Jumbo Loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac. Kara Davis of Crew Lending specializes in unique scenarios for Jumbo Loans. Her common sense approach and flexible loan options help to provide you with a simple streamlined home buying experience.
What Jumbo Loan Programs are Available?
-Non-Conforming Loans for the Self-Employed borrower
For entrepreneurs and business owners, Kara Davis can use 12 months of bank statements or tax returns to get a more comprehensive understanding of the borrowers’ complex cash-flow challenges.
Alternative Documentation for Asset Income
Income requirements for Conventional Jumbo Loan products don’t account for the needs of many highly qualified borrowers. Individuals with significant assets often have complex cash-flow scenarios that can lead to unique financing problems.
Use Assets as Income
High net-worth clients with significant liquid assets may use alternative documentation to qualify for a Jumbo Loan. The assets calculated income can be used alone, or with additional sources of verified household income.
A Mortgage Lender you can Trust
Call Kara Davis of Crew Lending at 337-842-0115 for more information on Jumbo Loans. She offers a choie of fixed or adjustable rate Jumbo Loans up to $1.5 million. There are debt-to-income ratio limits and reserve requirements.