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If you need a loan that’s above the current conforming limit of $510,400, then you’ve got yourself a jumbo loan. A fixed or adjustable-rate jumbo mortgage with flexible down payment options can help you move into that dream home or refinance your current mortgage. If you plan on putting less than 20% down, don’t forget to ask about how you can avoid paying PMI.
To learn more about Diamond Residential's Jumbo home loan options, contact your local DRMC Mortgage Loan Advisor in your area to find out which jumbo mortgage is right for you.
Up to 95% LTV w/ no mortgage insurance
Credit scores as low as 640 allowed
Less restrictive than traditional banks
Non-warrantable condos allowed
Low reserve requirements
Flexible income qualification
Gift funds accepted
Primary, secondary, and investment properties