At Rate1st.com we specialize in Super Jumbo Home Loans from $2 - $7 million,

•       Up to 80% LTV
•       65% on any size loan – larger loans will not shrink this LTV
•       Cross collateralize other properties to make loans work
•       NOT FICO driven as long as we can provide LOEs that make sense
•       Single Family, Multi Unit, O/O, N/O/O, 2nd homes
•       Nationwide lending available for most metropolitan areas on full documentation loans

Reduced Documentation Programs as follows:

•       CA, HI, AZ, NV are preferred reduced doc markets
•       5 Year, 7 Year, and 30 Year Fixed products
•       6.25% - 7.50% rates depending on borrower
•       1 Point to Lender & 1 Point to Broker Maximum (no YSP)
•       24 Months Bank Statements accepted as long as deposits support debt
•       12 month PITI reserves
•       Primary Residence (Underwriting might be expanded to encompass 2nd homes)
•       PPP’s on ALL loans
•       2 Appraisals Required (will review previous appraisal if available, but investor will most likely order their own)
•       2 – 4 day review

If you have any questions, Contact Us.