Gateway Funding has recently entered some new correspondent lending relationships for Jumbo Loans. These loan products have very competitive rates for loans up to $1,500,000.00. Additional terms apply to loans over 1.5 million. There are loan terms ranging from traditional fixed rates, 5/1, 7/1, and 10/1 ARM's as well as interest-only options.
There are also no-income verification programs available, with an add-on of 1/4% to the base rate.
An example of the current rates are a 10/1 Jumbo ARM at 5.75% with no points.(5.81 APR)
Despite the relative non-liquidity of the current markets, there are still great programs available!
Michael Byrne
Gateway Funding
mbyrne@gfhomeloans.com
800-999-2489 x7972
Not a commitment to lend, subject to qualification.
Equal Housing Lender