Phoenix Jumbo Loans and mortgage rates
Jumbo Purchase with 10% Down Payment
- 90% of Purchase Price
- Loan amounts to $625,000
- 740+ Fico
- Primary Home Only
- 40% Debt to Income Ratio
- 80% to $1.5 million
- 75% to $2.0 million
- Condos and Second home start at 80%
- Need CASH OUT on your Jumbo? 75% to $2.0 million
*All Phoenix loans require:
- Full documentation of income
- Full tax returns required if other real estate is owned
- Assets must be verified
- Automated underwriting approval required
- Rates subject to change
- Credit score requirements on all loans
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