As a premier provider of million dollar home loans, Axos Bank is expert at accommodating large loan amounts and creating custom mortgage solutions:
- Bank Statement Loans
- Loan amounts up to $25 million or more
- Underwriting Flexibility
- Portfolio Loan Options
- Extensive range of mortgage programs and options
- Interest-only options available
- Unique properties considered
- 90% financing on purchase loans
- Highly competitive non-resident alien programs
What Are Jumbo and Super Jumbo Loans?
Jumbo and Super Jumbo Loans offer the flexibility of borrowing with less restrictions. They can be used to finance primary residences, second or vacation homes, and investment properties. A Jumbo Loan may also be the right option when refinancing an existing home loan or consolidating multiple mortgages into a single loan.
A mortgage is generally considered a Jumbo Loan when it exceeds the conforming loan limit, $510,400 in most U.S countries, set by Fannie Mae and Freddie Mac. Super Jumbo Loans usually include mortgage amounts over $1 million.