Florence AL Jumbo Loans
Prime Mortgage Lending, Inc. is pleased to offer jumbo mortgage financing solutions to home buyers and homeowners in the State of Alabama. If you are looking for a mortgage with a loan amount exceeding today’s conforming loan limit (currently $453,100 for single family homes), you may need to consider a jumbo loan.
We offer jumbo mortgages for loan amounts up to $3,00,000 and we finance most types of residential properties. Occupancy may be held as one’s primary residence, second/vacation home, or as an investment property.
Call Us today at (256) 690-5132 for a free jumbo mortgage rate quote and home loan consultation.
Jumbo Mortgage Highlights
- Minimum loan amounts greater than $453,100
- Maximum loan amount $3,000,000
- Maximum LTV 85% primary residence, 80% primary residence, 80% second home
- Minimum 680 FICO credit score
- DTI 35%/43%
- 3% seller paid closing cost, 2% for investment property
- Serving the entire State of Alabama