Prime Jumbo Loan Program from Verus
Prime Jumbo Loan Program from Verus
Our Prime Jumbo Loan Program offers low rates for qualified borrowers purchasing high-value homes who require loan balances that exceed agency limits.
Prime JUMBO
- Loan amounts up to $3 million
- FICO® scores down to 680
- Cash-out up to $500k
- Up to 85% LTV
- PMI not required
- Primary, second homes and investment properties are eligible
As a mortgage lender, you have undoubtedly found that more and more of your prospects are being pushed out of traditional conventional mortgages. As home prices continue to rise in most areas and interest in luxury properties increases, a growing number of mortgages are needed that are larger than the allowed limits for conventional loans.
Our Prime Jumbo Loan Program offers the perfect solution for funding purchases too large for conventional mortgages.
Verus offers a competitive, flexible jumbo loan property mortgage program for a wide range of qualified purchasers. If your customer needs financing for a large amount, contact us to see how we can put our flexibility to work for you—to grow your mortgage volume and increase profits with our Jumbo mortgage loan product.
That flexibility can also prove priceless in unique home-buying situations. It's essential to understand the additional requirements for jumbo loan applicants. Verus is here to help you close them efficiently. We will walk you through applicant requirements such as credit scores, debt-to-income ratios, cash reserves, and additional documentation.
Are you looking for a jumbo mortgage loan? Ask your lender to reach out to Verus Mortgage Capital and find out how they can use our Prime Jumbo Loan product to help you purchase your home.
Why choose our Prime Jumbo Loan Program? Because it provides flexible funding for creditworthy borrowers. In addition, Verus is a leader in the non-conforming mortgage space. This means we have both the experience and funding needed to assist loan officers like you in reaching your goals —while you help your customers achieve their homeownership goals.
Why now? As home prices increase, the need for jumbo mortgages is growing as well -- making home ownership more attainable inexpensive real estate markets. And when you help your loan prospect qualify for a mortgage, it often leads to more referrals and future sales for your company.
Many creditworthy buyers do not have available funds to make a cash purchase. Taking out a jumbo loan may be the only way they can purchase a high-value or luxury property —and now, you have access to a product that can make that happen for them.
Ready to start growing your mortgage volume? See how our loan programs can help you, and find out what qualifications are required. Then, in a matter of minutes, your company can assist customers in purchasing their new homes.
Prime Jumbo Loan Program from Verus
Our Prime Jumbo Loan Program offers financing for qualified borrowers purchasing high-value or luxury homes who require loan balances that exceed agency limits.
Prime JUMBO
- Loan amounts up to $3 million
- FICO® scores down to 680
- Cash-out up to $500k
- Up to 85% LTV
- PMI not required
- Primary, second homes and investment properties are eligible
Our Jumbo Loan program breaks through the barriers that keep creditworthy borrowers from the financing they need, through proven processes and common-sense underwriting.
*Conventional loan limits may be higher in your area—as much as $822,375 or more, depending on your market.
Our Programs
Our non-QM programs break through the barriers that keep creditworthy borrowers from the financing they need, through proven processes and common-sense underwriting.