Jumbo financing is available in Arizona.  In order to qualify, you will have to meet the factors in the ACID® test, which I blogged about here:  /qualifying-acronym/

Gone are the days of stated income and no income verification. Today, if you want a jumbo loan, you will have to provide full documentation and demonstrate an income.  Even if you can pay for the home in cash, if you want a loan, you must still have verifiable income.  For self-employed individuals, that means providing your last two years tax returns.  If you are salaried, providing your paystubs and W-2.  If you can qualify, there are very good rates and programs.

A jumbo loan in Arizona is a loan amount of more than $484,350.  The programs and rates for these products vary depending on the down payment and your credit score.  Jumbo loans today can be made for as little as 5% down.  Contact us for details.  A variety of products are available, including 30-year, 20-year, and 15-year fixed rate loans, as well as adjustable rate mortgages, including 5/1, and 7/1 ARMS.

Rates and programs can change daily, so visit our website to stay current.  If you have any questions, or specific scenarios, please contact us and we will help you.

We offer a variety product services, ask us how we can assist you today:
Counsel Mortgage Group®, LLC
NMLS #178927
AZ MB #0909580
CA DBO #60DBO43873

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