Best Low Rate California Jumbo Home Loans are funding at Valor Lending Group. Are you ready to purchase your forever home? You want to pull out equity of your primary to buy an investment property? Adam Lawrence can help with all of the above! Then we have options for you. Valor Lending Group features the top rated 1–4 unit Cailfornia Jumbo Loans available.
What is a Best Low Rate California Jumbo Home Loans?
A jumbo loan is any mortgage for an amount greater than the conforming loan limit that applies to your specific county. For most of the country in 2021, the limit is $548,250. In pricier counties, the limit is $822,375. Please check local county limits here.
Can I qualify for a Best Low Rate California Jumbo Home Loans?
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. You can also qualify for an investment property using our DSCR programs.
Why Use a Jumbo Loan?
Traditional mortgage lenders require tax returns, W-2s, and paycheck stubs in order to determine monthly income. For salaried and hourly borrowers, the lenders look at gross income for qualifying purposes. But for self-employed borrowers, traditional mortgage lenders look at net income, the adjusted gross income showing on tax returns. The qualifying income is viewed in conjunction with all debts, and a debt-to-income (“DTI”) ratio is calculated. Traditional mortgage lenders would be required to have a DTI of no more that 35%, however, at Valor Lending Group our funding sources typically allow up to 50% DTI and a lower credit score and down payment requirement.
Best 1-4 Unit California Jumbo Loans Highlights
- Up to 95% LTV
- Up to 80% LTV with NO MI
- 1 to 4 units
- Max Loan Up to $30MM!! (Most lenders cap at $2M-$3M)
- Flexible Guidelines
- 15, 20, 25 & 30 Year Fixed Interest Rates
- 3, 5, 7, & 10 year ARM’s.
- Flexible Guidelines
- Non-Occupant Co-Borrower + Gift Funds
- Valor boasts 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!
Other Valor Lending Loan Products:
- Hard Money Loans (20% down / minimal documentation) Typically Fund in 7-10 days.
- Stated Income Loans (Great for business owners and self employed ) No tax returns!
- 100% financing is available (we can cross collateralize other properties if there is enough equity)
- Valor VA Home Loan 100% financing up to $1.5MM
- Rental Property Loan – No tax returns or DTI calculation! Based on subject property cash flow – No DSCR Coverage needed!
- Flipper & Rehab Loans (Flip a property with one of our many options)
- 2nd Position Loans up to $5mm
- Raw Land & Lot Loans
- Ground up Construction for spec homes, custom homes and commercial ground up.
- Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
- 5% down Jumbo’s with NO MI up to $2mm / 10% down up to $3mm
- Acreage Properties
- Commercial Loans up to $500mm
- 3% & 5% down Conventional Loans– LPMI (Lender paid mortgage insurance)
- Foreign Nationals Loans (no social security or residency required)
- Conventional Conforming Loans (under $510,400)
- High Balance Conforming (from $510,400-$765,600)
- Jumbo Loan Financing to $10 Million / Super low rates! / 10% down Jumbo to $3mm
- FHA, USDA
- Reverse mortgages up to $1 Million Value
- Cash Out Refinancing
Check out more of what we offer. Check out Valor’s Mortgage News to learn more!
