Key Benefits
- Loan amounts
above conventional limits
($806,500+ in most areas)
- No PMI required with sufficient equity (LTV below 80%)
- Perfect for
luxury/premium real estate
market
- Flexible loan structures for unique properties
- Access larger amounts of cash for big goals
Requirements
- Credit score: Typically 700+
- Maximum LTV: Usually 75-80% depending on loan amount
- Lower debt-to-income
ratios (typically 43% or less)
- Larger cash reserves
required (6-12 months)
- Comprehensive
income documentation
- Property must meet specific
appraisal standards
