Luxury Home Loan Financing

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Loan amounts for luxury homes can range from the mid $500,000 to $25,000,000 dollars or more. The higher the loan amount, the lesser the pool of available lending institutions.

Luxury Home Loans usually have a maximum Loan-to-Value you can borrow.

Super Jumbo mortgages are generally classified as mortgages larger than $650,000. While banks and most conventional lenders struggle to offer competitive super jumbo mortgages for high net worth home owners and luxury home buyers, a financing advisor specializing in super jumbo mortgages can arrange financing for properties ranging from $1 Million to $20 Million or more. For more information about super jumbo mortgage refinancing or obtaining a multi million dollar mortgage to purchase a luxury home, please contact an advisor at (800)515-8443 or via email PrivateClient@RefinanceOne.net .

Jumbo ARMs are usually the most attractive option for Luxury Home Buyers. Most well to do buyers like to use leverage and keep their money working in the market rather than paying down the principal of their home.

Usually you can expect to pay a higher interest rate on a high end home or a luxury home. As you are borrowing more money the risk becomes greater to the lender that is lending the money. If you were to borrow 15 million dollars to buy a home worth 20 million there is still a lot of risk involved to the lender even though you have put a 5 million dollar down payment down. As the loan and homes get more expensive, the percentage of consumers that can afford a home that expensive decreases substantially which could make it harder for a lender to resell in the event a default on the loan.

Luxury home loans facilitate the high-end purchase of expensive homes, vacation homes, investment property. They are quite attractive for primary occupants or investors who want to leverage their assets.

Lower interest rates in recent years have made luxury homes an attractive investment. Strong appreciation has encouraged borrowers to take on larger loan sizes.

For the year 2006, the conventional loan limit for one-unit properties is $417,000. Any single loan larger than that amount is considered a jumbo loan, and will have a higher interest rate.

Typically luxury home mortgages are a bit more conservative on the loan to value. Be prepared to need a downpayment of 20-30% of the homes value when purchasing a luxury home with a super jumbo mortgage.

When applying for a super jumbo loan, most lenders like to see liquid assets available after closing. These assets can be stocks, 401k's, IRA's, or any financial account that has a cash value. Most lenders like to see at a minimum 6 months, and as much as 36 months of mortgage payments including Principal, Interest, Taxes and Insurances in reserves.

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Interest Only & Pay Option from $650K to $40 Million

Feeling Like a Square Peg in a Round Hole? Super Jumbo mortgage lending is a highly specialized field, requiring a level of expertise gained only through the experience of handling a large number of multi-million dollar transactions.  If you're tired of lenders trying to "fit" your unique financial needs into their conventional lending comfort zone, consider becoming a Private Client of R1.

Get More Information from the Super Jumbo Experts. Call (800)290-4770 or Fax (800)517-7095

Where is Your Home?	Start Here Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington, DC Washington State West Virginia Wisconsin Wyoming		How Much is it Worth?	Below $650,000.00 $650,000.00 $700,000.00 $750,000.00 $800,000.00 $850,000.00 $900,000.00 $950,000.00 It's OK to Estimate $1.00 Million $1.10 Million $1.20 Million $1.30 Million $1.40 Million $1.50 Million $1.60 Million $1.70 Million $1.80 Million $1.90 Million $2.00 Million $2.25 Million $2.50 Million $2.75 Million $3.00 Million $3.50 Million $4.00 Million $4.50 Million $5.00 Million $6.00 Million $7.00 Million $8.00 Million $9.00 Million $10.00 Million $12.50 Million $15.00 Million $17.50 Million $20.00 Million $25.00 Million $30.00 Million $35.00 Million $40.00 Million or More
How Can We Help You?	Take Cash Out Improve Cash Flow Fix Interest Rate Consolidate Debt Purchase a Home Construction Loan Non-USA National		Desired Loan Amount	Below $650,000.00 $650,000.00 $700,000.00 $750,000.00 $800,000.00 $850,000.00 $900,000.00 $950,000.00 It's OK to Estimate $1.00 Million $1.10 Million $1.20 Million $1.30 Million $1.40 Million $1.50 Million $1.60 Million $1.70 Million $1.80 Million $1.90 Million $2.00 Million $2.25 Million $2.50 Million $2.75 Million $3.00 Million $3.50 Million $4.00 Million $4.50 Million $5.00 Million $6.00 Million $7.00 Million $8.00 Million $9.00 Million $10.00 Million $12.50 Million $15.00 Million $17.50 Million $20.00 Million $25.00 Million $30.00 Million $35.00 Million $40.00 Million or More
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Interest Only & Pay Option from $650K to $40 Million

Feeling Like a Square Peg in a Round Hole? Super Jumbo mortgage lending is a highly specialized field, requiring a level of expertise gained only through the experience of handling a large number of multi-million dollar transactions.  If you're tired of lenders trying to "fit" your unique financial needs into their conventional lending comfort zone, consider becoming a Private Client of R1.

Get More Information from the Super Jumbo Experts. Call (800)290-4770 or Fax (800)517-7095

Where is Your Home?	Start Here Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington, DC Washington State West Virginia Wisconsin Wyoming		How Much is it Worth?	Below $650,000.00 $650,000.00 $700,000.00 $750,000.00 $800,000.00 $850,000.00 $900,000.00 $950,000.00 It's OK to Estimate $1.00 Million $1.10 Million $1.20 Million $1.30 Million $1.40 Million $1.50 Million $1.60 Million $1.70 Million $1.80 Million $1.90 Million $2.00 Million $2.25 Million $2.50 Million $2.75 Million $3.00 Million $3.50 Million $4.00 Million $4.50 Million $5.00 Million $6.00 Million $7.00 Million $8.00 Million $9.00 Million $10.00 Million $12.50 Million $15.00 Million $17.50 Million $20.00 Million $25.00 Million $30.00 Million $35.00 Million $40.00 Million or More
How Can We Help You?	Take Cash Out Improve Cash Flow Fix Interest Rate Consolidate Debt Purchase a Home Construction Loan Non-USA National		Desired Loan Amount	Below $650,000.00 $650,000.00 $700,000.00 $750,000.00 $800,000.00 $850,000.00 $900,000.00 $950,000.00 It's OK to Estimate $1.00 Million $1.10 Million $1.20 Million $1.30 Million $1.40 Million $1.50 Million $1.60 Million $1.70 Million $1.80 Million $1.90 Million $2.00 Million $2.25 Million $2.50 Million $2.75 Million $3.00 Million $3.50 Million $4.00 Million $4.50 Million $5.00 Million $6.00 Million $7.00 Million $8.00 Million $9.00 Million $10.00 Million $12.50 Million $15.00 Million $17.50 Million $20.00 Million $25.00 Million $30.00 Million $35.00 Million $40.00 Million or More
Your Last Name			Your Phone Number	--
I have read & agree to the site's terms & conditions

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