As a mortgage broker, BMC Keystone Home Mortgage has access to this unique portfolio bank loan that hit the market in the second half of 2018. This is a great mortgage loan for the high end buyer / borrower in Pennsylvania. This particular jumbo loan program is designed for the high-end borrower, with loan amounts of up to $1 million, and can be used for either a primary or secondary home. This loan is perfect for buyers purchasing a second home or vacation home, or buyers who are buying a new home before selling their current home.
What is a Jumbo Loan with 100% Financing?
- No down payment required
- Eligible for a primary or secondary home
- Up to 100% financing available for primary home
- Up to 90% financing for secondary home
- No PMI
- No add-on to the rate
- A true 80/20