If you are buying a luxury home, or second home, and need to borrow more than the FNMA loan limits, this is your program. There are larger down payment requirements here, with the standard at 20% down.
Flexibility exists with adjustable rate mortgages allowing you to be strategic about your cash flow position. However, in today’s world jumbo fixed rates are competitive with standard conventional interest rates as well.
For a more through conversation regarding the structure and strategy of your next move, please call Ray directly (303) 779-0591 x101