Credit scores starting at 660 | Up to 90% LTV, No MI
Newpoint Mortgage’s Prime Jumbo mortgage product is a competitively priced loan option for borrowers purchasing homes outside of conforming limits. Borrowers who cannot qualify under GSE guidelines now have more options with us. Those who miss Prime Jumbo qualifications can quickly be moved to our Platinum Jumbo product which is also a competitively priced option. Our Jumbo program helps you save more deals!
- Loan amounts to $3 million (minimum $1 over conforming limits)
- Seven years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
- Owner-occupied, second homes, and non-owner occupied
- Purchase and cash-out or rate-term refinance
- DTI up to 43%