Jumbo Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. This limit is typically $424,100 for most the country.

Jumbo Loans are typically used to buy more expensive homes and high-end custom construction homes. Typically Jumbo Loans require a higher down payment than traditional loans, however we at Coast2Coast are jumbo loan specialists.

Our specialty is 5 percent down jumbo loans on purchase prices up to one million dollars.

Our jumbo loan programs have very similar underwriting guidelines to a regular conventional mortgage loan. Our loan originators are very familiar with these programs and the differences in the programs. We can help you pick the right jumbo mortgage to fit your needs.

1. Jumbo loans to 95% financing with No mortgage insurance on primary residences.
2. Cash out or rate and term refinance to 95% CLTV with no mortgage insurance.
3. Single loan to 95% financing or 2 loan piggy back loans to 95% CLTV.
4. Piggyback loan has the option of 2 fixed rate loans or a fixed rate loan and a HELOC second mortgage.
5. Second home or Vacation homes to 90% financing on loan amounts up to $1,500,000.
6. 5% down jumbo mortgage loans start with credit scores as low as 680.
7. If you have credit scores below 680 please contact us through our quick contact form as we may be able to help you with alternative options.
8. Some programs require reserves, from zero reserves on loans under $774,100 to as many as 12 months reserves.
9. Only owner occupied homes qualify for 5% down loans.
10. Fixed rate and ARM loans are available.
    Debt ratios as high as 45% allowed

Want to learn more? Please call us at 954-657-1882 or by email [email protected]. You may also submit the Quick Contact form on the top right side to have a loan officer contact you today. GCM Mortgage LLC is a license Mortgage Brokerage Firm in the State of Florida.