KHufford
5940 Posts |
 Posted - 08/20/2008 : 01:33:37 AM
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Mega Jumbo Residential loans up to $20MM+ available for High Net Worth individuals.
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- Maximum Loan amount $20,000,000+
- Minimum Loan amount $1,000,000
- Primary, Secondary, Investment
- Purchase, Refinance or Construction
- 5, 10 or 30 year fixed rate loans
- Interest rates are in the 5's to 7's
- No Prepay Penalties
- Interest only is available
- Full Doc or Stated programs
- Full doc typically needs 12 months PITI
- Stated needs a net worth equal to or greater than loan amount
- 80% LTV
- Foreign Nationals OK with significant down payment
Assets, Net Worth and the ability to Cross-Collateralize (if necessary) are the most important characteristics of the borrower. Thank You
Kyle S. Hufford
Nova Home Loans, Phoenix AZ
480.628.1943
kyle@novahomeloans.com
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