– AAA Lendings Jumbo Loan – AAA Lendings Detail:
Overview
Loan amount exceeds the limits for a conventional conforming loan.
Program Highlights
30/15 Years Fixed
1) Rental income can be used with 2 years landlord experiences history;
2) No Mortgage Insurance needed;
3) Max. DTI 45%;
4) Max. LTV 85% for purchase & R/T; Max. LTV 75% for C/O;
5) Max number of financed properties: ① Primary – No Limit, ② 2nd & Investment Property – Max. 20;
6) Max. Loan Amount $3.0M;
7) Max. cash-out amount $500,000;
8) Min. 12 months reserves on PITIA;
9) Min. FICO 680.
Move High Balance to Jumbo 10/6 ARM
Loan Amount More Than $726,200
* Loan Amount at Least $1 Over the Agency Conforming Loans Size are Allowed.
7/6 ARM
1) Min. FICO 700;
2) Min. 6 months reserves on PITIA;
3) Max. LTV 89.99%;
4) Max. Loan Amount $2.5M;
5) Max. Cash Out $750,000;
6) 1 Unit & 2 Units;
7) Primary & 2nd Home property;
8) Purchase & R/T Refi & C/O Refi.
What is Jumbo Loan?
A jumbo loan is a type of financing that exceeds the limits set by the Federal Housing Finance Agency and cannot be purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac. Homeowners must undergo more rigorous credit requirements than those applying for a conventional loan. Jumbo loans allow you to buy expensive properties. A jumbo loan is not backed by Fannie Mae or Freddie Mac.
In 2022, the FHFA improves the loan limits for all kinds of loan types, especially Jumbo Loans. Please refer to below 2022 loan limits in California, if your loan amount exceeds $970,800, you’re suitable for Jumbo loan.
2023 Loan Limits in California Counties
|
COUNTY |
1-Unit Limit |
2-Unit Limit |
3-Unit Limit |
4-Unit Limit |
|
ALAMEDA |
$1,089,300 |
$1,394,775 |
$1,685,850 |
$2,095,200 |
|
ALPINE |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
AMADOR |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
BUTTE |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
CALAVERAS |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
COLUSA |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
CONTRA COSTA |
$1,089,300 |
$1,394,775 |
$1,685,850 |
$2,095,200 |
|
DEL NORTE |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
EL DORADO |
$763,600 |
$977,550 |
$1,181,650 |
$1,468,500 |
|
FRESNO |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
GLENN |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
HUMBOLDT |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
IMPERIAL |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
INYO |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
KERN |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
KINGS |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
LAKE |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
LASSEN |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
LOS ANGELES |
$1,089,300 |
$1,394,775 |
$1,685,850 |
$2,095,200 |
|
MADERA |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
MARIN |
$1,089,300 |
$1,394,775 |
$1,685,850 |
$2,095,200 |
|
MARIPOSA |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
MENDOCINO |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
MERCED |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
MODOC |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
MONO |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
MONTEREY |
$915,400 |
$1,171,900 |
$1,416,550 |
$1,760,400 |
|
NAPA |
$1,017,750 |
$1,302,900 |
$1,574,900 |
$1,957,250 |
|
NEVADA |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
ORANGE |
$1,089,300 |
$1,394,775 |
$1,685,850 |
$2,095,200 |
|
PLACER |
$763,600 |
$977,550 |
$1,181,650 |
$1,468,500 |
|
PLUMAS |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
RIVERSIDE |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
SACRAMENTO |
$763,600 |
$977,550 |
$1,468,500 |
$1,468,500 |
|
SAN BENITO |
$1,089,300 |
$1,394,775 |
$1,685,850 |
$2,095,200 |
|
SAN BERNARDINO |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
SAN DIEGO |
$977,500 |
$1,251,400 |
$1,512,650 |
$1,879,850 |
|
SAN FRANCISCO |
$1,089,300 |
$1,394,775 |
$1,685,850 |
$1,867,275 |
|
SAN JOAQUIN |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
SAN LUIS OBISPO |
$911,950 |
$1,167,450 |
$1,411,200 |
$1,753,800 |
|
SAN MATEO |
$1,089,300 |
$1,394,775 |
$1,685,850 |
$2,095,200 |
|
SANTA BARBARA |
$805,000 |
$1,030,550 |
$1,245,700 |
$1,548,100 |
|
SANTA CLARA |
$1,089,300 |
$1,394,775 |
$1,685,850 |
$2,095,200 |
|
SANTA CRUZ |
$1,089,300 |
$1,394,775 |
$1,685,850 |
$2,095,200 |
|
SHASTA |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
|
SIERRA |
$726,200 |
$929,850 |
$1,123,900 |
$1,396,800 |
Product detail pictures:
Related Product Guide:
Planning your financial future begins with the right mortgage partner, and at AAA LENDINGS, we are committed to helping you achieve your dreams. We understand that the journey towards homeownership can be exciting but also daunting. Our seasoned professionals are more than just mortgage experts; they are your financial allies. They are available to discuss your goals, assess your financial situation, and provide personalized guidance that captures your interest. We take pride in being the guiding hand that empowers you to make informed decisions about your future. – AAA Lendings Jumbo Loan – AAA Lendings , The product will supply to all over the world, such as: Guatemala , Naples , Spain , Due to the stability of our items, timely supply and our sincere service, we are able to sell our merchandise not only over the domestic market, but also exported to countries and regions, including the Middle East, Asia, Europe and other countries and regions. At the same time, we also undertake OEM and ODM orders. We will do our best to serve your company, and establish a successful and friendly cooperation with you.
By June
from
Suriname
-
2018.02.12 14:52
The sales manager has a good English level and skilled professional knowledge, we have a good communication. He is a warm and cheerful man, we have a pleasant cooperation and we became very good friends in private.
By Federico Michael Di Marco
from
Nepal
-
2018.08.12 12:27
