The Alt-A Jumbo Mortgage from eLucid offers flexible terms for borrowers who wish to purchase a high-end home as their primary residence or as investment properties, but have less-than-perfect credit, limited credit history, or minimal down payment. An Alt-A Jumbo Mortgage combines reduced FICO score requirement (as low as 620) with lower reserve and trade line requirements for loans from $100K to $850K. With an Alt-A Jumbo Mortgage there’s no reason not to buy your dream home.
Relaxed qualifications for purchasing your high-end dream home.Alt-A Jumbo Mortgage
Features & Benefits
• Loan amount up to $2,500,000
• 75% combined loan to value
• 620 minimum FICO score
• Unlimited cash out
• Interest-only available
• 12-month bank statements
Calculate monthly payment and amortization.
Programs available to qualified borrowers only. Some Restrictions may apply. Programs subject to change without notice. Contact eLucid for more information.
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Applying for a mortgage to purchase or refinance a home is simple with eLucid.
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