California Jumbo Loans 2021

California Jumbo Loans 2021 | Valor Lending Group

Are you looking to purchase a luxury home in the beautiful state of California?

When your sights are set on a pricy home a traditional loan most likely wont be enough. California Jumbo loan programs are available to help when your loan amount needed exceeds the limits and guidelines of the traditional conforming loans set by Fannie Mae, Freddie Mac and the FHA to guarantee or insure. California homes are already high in price and when you add in wanting to be located in or near the major cities or on the breathtaking beaches the price only goes up.

In California the popularity of jumbo loans has skyrocketed. For San Diego county the loan limit is currently $753,250 for 1 unit single-family homes.  When searching for a jumbo loan it is nice to have a team of knowledge behind you and that is where Valor Lending Group can be a helping hand. We work with the best to get you the perfect rates that will make you smile from ear to ear. Valor Lending Group is comminuted to provide you with everything you will need to achieve your dreams.

Valor Lending Group is ready to start a scenario for you TODAY!

How Do You Qualify For A Jumbo Loan?

You qualify for a Jumbo Loan in the same way as a conventional or high balance loan, with full documentation, such as 2 years tax returns, W2s, most recent pay stubs, etc.

Who Is A Jumbo Loan Right For?

At Valor Lending Group, we have Jumbo Loans perfect for the high income and strong asset borrower who is looking to buy or refinance a luxury home in high end markets.

In addition, we also offer full documentation low rate loans, stated income loans, and hard money loans.

Advantages and Disadvantages of Jumbo Loans

1) Pros of Jumbo Loans

• Higher Loan Amounts
• Luxury Homes purchase (better schools, lower crime rates, larger homes)
• No Mortgage Insurance (for some lenders)

2) Cons of Bank Statement Loans

• Higher Interest Rates
• Lower Leverage
• Lower debt to income ratio, typically at 35% DTI
• Higher reserve requirements
• More stringent underwriting guidelines

Valor Lending group features the very best California jumbo loan programs.

• Valor has a number of full document financing solutions for purchase, refinance, and cash out Jumbo Loans, we have options to allow you to secure and maintain the luxury property of your dreams.
• We offer full documentation low rate loans, and stated income loans, and hard money loans up to $5,000,000. Our borrowers choose from 5,7,10 and 30 year fixed rate loans. Most often with our full doc low rate loans our services are ‘free’ of charge to the borrower. (Check your county limits here)
• What is a jumbo loan? A jumbo loan is one that exceeds the subject property county guidelines for conforming and high balance conforming loan amounts.
• Although there are many jumbo lenders in California, most of them only fund up to $2,000,000-$3,000,000. Therefore, most borrowers really appreciate Valor’s ‘super jumbo’s’ up to $5,000,000.

Valor Jumbo Loan Program Highlights | California Jumbo Loans 2021:

• Up to 90% LTV
• Max Loan Up to $10M! (Most lenders cap at $2M-$3M)
• Flexible Guidelines
• 15, 20, 25 & 30 Year Fixed Interest Rates
• Valor exhibits the very best communication, service, rates and performance in the industry
• Valor ensures the very best pricing by shopping with many direct lenders so you don’t have to!

We also offer:

• Bank Statement Loans
• Hard Money Loans
• FHA Loans
• Doctor/Dentist/Vet Loans
• VA Loans

CALL or EMAIL me for immediate attention to your scenario!

Valor Lending Group can fund your fast-hard money loan up to $10mm in as little as 7 days often without an appraisal.

Valor Lending Group also offers literally every loan in the book! Please do not hesitate to CALL or EMAIL me with any scenarios. 

I look forward to an opportunity to demonstrate my prompt and professional service.

Recap of our Loan Products:

1. Hard Money Loans (20% down / minimal documentation) Typically Fund in 7-10 days.
2. Stated Income Loans (Great for business owners and self employed ) No tax returns!
3. 100% financing is available (we can cross collateralize other properties if there is enough equity)
4. Valor VA Home Loan 100% financing up to $1.5MM
5. Rental Property Loan – No tax returns or DTI calculation! Based on subject property cash flow – No DSCR Coverage needed!
6. Flipper & Rehab Loans (Flip a property with one of our many options)
7. 2nd Position Loans up to $5mm
8. Raw Land & Lot Loans
9. Ground up Construction for spec homes, custom homes and commercial ground up.
10. Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
11. 5% down Jumbo’s with NO MI up to $2mm / 10% down up to $3mm
12. Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
13. Acreage Properties
14. Commercial Loans up to $500mm
15. 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
16. Foreign Nationals Loans (no social security or residency required)

We also offer:

1. Conventional Conforming Loans (under $510,400)
2. High Balance Conforming (from $510,400-$765,600)
3. Jumbo Loan Financing to $10 Million / Super low rates! / 10% down Jumbo to $3mm
4. FHA, USDA
5. Reverse mortgages up to $1 Million Value
6. Cash Out Refinancing

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