Scott Storace - Branch Manager, 100 Pacifica Drive Ste. 140, Irvine CA 92618 NMLS #226339 949.973.0141

"From the minute you call me to the minute we close, I have your back. No hassles, no banker’s hours & quick response times." - Scott Storace

  • Home Loans up to $3,000,000
  • Interest Rate Float Down Option
 

Have Questions? Call 949.973.0141

95% Jumbo Home Loan Makes Stand Out Debut

With the 95% Jumbo Home Loan, mortgage insurance isn’t required and the down payment can be a gift. We take pride in being a premier lender that offers a wide array of loan products to cater to the specific needs of each individual.

With the 95% Jumbo Home Loan, mortgage
insurance isn’t required and the down payment can be a gift!

We may have missed the fireworks but, this announcement should still come with a parade!  For home buyers in Orange County, CA, PrimeLending now offers yet another jumbo loan program with a small, initial investment.

The 95% Jumbo Home Loan Makes Stand Out Debut in Orange County, CA featuring:

·         LTV options up to 95%

·         Loan amounts up to $2,500,000

·         NO Mortgage Insurance Required 

What Makes the 95% Jumbo Home Loan Unique?

1.       This program is a low down payment option for the middle range.  Fannie Mae and Freddie Mac cap loan amounts at $625,500 and require a minimum of 10% down. By using this program we can structure purchases differently. With loan amounts between $625,501 and $700,000 buyers only need 5% down!

2.       There are few jumbo investors who will provide financing after a foreclosure. Those that do offer it, typically require you to wait at least 7 years. This program allows financing 4 years after a foreclosure. That’s the same as a conventional short sale. So, high-end buyers who’ve previously run into some trouble now have an home financing option.

If you’re a buyer who fall into one of these categories, let’s discuss your options!  Contact me today!

 

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