Like the standard jumbo loan, a super jumbo loan exceeds the standard conforming loan. The super jumbo loan is anywhere from 1.5 million - 7.0 million. A super jumbo loan tends to work with the corporate consumer and large companies rather than household consumer. This does work with very expensive homes that require a super jumbo loan. For more information contact the jumbo loan and super jumbo loan experts at California Jumbo Loans.net 415.380.2347 and ask for Rich Juarez.

Super Jumbo Loans

Jumbo Loan to Value Ratio

Contact one of our California Jumbo Loans .net qualified mortgage brokers today for a FREE MORTGAGE ANALYSIS -- 24 HOUR APPROVAL -- and a NO OBLIGATION QUOTE @ 415.380.2347 and ask for Rich Juarez!

California jumbo mortgage loan processing follows this simple pattern:

• Present loan proposal based on the initial jumbo mortgage inquiry
• We gather borrowers home information, social security numbers and income.  Finalize 1003 mortgage application for the jumbo loan, and obtain preliminary credit approval. 
• Send out initial good faith estimate and other disclosures for the California mortgage
• Request documentation, consisting of income (verified or not), current mortgage information, insurance information, legal authorizations and assets
• Upon receipt of the required documents including, order title work, schedule appraisal, request payoff information and mortgage history, we will submit final documentation to underwriter and set signing date.
• Verify final closing numbers and lock in rate (if not already locked in)
• Print final loan documents and forward to signing agency
• Sign and fund loan, or wait for 3 day cancellation period to fund

As in any mortgage transaction, additional information may be required to finalize a 'clear to close' with  underwriting.  We will listen closely to your needs up front, so that we may present all necessary information in a timely manner to underwriting.

A stated income jumbo loans is a loan that can help you purchase an expensive home without having ot verify your income. This program is less costly for the borrower when compared to other reduced or non documentation type loan programs. This type of loan is perfect if you have a job that make verifying income difficult. As long as you have decent credit you can qualify for the stated income mortgage program. This type of loan is available as a jumbo loan or non conforming loan. Contact the jumbo loan experts at California Jumbo Loans.net for more information on jumbo loans and the other various types of jumbo loans.

A Balloon jumbo loan mortgage is another type of jumbo loan. This type of jumbo loan is a balloon mortgage, meaning that the length of the loan is very short in its duration. The jumbo loan will be between 5-10 years in its length. Balloon mortgages also tend to have a large closing fee at the end of the loan, which must be paid in full. With the Jumbo Loan already a high amount, a balloon mortgage added on this will only make it harder to pay off. Contact California Jumbo Loans.net for more information contact the jumbo loan professionals at 415.380.2347 and ask for Rich Juarez.