OUR JUMBO LOANS ARE BIGGER & BETTER IN TENNESSEE, ALABAMA AND FLORIDA
P3 Home Loans believes in providing you with a variety of financing options, including a variety of jumbo loan products up to $4 million. Jumbo loans can be used to buy a home in a high cost area, build your dream home, or refinance an existing jumbo loan.
HERE ARE HIGHLIGHTS OF OUR JUMBO LOAN PRODUCTS:
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Maximum Loan Amounts up to $4 million
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Maximum Loan to Value (LTV) ratios up to 90%
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100% Gift funds allowed from a family member; otherwise a minimum borrower contribution is 5%
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Purchase, Rate/Term and Cash-Out refinancing (Maximum Cash Out $500,000)
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Minimum 600 FICO score
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Maximum 50% Debt to Income (DTI) ratios
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Fixed and Adjustable Rate Options, as well as Interest Only options
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Primary residences, Investment and Second homes
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Unlimited financed properties for Primary residences
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Maximum 40 acres
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Eligible borrowers include Permanent and Non-Permanent Resident Aliens
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Up to 4 unit dwellings