Jumbo Loans for Luxury Homes in Florida | Valor Lending Group
Are you interested in discovering the Best Jumbo Loans for Luxury Homes in Florida?
Whether you’re a real estate investor, self-employed, or qualify with full documentation, we have a variety of loan options tailored to meet all your needs.
Valor Lending Group offers jumbo loan financing for primary residences, second homes, and investment properties.
A Jumbo Loan is a conventional home loan that exceeds the conforming lending limits set by Freddie Mac and Fannie Mae.
Explore the details below to understand what Jumbo Loans for Luxury Homes in Florida entail and how you can qualify for this premium financing option.
Discover the Best Jumbo Loans for Luxury Homes in Florida
Are you searching for the Best Jumbo Loans for Luxury Homes in Florida? Look no further! Valor Lending Group has the Arizona, California, and Florida jumbo mortgage loan programs you need. Email me today to learn more!
What is a Jumbo Loan?
A Jumbo Loan is a mortgage that exceeds the conforming and high-balance conforming loan limits set by Fannie Mae and Freddie Mac. (Check your county limits here: Arizona, California, Florida)
At Valor Lending Group, we offer various full-document financing solutions for purchasing, refinancing, and cash-out Jumbo Loans, ensuring you can secure and maintain the luxury property of your dreams.
Why Use Jumbo Loans?
To determine monthly income, traditional mortgage lenders require tax returns, W-2s, and paycheck stubs. While salaried and hourly borrowers qualify based on gross income, self-employed borrowers’ net income, as shown on tax returns, is considered. Traditional lenders require a debt-to-income (DTI) ratio of no more than 35%. However, at Valor Lending Group, our funding sources typically allow up to 50% DTI, along with lower credit scores and down payment requirements, offering you the best jumbo loans in Florida.
How Do You Qualify for a Jumbo Loan?
You qualify for a Jumbo Loan with full documentation, including 2 years of tax returns, W-2s, and recent pay stubs.
New Jumbo Mortgage Loan Highlights:
- 90% Max LTV | As Low as 10% Down!
- 40-year fixed term with IO
- Max Loan Up to $30MM (Most lenders cap at $2MM-$3MM)
- Flexible Guidelines
- 15, 20, 25 & 30 Year Fixed Interest Rates
- Non-occupant co-borrower + Gift Funds
- Interest-Only with 680+ FICO
- 90% LTV cash-out (Up to $1.5MM)
- 2-year seasoning – short sales + bankruptcy
- 3-years seasoning – foreclosure
- As low as 600 FICO
- DTI Allowed up to 50%
Who Is a Jumbo Loan Right For?
At Valor Lending Group, we offer the best jumbo loans in Florida, perfect for high-income and strong asset borrowers looking to buy or refinance a luxury home in high-end markets. We also provide full documentation of low-rate loans, stated income loans, and private money loans.
Advantages and Disadvantages of Jumbo Loans
Pros of Jumbo Loans:
- Higher Loan Amounts
- Luxury Home Purchase (better schools, lower crime rates, larger homes)
- No Mortgage Insurance (for some lenders)
Cons of Jumbo Loans:
- Higher Interest Rates
- Lower Leverage
- Lower debt-to-income ratio, typically at 50% DTI
- Higher reserve requirements
- More stringent underwriting guidelines
The Bottom Line
Jumbo loans offer borrowers the chance to acquire high-value, larger homes in the most desirable communities. Partner with Valor Lending Group, the specialists in providing the best jumbo loans in Florida. We are licensed in Arizona, California, and Florida and look forward to working with you!
Additional Services:
- Bank Statement Loans
- Private Money Loans
- FHA Loans
Contact me today to get started on the search for the Best Jumbo Loans for Luxury Homes in Florida to make your dreams a reality!
Recently Funded | Valor Lending Group
$1,044,550 Loan amount | Private Money Bridge Loan | Purchase | 65% LTV | Murrieta, CA
$1,900,000 Loan amount | Full Doc Jumbo Loan | Cash Out Refi | 31% LTV | Mirage, CA
$1,430,000 Loan amount | 24 Month Bank Statement Loan | Purchase | 65% LTV | Phoenix, AZ
$2,625,000 Loan amount | Ground up Construction Loan | Purchase | 65% LTV | Malibu, CA
$1,905,000 Loan amount | Fix and Flip Loan | Purchase | 90/100 LTV | Palos Verde, CA
$2,645,000 Loan amount | Ground up Spec Construction Loan | Purchase | 65% LTV | Palm Springs, CA
$712,500 Loan amount | DSCR Loan | Cash Out Refi | 75%LTV | 70% LTV
$4,013,750 Loan amount | Full Doc Jumbo Loan | Rate& Term Refi | 75% LTV | Newport Beach, CA
$592,500 Loan amount | DSCR Loan | Purchase | 75% LTV| Seattle, WA
$1,950,000 Loan amount | Private Money Bridge Loan | Cash Out Refi | 70% LTV | Berkeley, CA
$3,100,000 Loan amount | 12 Month Bank Statement Loan | Purchase | 43% LTV | Coronado, CA
$1,790,000 Loan amount | Private Money Bridge Loan | Cash Out Refi | Berkeley, CA
$1,008,000 Loan amount | Full Doc Jumbo Loan | Purchase| 80% LTV | Anaheim, CA
$1,740,000 Loan amount | Private Money 2nd Position Bridge Loan | Cash Out Refi |61% CLTV | Berkeley, CA
$4,775,000 Loan amount | Private Money Bridge Loan | Cash Out Refi | 62% LTV
$505,000 Loan amount | Full Doc FNMA Loan | Purchase | 85% LTV! | Ventura, CA
$2,100,000 Loan amount | Private Money Bridge Loan | Cash Out Refi | 51% LTV | S. Carolina
And many more.
We do them all, so give me a call!
Recap of Our Loan Products:
- Private Money Loans (20% down / minimal documentation) Typically, funds 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 $2.5MM
- Investor Cash Flow Loan – No tax returns or DTI calculation! Based on the subject property’s cash flow
- 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)
- 10% down Jumbo’s up to $1.5MM
- Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
- 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)
We Also Offer:
- 10, 15, 20, 25, 30 years Fixed, Conventional Conforming Loans
- High Balance Conforming aka Super Conforming
- Jumbo’s to $10 MM / 10% down Jumbo to $1.5MM
- FHA, USDA
- ARM’s
- Reverse mortgages up to $1MM Value
- Refinance including Cash Out
**Rates and terms are subject to change without notice
