Jumbo Home Loans
The term “jumbo loan” is a catch-all phrase for properties that exceed the price ceiling of Freddie Mac and Fannie Mae guarantees and so are exempt from conventional financing programs.
We offer a jumbo loan product to meet every need, including flexible qualification terms (asset depletion, pledged assets), property types (unique builds, investments, hobby farms, etc.), and loan sizes (over $5 million). Our creative approach to every loan allows us to find solutions that our competitors do not offer.
- Down payment: as low as 10%
- Credit score: as low as 660
- Debt-to-income ratio: as high as 50%
- Gift payments: allowed; gifts, grants, and seller concessions
- Rate and Term: fixed and adjustable rate options
- Ceiling: $10,000,000
- Occupancy: primary, secondary, and investment eligible
- Mortgage insurance: no
90% loan-to-value with NO mortgage insurance up $1.5 million.
~ Allows borrowers to keep their assets deployed and working for them rather than liquidating to meet large down payment requirements.
Asset depletion for income qualification.
~ Allows borrowers to use liquid assets as collateral for income to assist in meeting debt-to-income ration requirements.
~Good for complex income scenarios: self-employed, retired, divorce situations, trust income recipients, corporate buyouts, and more.
Use of business funds for down payment and closing costs is acceptable.
~ The line is often blurred between personal and business assets. We understand that and make the mortgage financing process easier.
Cash out available up to $2.5 million (50% loan-to-value).
~ Access the home equity you’ve worked hard to build.
Hobby farm, farm, and ranch properties eligible.
~ Whether you are boarding horses, harvesting avocados, or maintaining 900 acres of grapes, we offer the financing solution you need.
Submit your loan application today! Track status and make modifications on-the-go. Easy, fast, and secure.
About the Loan Programs
As a bank and a broker, we find loan solutions where other lenders cannot.
- Conventional (Fixed, ARMs)
- FHA (203b, 203k, Refi)
- USDA (Section 502)
- VA (VA, VA Streamline)
- Manufactured Homes
- Mobile Homes
- Refinance (Rate and Term, HARP)
- Farm and Ranch
- Second Mortgages (HELOC)
- Jumbo (Primary, Secondary, Investments)
Market Update Blog
From our Clients:
“Good explanation of process and forms. Always kept up-to-date during the loan processing.”
“Communication through telephone and emails was excellent with updates…”
“The speed and ease of communication… always flexible to accommodate our schedule.”
“Our transaction was complex due to various family entities. It was difficult but successful. Great job!”
“This was a painless process and you succeeded where conventional banks failed me.”
Central Coast Lending Reach
We offer home loans / mortgages to the Central Coast and the entire state of California, including:
San Luis Obispo County:
Arroyo Grande, Atascadero, Avila Beach, Cambria, Cayucos, Creston, Grover Beach, Los Osos, Morro Bay, Nipomo, Oceano, Paso Robles, Pismo Beach, San Luis Obispo, San Miguel, San Simeon, Santa Margarita, Shandon, Templeton, and surrounding cities.
Santa Barbara County:
Buellton, Carpinteria, Goleta, Guadalupe, Hollister Ranch, Isla Vista, Lompoc, Los Alamos, Los Olivos, Mission Hills, Montecito, Orcutt, Santa Barbara, Santa Maria, Santa Ynez, Solvang, Cayuma, Vandenberg Village, Garey, Summerland, and surrounding cities.
Bakersfield, Delano, Arvin, California City, McFarland, Ridgecrest, Maricopa, Taft, Oildale, Lamont, Rosamond, Rosedale, Greenfield, Shafter Lost Hills, Wasco, Bear Valley Springs, Boron, Frazier Park, Wofford Heights, Weedpatch, and surrounding cities.
Carmel, Del Rey Oaks, Gonzales, Greenfield, King City, Marina, Monterey, Pacific Grove, Salinas, Sand City, Seaside, Soledad, Bradley, Castroville, Chualar, Las Lomas, Lockwood, Moss Landing, Elkhorn, San Ardo, San Lucas, Prunedale, Pajaro, and surrounding cities.
Real Estate Reports
Our quarterly reports on the Central Coast real estate market feature data on sales, pricing, foreclosures, and more.