SlideShare a Scribd company logo
1 of 2
Download to read offline
MEETING YOUR CLIENTS’
SPECIFIC NEEDS
Our jumbo mortgage products offer competitive pricing for larger loans, giving
your clients an advantage as they search for a home.
In addition to no mortgage insurance, these products offer eligible customers:
• Financing up to 85% of their home’s value on a primary residence1
• Loan amounts up to $3 million; customers with significant deposit
and investment assets may be eligible for loans more than $3 million
• Second home financing up to 80% of the home’s value
• Investment property financing up to 75% of the property’s value and
loan amounts up to $1 million
• Fixed-rate, adjustable-rate and interest-only loans
Your clients may be eligible for more mortgage savings and benefits through
Chase Private Client, a suite of banking and investment products. These
benefits include reduced mortgage closing costs and dedicated processing
and underwriting teams.
Call me today to learn more!
JUMBO MORTGAGE PRODUCTS
1
Loans up to 85% of a primary home’s value are available on a purchase or refinance with no cash back. Subject to property type, a minimum credit score of 680 and a minimum of 18 months of
reserves (i.e., you must have at least enough money in reserve in your bank account to make 18 monthly mortgage payments (principal, interest, taxes and insurance) after your loan closes) for loan
amounts up to $1 million.
For the Adjustable-Rate Mortgage (ARM) product, interest is fixed for a set period of time, and adjusts periodically thereafter. At the end of the fixed-rate period, the interest and payments may
increase. The APR may increase after the loan consummation.
Interest-Only Mortgage: Depending upon the customer’s credit profile, interest-only loans are available and provide for the payment of interest only for a set period of time, and payments of
principal and interest thereafter for the remainder of the loan term. While making interest-only payments, principal is not reduced. At the end of this period, the monthly payment will increase,
possibly substantially, because the customer will be required to pay down the outstanding principal plus any remaining interest. The customer should always consider paying more than the
minimum payment to pay down the principal.
Deposit products and services are offered by JPMorgan Chase Bank, N.A. Member FDIC. “Chase Private Client” is the marketing name for a business within JPMorgan Chase & Co. and its
subsidiaries. Bank products and services are offered by JPMorgan Chase Bank, N.A., and its affiliates. Securities and investment advisory services are offered through J.P. Morgan Securities
LLC (JPMS). JPMS, member FINRA and SIPC, is an affiliate of JPMorgan Chase Bank, N.A.
Investment products: Not FDIC insured • No bank guarantee • May lose value
For real estate and lending professionals only and not for distribution to consumers. This document is not an advertisement for consumer credit as defined in 12 CFR 1026.2(a)(2).
All home lending products are subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states or for
all amounts. Other restrictions and limitations apply.
Home lending products offered by JPMorgan Chase Bank, N.A.
©2015 JPMorgan Chase & Co. 78292D-1015

More Related Content

What's hot

Financial instrument
Financial instrumentFinancial instrument
Financial instrumentsekaran01
 
Interest Only Mortgages You Must Know
Interest Only Mortgages You Must KnowInterest Only Mortgages You Must Know
Interest Only Mortgages You Must Knowwindiee Green
 
Home Possible Advantage by Freddie Mac
Home Possible Advantage by Freddie Mac Home Possible Advantage by Freddie Mac
Home Possible Advantage by Freddie Mac Jenny Montoya
 
The Bailey Group: Slide Show Presentation
The Bailey Group: Slide Show PresentationThe Bailey Group: Slide Show Presentation
The Bailey Group: Slide Show Presentationrasilvera
 
Debt fund primer (securities)
Debt fund primer (securities)Debt fund primer (securities)
Debt fund primer (securities)Rupeeiq Online
 
Chapter 12_The Mortgage Markets
Chapter 12_The Mortgage MarketsChapter 12_The Mortgage Markets
Chapter 12_The Mortgage MarketsRusman Mukhlis
 
Life Insurance Play Fpi Brendan 9 2 11
Life Insurance Play Fpi Brendan 9 2 11Life Insurance Play Fpi Brendan 9 2 11
Life Insurance Play Fpi Brendan 9 2 11Bantams24
 
Bond valuation
Bond valuationBond valuation
Bond valuationArdha
 
Financial planning integration chm 6.14
Financial planning integration   chm 6.14Financial planning integration   chm 6.14
Financial planning integration chm 6.14CreativeHM
 

What's hot (18)

Financial instrument
Financial instrumentFinancial instrument
Financial instrument
 
People Involved in the Mortgage Process
People Involved in the Mortgage ProcessPeople Involved in the Mortgage Process
People Involved in the Mortgage Process
 
Interest Only Mortgages You Must Know
Interest Only Mortgages You Must KnowInterest Only Mortgages You Must Know
Interest Only Mortgages You Must Know
 
Let’s talk about the flexible mortgage!
Let’s talk about the flexible mortgage!Let’s talk about the flexible mortgage!
Let’s talk about the flexible mortgage!
 
Home Possible Advantage by Freddie Mac
Home Possible Advantage by Freddie Mac Home Possible Advantage by Freddie Mac
Home Possible Advantage by Freddie Mac
 
The Bailey Group: Slide Show Presentation
The Bailey Group: Slide Show PresentationThe Bailey Group: Slide Show Presentation
The Bailey Group: Slide Show Presentation
 
TextbrokerLoanArticle
TextbrokerLoanArticleTextbrokerLoanArticle
TextbrokerLoanArticle
 
Debt fund primer (securities)
Debt fund primer (securities)Debt fund primer (securities)
Debt fund primer (securities)
 
Bond valuation
Bond valuationBond valuation
Bond valuation
 
Cost of credit
Cost of creditCost of credit
Cost of credit
 
Chapter 12_The Mortgage Markets
Chapter 12_The Mortgage MarketsChapter 12_The Mortgage Markets
Chapter 12_The Mortgage Markets
 
Funding solution
Funding solutionFunding solution
Funding solution
 
Bond Valuation
Bond ValuationBond Valuation
Bond Valuation
 
Life Insurance Play Fpi Brendan 9 2 11
Life Insurance Play Fpi Brendan 9 2 11Life Insurance Play Fpi Brendan 9 2 11
Life Insurance Play Fpi Brendan 9 2 11
 
Marriage loan
Marriage loanMarriage loan
Marriage loan
 
Bond valuation
Bond valuationBond valuation
Bond valuation
 
Business capital
Business capitalBusiness capital
Business capital
 
Financial planning integration chm 6.14
Financial planning integration   chm 6.14Financial planning integration   chm 6.14
Financial planning integration chm 6.14
 

Similar to MEET JUMBO MORTGAGE PRODUCTS

Mortgage rates beginner's_guide-maria arrua
Mortgage rates beginner's_guide-maria arruaMortgage rates beginner's_guide-maria arrua
Mortgage rates beginner's_guide-maria arruaMaria A. Arrua
 
Listing Edge
Listing EdgeListing Edge
Listing Edgedsparkma
 
Principal Reduction Homeowner Presentation
Principal Reduction Homeowner PresentationPrincipal Reduction Homeowner Presentation
Principal Reduction Homeowner PresentationChristopher Ellis
 
Welcome To Bank of America Home Loans
Welcome To Bank of America Home LoansWelcome To Bank of America Home Loans
Welcome To Bank of America Home Loansloanav8r
 
Homebuyer Guide(2)
Homebuyer Guide(2)Homebuyer Guide(2)
Homebuyer Guide(2)Carolin911
 
Principal Reduction Affiliate Presentation
Principal Reduction Affiliate PresentationPrincipal Reduction Affiliate Presentation
Principal Reduction Affiliate PresentationChristopher Ellis
 
The Power of First Position Commercial Mortgages
The Power of First Position Commercial MortgagesThe Power of First Position Commercial Mortgages
The Power of First Position Commercial MortgagesSecure Money Services
 
Training for Financial Professionals: Reverse Mortgages & Retirement Plans - ...
Training for Financial Professionals: Reverse Mortgages & Retirement Plans - ...Training for Financial Professionals: Reverse Mortgages & Retirement Plans - ...
Training for Financial Professionals: Reverse Mortgages & Retirement Plans - ...George Omilan
 
ENCORE Financial's HECM Reverse Mortgage Presentation
ENCORE Financial's HECM Reverse Mortgage Presentation ENCORE Financial's HECM Reverse Mortgage Presentation
ENCORE Financial's HECM Reverse Mortgage Presentation Scott Stockdale
 
Why work with William Doom of loanDepot
Why work with William Doom of loanDepotWhy work with William Doom of loanDepot
Why work with William Doom of loanDepotWilliam Doom
 
Fha Financing A True Opportunity
Fha Financing A True OpportunityFha Financing A True Opportunity
Fha Financing A True Opportunitymilkman1969
 
Lisa theriault home_buyers_guide
Lisa theriault home_buyers_guideLisa theriault home_buyers_guide
Lisa theriault home_buyers_guideLisa Theriault
 
Need New Windows? Furnace? Air Conditioner?
Need New Windows? Furnace? Air Conditioner?Need New Windows? Furnace? Air Conditioner?
Need New Windows? Furnace? Air Conditioner?plantunderworld90
 
First Time Homebuyer's Seminar, by Tom Sparks from Sierra Financial, Inc.
First Time Homebuyer's Seminar, by Tom Sparks from Sierra Financial, Inc.First Time Homebuyer's Seminar, by Tom Sparks from Sierra Financial, Inc.
First Time Homebuyer's Seminar, by Tom Sparks from Sierra Financial, Inc.tomsparks7
 
First time home buyer loan mortgage(TLM).pptx
First time home buyer loan mortgage(TLM).pptxFirst time home buyer loan mortgage(TLM).pptx
First time home buyer loan mortgage(TLM).pptxmarketing367770
 
First time home buyer loan mortgage(TLM).pptx
First time home buyer loan mortgage(TLM).pptxFirst time home buyer loan mortgage(TLM).pptx
First time home buyer loan mortgage(TLM).pptxmarketing367770
 
Bank business development officer resource
Bank business development officer resourceBank business development officer resource
Bank business development officer resourcecinergy
 
Real estate and lending chapter 18.pptx
Real estate and lending  chapter 18.pptxReal estate and lending  chapter 18.pptx
Real estate and lending chapter 18.pptxsyedazahra566
 

Similar to MEET JUMBO MORTGAGE PRODUCTS (20)

Mortgage rates beginner's_guide-maria arrua
Mortgage rates beginner's_guide-maria arruaMortgage rates beginner's_guide-maria arrua
Mortgage rates beginner's_guide-maria arrua
 
Listing Edge
Listing EdgeListing Edge
Listing Edge
 
Principal Reduction Homeowner Presentation
Principal Reduction Homeowner PresentationPrincipal Reduction Homeowner Presentation
Principal Reduction Homeowner Presentation
 
Welcome To Bank of America Home Loans
Welcome To Bank of America Home LoansWelcome To Bank of America Home Loans
Welcome To Bank of America Home Loans
 
Homebuyer Guide(2)
Homebuyer Guide(2)Homebuyer Guide(2)
Homebuyer Guide(2)
 
Principal Reduction Affiliate Presentation
Principal Reduction Affiliate PresentationPrincipal Reduction Affiliate Presentation
Principal Reduction Affiliate Presentation
 
The Power of First Position Commercial Mortgages
The Power of First Position Commercial MortgagesThe Power of First Position Commercial Mortgages
The Power of First Position Commercial Mortgages
 
Training for Financial Professionals: Reverse Mortgages & Retirement Plans - ...
Training for Financial Professionals: Reverse Mortgages & Retirement Plans - ...Training for Financial Professionals: Reverse Mortgages & Retirement Plans - ...
Training for Financial Professionals: Reverse Mortgages & Retirement Plans - ...
 
ENCORE Financial's HECM Reverse Mortgage Presentation
ENCORE Financial's HECM Reverse Mortgage Presentation ENCORE Financial's HECM Reverse Mortgage Presentation
ENCORE Financial's HECM Reverse Mortgage Presentation
 
Why work with William Doom of loanDepot
Why work with William Doom of loanDepotWhy work with William Doom of loanDepot
Why work with William Doom of loanDepot
 
Fha Financing A True Opportunity
Fha Financing A True OpportunityFha Financing A True Opportunity
Fha Financing A True Opportunity
 
Lisa theriault home_buyers_guide
Lisa theriault home_buyers_guideLisa theriault home_buyers_guide
Lisa theriault home_buyers_guide
 
Need New Windows? Furnace? Air Conditioner?
Need New Windows? Furnace? Air Conditioner?Need New Windows? Furnace? Air Conditioner?
Need New Windows? Furnace? Air Conditioner?
 
First Time Homebuyer's Seminar, by Tom Sparks from Sierra Financial, Inc.
First Time Homebuyer's Seminar, by Tom Sparks from Sierra Financial, Inc.First Time Homebuyer's Seminar, by Tom Sparks from Sierra Financial, Inc.
First Time Homebuyer's Seminar, by Tom Sparks from Sierra Financial, Inc.
 
First time home buyer loan mortgage(TLM).pptx
First time home buyer loan mortgage(TLM).pptxFirst time home buyer loan mortgage(TLM).pptx
First time home buyer loan mortgage(TLM).pptx
 
First time home buyer loan mortgage(TLM).pptx
First time home buyer loan mortgage(TLM).pptxFirst time home buyer loan mortgage(TLM).pptx
First time home buyer loan mortgage(TLM).pptx
 
Realtor Presentation
Realtor PresentationRealtor Presentation
Realtor Presentation
 
Homebuyers Presentation
Homebuyers PresentationHomebuyers Presentation
Homebuyers Presentation
 
Bank business development officer resource
Bank business development officer resourceBank business development officer resource
Bank business development officer resource
 
Real estate and lending chapter 18.pptx
Real estate and lending  chapter 18.pptxReal estate and lending  chapter 18.pptx
Real estate and lending chapter 18.pptx
 

MEET JUMBO MORTGAGE PRODUCTS

  • 1. MEETING YOUR CLIENTS’ SPECIFIC NEEDS Our jumbo mortgage products offer competitive pricing for larger loans, giving your clients an advantage as they search for a home. In addition to no mortgage insurance, these products offer eligible customers: • Financing up to 85% of their home’s value on a primary residence1 • Loan amounts up to $3 million; customers with significant deposit and investment assets may be eligible for loans more than $3 million • Second home financing up to 80% of the home’s value • Investment property financing up to 75% of the property’s value and loan amounts up to $1 million • Fixed-rate, adjustable-rate and interest-only loans Your clients may be eligible for more mortgage savings and benefits through Chase Private Client, a suite of banking and investment products. These benefits include reduced mortgage closing costs and dedicated processing and underwriting teams. Call me today to learn more! JUMBO MORTGAGE PRODUCTS
  • 2. 1 Loans up to 85% of a primary home’s value are available on a purchase or refinance with no cash back. Subject to property type, a minimum credit score of 680 and a minimum of 18 months of reserves (i.e., you must have at least enough money in reserve in your bank account to make 18 monthly mortgage payments (principal, interest, taxes and insurance) after your loan closes) for loan amounts up to $1 million. For the Adjustable-Rate Mortgage (ARM) product, interest is fixed for a set period of time, and adjusts periodically thereafter. At the end of the fixed-rate period, the interest and payments may increase. The APR may increase after the loan consummation. Interest-Only Mortgage: Depending upon the customer’s credit profile, interest-only loans are available and provide for the payment of interest only for a set period of time, and payments of principal and interest thereafter for the remainder of the loan term. While making interest-only payments, principal is not reduced. At the end of this period, the monthly payment will increase, possibly substantially, because the customer will be required to pay down the outstanding principal plus any remaining interest. The customer should always consider paying more than the minimum payment to pay down the principal. Deposit products and services are offered by JPMorgan Chase Bank, N.A. Member FDIC. “Chase Private Client” is the marketing name for a business within JPMorgan Chase & Co. and its subsidiaries. Bank products and services are offered by JPMorgan Chase Bank, N.A., and its affiliates. Securities and investment advisory services are offered through J.P. Morgan Securities LLC (JPMS). JPMS, member FINRA and SIPC, is an affiliate of JPMorgan Chase Bank, N.A. Investment products: Not FDIC insured • No bank guarantee • May lose value For real estate and lending professionals only and not for distribution to consumers. This document is not an advertisement for consumer credit as defined in 12 CFR 1026.2(a)(2). All home lending products are subject to credit and property approval. Rates, program terms and conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions and limitations apply. Home lending products offered by JPMorgan Chase Bank, N.A. ©2015 JPMorgan Chase & Co. 78292D-1015