PRIME JUMBO OFFERINGS


Elite

GIVE YOUR JUMBO BORROWERS MORE OPTIONS AND GREAT PRICING

**Ask About Our 100% LTV Jumbo Cashout Refinance


Giving your borrowers options is what brokers do best. Prime Jumbo up to 89.99% LTV and Prime Jumbo Released up to 80% LTV let you do exactly that — all while competing and winning against banks and retail lenders on desirable Jumbo loans. Both offer the ability to run DU for approved eligibility and fast closings, and each is specifically tailored to help you win more loans and better serve your borrowers.

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ADDITIONAL DETAILS FOR ALL PRIME JUMBO AND PRIME JUMBO RELEASED LOANS:

  • Maximum loan amount $3M
  • Maximum DTI 45%
  • Minimum FICO 680
  • No M.I. required
  • Available on purchases and cash-out and rate/term refinances
  • Minimum loan amount $1 over county loan limit
  • Primary, second and investment properties eligible
  • Not available on Texas 50(a)(6) or Texas Conversion loans
  • Appraisal waivers are not available on Prime Jumbo loans
  • Restricted Stock Units (RSU) income accepted
  • Just run through DU, receive an Approve/Ineligible response and submit to UWM
  • For loans under $2M, no extra reserves required – reserves follow DU requirements
  • For loans under $2M, only one appraisal required
  • For loans between $2M to $3M, two appraisals and 18 months of reserves required



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MAE Capital Real Estate and Loan

CA DRE #01913783 NMLS #806170

4940 Pacific Street Suite A
Rocklin, CA 95677

Licensed under the California Department of Real Estate #01913783 NMLS #806170.
The Nationwide Mortgage Licensing System & Registry (NMLS) hosts a website called NMLS Consumer Access. NMLS Consumer Access is a fully searchable website that allows the public to view information concerning state-licensed companies, branches, and individuals licensed and registered through NMLS, including  MAE Capital Mortgage Ins. Corporation. It is found online at www.NMLSConsumerAccess.org.

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