PRIME JUMBO OFFERINGS


Elite

GIVE YOUR JUMBO BORROWERS MORE OPTIONS AND GREAT PRICING


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.


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


Try our JUMBO ALTERNATIVE for Loan Amounts up to $726,525


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