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PRIME Jumbo Program | Boxwood Mortgage

PRIME Jumbo offers:

Minimum Credit Scores 680 for Primary and 720 for investment

With this program you’ll have the edge with competitive rates, simplified guidelines, and fast closings on 30-year fixed.       I removed his.. the ability to run DU for approved eligibility

PRIME Jumbo Program

With this program you’ll have the edge with competitive rates, simplified guidelines, and fast closings on 30-year fixed.       I removed his.. the ability to run DU for approved eligibility

Loan Parameters:

  • Minimum Credit Scores 680 for Primary and 720 for investment
  • Loan amounts up to $2 Million
  • Primary, Secondary Residences and Investment
  • Down payment 10% for primary owner, 20% for second home and 25% for Investor (**for refinance; 90/80/75% loan to value)
  • No Mortgage Insurance required
  • Available for Purchases and Rate/term Refinance.
  • No extra reserves required
  • Single Family Residence, Town home or Warrantable Condo acceptable
  • S. Citizen, Permanent Resident alien or qualified alien with work visa
  • 15 or 30 year terms with fixed rates. Also 5, 7 or 10-year adjustable rate mortgages
  • Only one appraisal required for loans up to $2M
  • Debt to income ratios up to 45%
  • No prepayment penalties
  • Seller Contributions up to 3% of the loan amount