Jumbo Products

"A Jumbo Loan is a type of mortgage loan that is not backed by the government and exceeds the conforming loan limits set by the Federal Housing Finance Agency (FHFA). These loans are often used to finance more expensive properties or for borrowers in high-cost areas. There are several types of Jumbo Loans available, each with different loan limits and cash reserve requirements:

Classic Jumbo: Loan amounts up to $3 million, with cash reserves of 6-30 months. Available for 1-4 unit properties.
Elite Jumbo: Loan amounts up to $2 million, with cash reserves of 6-30 months. Available for 1-2 unit properties.
Flex Jumbo: Loan amounts up to $5 million, with cash reserves of 9-36 months. Available for 1-4 unit properties.
Premier Jumbo: Loan amounts up to $2.5 million, with cash reserves of 6-24 months (QM) or 12-48 months (Non QM). Available for 1-2 unit primary residences and 1-4 unit investment properties.
Expanded Jumbo: Loan amounts up to $2 million, with cash reserves of 6-18 months (QM) or 6-24 months (Non QM). Available for 1-4 unit properties."

GET MORE INFORMATION

First Name
Last Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of W and Partners, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

CMG Mortgage, Inc. dba CMG Home Loans dba CMG Financial, NMLS# 1820, is an equal housing lender. Licensed by the Department of Financial Protection and Innovation (DFPI) under the California Residential Mortgage Lending Act No. 4150025. AZ license #1037311. Oregon Division of Financial Regulation #ML-3000. Registered Mortgage Banker with the Texas Department of Savings and Mortgage Lending. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and www.nmlsconsumeraccess.org.


V.I.P. Mortgage, Inc. is an Equal Housing Lender. V.I.P. Is not affiliated with any government agencies. This is not an offer to enter into an agreement. Information, rates, and programs are subject to change without prior notice. All products are subject to credit approval. Other restrictions and limitations may apply.