In today’s real estate market, more homebuyers are choosing high-value properties to upgrade their living situations or diversify their assets. However, traditional mortgages are often restricted by a “conforming loan limit.” Once you exceed this limit, a jumbo loan is the solution.

Cheryl’s Team has created a “Jumbo Loan Fast Track” specifically for these clients. With a more flexible approval process, higher loan limits, and fewer requirements, high-net-worth clients can easily begin their journey toward luxury homeownership.

High Loan Limits with a Lower Down Payment

Through this program, you can apply for loans up to $2 million with a minimum down payment of just 10%. With a down payment of 15%-20%, the loan amount can be increased to $3 million. What’s more, there is no mortgage insurance (MI) required, which helps clients save a significant amount each month.

This Jumbo loan program is perfect for clients looking to buy single-family homes, properties in top-rated school districts, or homes in prime locations.

Flexible Credit Scores & Efficient Approval

The minimum credit scores for this product are:

• 740 for a 10% down payment (on loans up to $2M)

• 700 for a 15% down payment (on loans up to $3M)

• 680 for a 20% down payment (on loans up to $3M)

The approval process is fast, making it ideal for clients with tight deadlines. There is no need for complex asset documentation, and some applicants can qualify with a simplified tax return (only 1 year of tax records), which increases the approval rate.

Flexible for Professionals and Entrepreneurs

This program is also very accommodating for tech professionals, entrepreneurs, and overseas talent:

• RSUs (Restricted Stock Units) can be used as a source of income.

• EAD (Employment Authorization Document) holders are eligible to apply.

• Self-employed individuals can verify their income with bank statements or a P&L statement, without needing full tax returns.

This flexible eligibility is a key advantage of our high-value home loan program.

Suitable for Various Property Types

Whether you plan to buy a:

• Primary residence

• Second/vacation home

• Investment property (for rental purposes)

Cheryl’s Team’s Jumbo program offers flexible loan structures to meet your goals. You can also combine it with our 2-1 Buydown program to further lower your initial monthly payments and maximize your capital.

Your Trusted Loan Expert

As a team with years of experience in high-value loans, Cheryl’s Team understands the unique needs of high-value real estate transactions. We don’t just offer a product; we provide a comprehensive service that includes:

• Dedicated loan advisor services

• Fast pre-approval channels

• Chinese-language support

• Coordinated process with your real estate agent

Contact the Cheryl’s Team loan team today to learn about the perfect no-MI loan product for you, and let us help you move into your ideal home efficiently!