Jumbo Loans

Conforming Loan Limits In Summerlin means Nonconforming Loans for High Cost Homes

If you are looking to purchase or refinance a home and your financing exceeds the conforming loan limits set by Fannie Mae and Freddie Mac, you will require a nonconforming loan which is also commonly referred to as a Jumbo loan. Jumbo loans are loans with a minimum loan amount of $424,101 and higher. With more options and very competitive rates for your Jumbo loan, you’re sure to close quickly and smoothly on your new home. I service loans in Summerlin, Henderson, Noth Las Vegas as well as the whole state of Nevada! Contact Tiffani Planck today at (702) 336-0668!

Jumbo Alternative Features!

• LTV up to 90%, with no MI, from $424,101 to $2,500,000 loan amounts
• DTI up to 50%
• 5/1 ARM and 30 year Fixed options available
• Interest-only option
• Eligible income sources include restricted stock units, asset depletion and other solutions for self-employed borrowers
• Minimum FICO 660
• Unlimited number of financed properties on primary residence
• Non-warrantable condominiums including condotels
• Purchase, Rate Term refi, Cash-out refi and Debt consolidation available
• Delayed Financing treated as rate term
• 85% LTV on cash-out refi with 700 FICO, Max $750,000

Highlights of our more traditional program!

• Maximum Loan Amounts up to $2.5 million
• Minimum 720 FICO l Maximum Loan to Value ratios up to 80%, Maximum 43% DTI ratio

• Maximum Loan Amounts up to $2 million
• Minimum 700 FICO l Maximum Loan to Value ratios up to 80%, Maximum 43% DTI ratio

• Maximum Loan Amounts up to $1.5 million
• Minimum 680 FICO l Maximum Loan to Value ratios up to 80%, Maximum 38% DTI ratio

• Maximum Cash Out amount permitted up to $500,000
• Fixed and ARM options that include 7/1, 7/4, and 10/1, and investment properties.
• 1-4 Unit Primary Residence, 1 Unit Second Homes
• Only one appraisal required, up to $1,500,000 Loan Amount

Working with a Qualified Jumbo Loan Lender

Tiffani Planck and Vision Home Mortgage strive to exceed your expectations with our Jumbo loan products in Summerlin, North Las Vegas, Henderson and the whole state of Nevada. Our quick, easy and no hassle pre-approval process will get you set and on your way to find or refinance your home today! Contact Tiffani today at (702) 336-0668 for your no obligation consultation and find out which Jumbo loan product best fits your home financing needs!

jumbo loans

Get Approved for a Jumbo Loan Today!