Our company was created to fill the missing void for jumbo mortgage refinancing in the American marketplace. JMRL provides mortgage options with non-conforming jumbo, FHA, and payment option loans for refinancing that are yielding reduced monthly payments. Unfortunately the interest rates are not at the lowest point in the last 5 years. But that doesn't mean that it's not still the right time to refinance your jumbo mortgage. If you have a hybrid loan or a payment option ARM, at some point your monthly payments will begin to rise. When that happens, you will have little choice other than refinancing.
At JMRL, we understand that refinancing your home can be a difficult decision and that is why we do everything possible to help insure that it is a stress free process. We will help you find a loan that you will be proud of regardless of how big the loan amount is. The non-conforming loan market is tricky because there are spans when it is more difficult to qualify for jumbo refinancing when lenders tighten the guidelines and requirements.
- Fixed Interest Rates
- Cash Out Refinancing for home improvements
- 100% Refinance Lending
- Jumbo Refinancing up to $4,000,000
- No Income Verification Loans for Self Employed Borrowers
- Payment Option Loans
Jumbo Mortgage Refinancing is our specialty. If your loan amount exceeds $417,000, then you should consider a refinance for your jumbo mortgage from the fixed rate leader.
Cash Out Refinance Loans that allows you to borrow up to 80% of your home's value for consolidating debt.
The Streamline Refinance from the VA allows people to lower their monthly mortgage payment without requiring an appraisal. If you are a veteran, this is a very convenient loan, at a great rate. Your credit score do not matter as much, but the VA loans require a good payment history with your mortgage.
The Federal Housing Administration also offers a streamline that encourages borrowers to secure lower monthly payments with less stringent requirements. However, FHA does not allow jumbo refinancing with the streamline program. The guidelines are not as strict and the approval ratio is much greater with FHA than with traditional Fannie Mae conventional loans. Get a Quote!