Welcome to MortgageBase - the leader for Jumbo Mortgages and Super Jumbo Mortgages with an online presence for over 10 years.
A Jumbo Mortgage is a mortgage that exceeds current agency limits of $417,000. A Super Jumbo Loan is a mortgage that exceeds $1,000,000.
Our vast array of products along with our commitment to customer satisfaction make us the premier source for your transaction.
Request a quote, or call us today - (800)291-0405. You will deal directly with our expert staff.
Current Jumbo Loan and Super Jumbo Loan Specials:
Following are only a select few of the programs that we are currently offering.
Please complete our Quote Request Form for your specific needs.
- $750,000 to $2.0 million: 30 Year Fixed, 5.125%, .500 total points *
* 5.296% APR assuming a $1.25 million loan, 25% Equity, Full Doc, Fully Amortized with Escrows
~ County and State Loan to Value Restrictions Apply, declining markets may require more equity. 720 minimum credit score
- $750,000 to $3.0 million: 5/1 ARM, 3.875%, .875 total points *
* 3.987% APR assuming a $1.5 million loan, 25% Equity, Full Doc, Fully Amortized
~ County and State Loan Amount and Loan to Value Restrictions Apply - declining markets may require more equity.
~ No Refinances in TX on this 5/1 ARM program (request a quote for a TX refi).
~ 1 Year Prepayment Penalty of 1% of loan amount, 700 minimum credit score.
- $750,000 to $3.0 million: 7/1 ARM, 4.125%, .625 total points *
* 4.136% APR assuming a $1.5 million loan, 35% Equity, Full Doc, Fully Amortized
~ County and State Loan Amount and Loan to Value Restrictions Apply - declining markets may require more equity.
~ No Refinances in TX on this 7/1 ARM program (request a quote for a TX refi).
~ 1 Year Prepayment Penalty of 1% of loan amount, 700 minimum credit score.
- $2.5 million to $10 million+: High Liquidity 3/1 Year Treasury ARM, 4.030%, .750 total points *
* 4.497% APR assuming a $4 million loan. LTV availability determined by liquidity
~ MINIMUM of $5 million liquid reserves required - (reserves are only verified, not pledged or liquidated).
RATES ARE SUBJECT TO CHANGE WITHOUT NOTICE.
ALL QUOTES ABOVE ALSO ASSUME THAT THE TRANSACTION IS A PURCHASE OR
NO-CASH OUT REFINANCE OF AN OWNER OCCUPIED HOME
The rates above are specific to the given scenarios as of 27-July-2010.
Request a confidential no obligation custom quote or
call a Jumbo specialist : (800)291-0405.
|
A few of our Mortgage Products:
- Fixed Term ARMs - Initial Fixed interest rate and payment rate for 3, 5 or 7 years with Fully Amortized or Interest Only payments.
- Pledged Asset Mortgages - Borrow 100% of the purchase price or of your home's value without mortgage insurance to $6 million or higher! Keep your assets invested where they earn a better return.
- Super Jumbo Mortgages - We can lend up to $6 million under our Standard Guidelines or even higher on a case by case basis.
- Interest Only Mortgages - We offer everything from 1 Year Adjustables to 10/1 Fixed to Adjustables to 30 year fixed rate loans with initial interest only payments.
