SUPER JUMBO LOANS UP TO $10,000,000

For Purchases and Refinances (both rate and term and cash out).

Rates

Loans Less than $2,000,000

.95% with 30-Year Amortization

1.2% with 40-Year Amortization

Loans Greater than $2,000,000 & up to $10,000,000

1.2% with 30-Year Amortization

1.45% with 40-Year Amortization

Sample Monthly Payments

Document Types

Full Doc.

          Reduced Doc:

Stated Income and Verified Assets (SIVA)

                    Stated Income and Stated Assets (SISA)

Property Types

          Owner Occupied Properties: SFR, condo, town home, duplex and 4 units.

          Non-Owner Occupied and Second Homes also available.

FICO Score

          A minimum FICO score of 640 is needed.

Index Types Available:

          MTA, CODI, COSI, COFI

Loan To Value (LTV) and Percent Down

10% Down and 90% CLTV available.

5% Down and 95% CLTV not available for Super Jumbo Loans.

The LTV and Percent Down depends on exact loan amount, document type and the FICO score.