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Super Jumbo
| For High Decision Credit Score Customers |
High Decision Credit Scores (DCS) deserves a great loan. Indymac understands
that your relationships with your high credit customers are very important and you need loan solutions
that show you understand their unique financial needs.
We've created a Jumbo program featuring high LTVs, larger loan sizes and better pricing for
your "A" quality borrowers. The higher the credit score, the better the pricing.
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| Available Products: |
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5/1, 7/1, 10/1 LIBOR ARMs1 |
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15- and 30-year Fixed |
Features: |
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Loans to $2,000,000 |
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Minimum DCS 680 |
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DTIs to 40% |
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Maximum cash out to $300,000 |
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Purchase and Rate & Term Refinance up to 90%2 |
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Cash Out for LTVs up to 80% |
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Primary Residence and Second Homes2 |
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SFR, PUD, Low/High Rise Condos, Co-ops and 2-unit property types |
Documentation Types: |
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Full Documentation |
Asset & Reserves: |
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Assets must be sourced and seasoned 60 days |
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6 month minimum PITI Reserves
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 submit your loans to e-MITS now! |
Get pre-qual and instant pricing online via QuickPricer®*.
Rapid decisions and ratelock are available online with e-MITS®*. |
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| 1 |
Ensure your applicants understand that with ARM loans, their payments and interest rates may increase significantly over time. |
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Cash out refinance not permitted for Second Homes. |
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| Guidelines are only for reference. Refer to the Indymac Bank Lending Guide for detailed information on products, programs, procedures, representations and warranties. |
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| *Rates, fees and programs are subject to change without notice. |
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| Rate sheets do not represent program guidelines. Please refer to the Indymac Bank Lending Guide for specific parameters. |
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Get Approved! |
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Become an Indymac Bank approved seller. |
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