as 661 85% Loan-to-Value Primary, Secondary, and Investment Properties are eligible In-house underwriting Competitive rates Closing within 30 days Only 1 appraisal needed on properties up to $1.5 million loan amount

Experience the difference working with a local lender who knows your market.

ABOUT JUMBO LOANS: A loan is considered jumbo if the amount of the mortgage exceeds loan-servicing limits set by Fannie Mae and Freddie Mac — currently $548,250 for a single-family home (except for a few federally designated high-cost markets).

Jumbo mortgages are available for primary residences, second or vacation homes, and investment properties, and are also available in a variety of terms, including fixed rate and adjustable rates loans. A jumbo loan will typically have a higher interest rate, stricter underwriting rules and require a larger down payment than a standard mortgage.

MINDI ANAND Loan Officer | 2022639 747 SW Mill View Way, Bend, OR 97702 (415) 320-5707 mindi.anand@pmrloans.com www.pmrloans.com/manand 2021 Premier Mortgage Resources LLC | NMLS 1169 | This is not an offer to extend credit or a commitment to lend.

All loans are subject to underwriting approval. Some products may not be available in all states and restrictions apply. California licensing by the Department of Business Oversight, under the California Residential Mortgage Lending Act. Equal Housing Lender.