Financing For Luxury Homes
Jumbo loan options for primary and second homes, including a reduced down payment option on luxury properties up to $3 million.
Fixed & adjustable rate
Jumbo Financing
- 700–740Minimum credit score
- Up to70–80%Loan-to-value (LTV)
Supreme Lending offers a Jumbo loan program that may open the door to buying your dream home. With competitive rates and guidelines, this Jumbo loan can be used for primary or second homes and has fixed-rate and adjustable-rate options.
- Primary homes$2.5 millionLoan amounts up to $2.5 million
45% maximum debt-to-income (DTI) ratio - Second homes$2 millionLoan amounts up to $2 million
40% maximum DTI ratio
Program highlights
- Fixed-rate option for 10, 15, 20, or 30-year term
- Adjustable-rate mortgage (ARM) option for 5, 7, or 10-year initial terms
- 700–740 minimum credit score
- Up to 70–80% loan-to-value (LTV)
Reduced down payment
Jumbo Financing With 10% Down
- 10%Down payment, up to a $2,000,000 loan amount
- Up to$3 millionLuxury property purchase
Purchase a luxury property up to $3 million and enjoy the benefits of a reduced down payment and no mortgage insurance.
| Down payment | Loan amount up to | FICO® score |
|---|---|---|
| 10% | $2,000,000 | 680 |
| 20% | $2,000,000 | 660 |
| 20% | $2,500,000 | 720 |
| 20% | $3,000,000 | 740 |
Program highlights
- Fixed and ARM options
- Cash-out available – 80% LTV max
- No monthly PMI
- Debt-to-income up to 45%
More loan programs
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Talk with a Supreme Lending loan officer
Georgia · Florida · North Carolina