JUMBOS ARE HERE, WITH UP TO 89.99%* LTV AND NO M.I. REQUIRED - PRIME JUMBO MAX UP TO 96.5% LTV

PRIME JUMBO (15- OR 30-YEAR FIXED)

·       Loan amounts up to $3M

·       680+ FICO and up to 45% DTI

·       Up to 89.99% LTV and no MI required

·       Eligible on primary, second and investment properties for purchases, rate/term and cash-out refinances

·       One appraisal required for purchases up to $3M and refinances up to $2M*

·       Two appraisals, from two different appraisers, required for refinances over $2M*

·       Loan amounts greater than $2M require 18 months of reserves in addition to any reserves required by AUS

PRIME JUMBO RELEASED (30-YEAR FIXED)

·       Loan amounts up to $3M

·       680+ FICO and up to 45% DTI

·       Up to 89.99% LTV

·       Eligible on primary, second and investment properties for purchases, rate/term and cash-out refinances

·       One appraisal required for loans up to $2M*

·       Two appraisals, from two different appraisers, required for loans over $2M*

·       Loan amounts greater than $2M require 18 months of reserves in addition to any reserves required by AUS

PRIME JUMBO ARMS (5-, 7- AND 10-YEAR)

·       Loan amounts up to $3M

·       680+ FICO and up to 45% DTI

·       Up to 80% LTV

·       Eligible on primary, second and investment properties for purchases, rate/term and cash-out refinances

·       One appraisal required for purchase up to $3M and refinances up to $2M*

·       Two appraisals, from two different appraisers, required for refinances over $2M*

·       Loan amounts greater than $2M require 18 months of reserves in addition to any reserves required by AUS

PRIME JUMBO INTEREST ONLY (30-YEAR FIXED)

·       Loan amounts up to $3M

·       700+ FICO and up to 43% DTI

·       Up to 80% LTV

·       10-year interest only, 20-year amortization period

·       Eligible for primary and second homes for purchases and rate/term refinances

·       One appraisal required for purchases up to $3M and refinances up to $2M*

·       Two appraisals, from two different appraisers, required for refinances over $2M*

·       Loan amounts up to $1M require 12 months of reserves in addition to any reserves required by AUS

·       Loan amounts over $1M require 24 months of reserves in addition to any reserves required by AUS

PRIME JUMBO MAX (30-YEAR FIXED)

·       Loans up to 80% LTV

o    Loan amounts up to $2.5M

o    700+ FICO and up to 43% DTI

o    Eligible for primary and second homes for purchases and rate/term and cash-out refinances

o    One appraisal required for loans up to $2M*

o    Two appraisals, from two different appraisal companies, required for loans over $2M*

o    For primary purchase loans up to $2M – 12 months reserves required

o    For second home loans over $2M – 18 months reserves required

o    For primary cash out loans up to $1M – 12 months reserves required (up to $300,000 cash back)

o    For primary and second home loans over $1M – 18 months reserves required (up to $300,000 cash back)

o    For primary cash out loans between $1.501-$2M – 12 months reserves required (up to $500,000 cash back)

o    For second home cash out loans between $1.501-$2M – 18 months reserves required (up to $500,000 cash back)

·       Loans with an LTV between 80.01-96.5%

o    Loan amounts up to $1.5M

o    720+ FICO and up to 40% DTI

o    Eligible for primary purchases and rate/term refinances

o    One appraisal required for loans up to $1M*

o    Two appraisals, from two different appraisers, required for loans over $1M*

o    For primary purchase loans up to $1.5M – 24 months reserves required

*Information is subject to change. Certain restrictions apply. Subject to Borrowers qualifications.