Call us today
We are avaialble 7 days a week by phone, to meet in person or apply on line.
A loan amount exceeding the conforming loan limit of 484,350 for a single-family home is a Jumbo loan. Therefore, Jumbo home loan programs are available for those higher amounts. Above all, the Jumbo Easy Close program have fewer document needs and little or no reserves required. As a result, buyers close fast with less effort. To that end, Jumbo Easy Close is the best loan program to avoid jumbo home loan massive paperwork. In addition, 6 to 18 months of mortgage payments in the bank as reserves. Want a fast-easy closing? Jumbo Easy Close is the solution.
Moreover, jumbo home loans have limitations due to Dodd-Frank Bill rules of Ability to Repay. In addition to the Qualified Mortgage rules, other guidelines may apply.
Underwriting guidelines for Jumbo home loan can be quirky. Granted that the most qualified borrower can be derailed by a minor guideline. Accordingly, having only one loan program option may result in the borrower starting over with a new lender. Most banks have only one program.
Above all, the benefit of CharterStone Mortgage has access to multiple jumbo loan programs. The options facilitate the matching of the loan application file to the best loan program for each unique borrower- seamlessly.
Benefits:
Alternate programs designed for the borrower that does not fit the traditional Jumbo home loan programs. Visit the alternate credit and income page for more options.
Click edit button to change this text. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
We are avaialble 7 days a week by phone, to meet in person or apply on line.