Skip to content

Exceed Expectations by Providing Custom Solutions for Unique Situations

Our wholesale mortgage team buys and originates complex loans through relationships with premier mortgage bankers, correspondent lenders, and independent brokers. Our Portfolio 5/1 ARM, Jumbo Construction and Renovation Mortgages, as well as our Jumbo Home Equity Lines of Credit allow you to provide tailored solutions to your clients.

Portfolio 5/1 Adjustable Rate Mortgage

Key Features

  • No maximum cash-out amount on refinance
  • Non-traditional income sources and calculations considered
  • Escrow holdback permitted
  • No maximum on number of financed properties
  • Owner-occupied residences; 2nd homes considered on an exception basis
  • Vesting in an LLC allowed
  • Minimum FICO 680

Maximum LTVs for Purchase, Rate/Term, or Cash-out Refinances

  • 80% to $1,250,000
  • 75% to $2,000,000
  • 70% to $2,500,000
  • 65% to $3,000,000

Jumbo Construction & Renovation Mortgages

Key Features

  • One-time close
  • Fully funded at closing
  • 30-year term (including up to 18-month construction period)
  • 5/1 ARM
  • Non-traditional income sources and calculations considered
  • Vesting in an LLC allowed
  • Owner-occupied residences; second homes considered on an exception basis
  • Ground-up construction allowed for borrowers that are in title to the property
  • Minimum FICO 700

Maximum Program LTVs, Based on “Subject to Completion” Appraised Value

  • 80% to $1,250,000
  • 75% to $2,000,000
  • 70% to $2,500,000
  • 65% to $3,000,000

Jumbo Home Equity Line of Credit (HELOC)

Key Features

  • Credit lines up to $3,000,000
  • Non-traditional income sources and calculations considered
  • 10-year draw period followed by 15-year repayment term (25 years total)
  • Owner-occupied residences; 2nd homes considered on an exception basis
  • 1st or 2nd lien position
  • Vesting in an LLC allowed
  • Minimum credit score 680 

Available for New Line Access or Refinance of Existing Lines

  • 80% of appraised home value for loan amounts up to $1,250,000
  • 75% of appraised home value for loan amounts up to $2,000,000
  • 70% of appraised home value for loan amounts up to $2,500,000
  • 65% of appraised home value for loan amounts up to $3,000,000 and above