As a premier provider of million dollar home loans, Axos Bank is expert at accommodating large loan amounts and creating custom mortgage solutions:
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, $453,100 in most U.S countries, set by Fannie Mae and Freddie Mac. Super Jumbo Loans usually include mortgage amounts over $1 million.
To capitalize on current market conditions, a mortgage banker can focus on six key areas to maximize purchase opportunities.
Going from renting to owning a home may be a leap, but your timing doesn’t need to be perfect.
Fraud takes many forms in mortgage lending and the newest one involves diverting funds from real estate transactions.