A&D Mortgage’s Prime Jumbo Loan product is available as a fixed mortgage with a term of up to 30 years. $2 million For primary residences, second homes, or investment properties. Competitive program terms include up to 89.99% LTV, minimum FICO score of 660, and no mortgage insurance requirements. A&D Mortgage Prime Jumbo products are also available for purchases, rate/term refinances, and cash-out refinances. Deferred financing up to 180 days is available.
“We partner with brokers to make mortgages accessible to as many people as possible, and our new Prime Jumbo Loan product will help make that goal a reality.” Max Slyusarchuk“We are excited to offer this product and will continue to tailor the program terms and offerings to be as competitive as possible and meet the needs of our partners and the borrowers they serve,” said the A&D Mortgage founder and CEO.
Shortly after the COVID pandemic hit united states of america In March 2020, mortgage lenders phased out jumbo loan products. Due to the economic impact of the coronavirus and the resulting uncertainty, underwriting for jumbo loans was put on hold indefinitely. Now that we are one year into the pandemic and lockdowns are over, jumbo loan products are making a comeback.
A&D Mortgage, a premier direct lender, offers a wide range of conventional, government and non-QM loan products with turnaround times of under 48 hours and the most competitive rates in the industry. In addition to the new Prime Jumbo loan product, A&D Mortgage offers programs for self-employed borrowers who verify their income using bank statements, profit and loss statements or 1099 forms. Programs are also available for foreign borrowers and borrowers with less than perfect credit histories. Additionally, a no-verification program is available for investment property loans.
For more information, visit www.admortgage.com , www.admortgage.com/important-disclosures or call 1.855.ADLOANS.
SOURCE A&D Mortgage
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