Jumbo 2 unit loans – Jumbo Duplex loans

Jumbo 2 unit loans – Jumbo Duplex loans

In historic high cost markets such as San Francisco, San Mateo, Daly City, etc  Duplexes and 2 unit flats are a great investment.   Buy both sides and live in one, rent out the other.   Since the prices in these markets often exceeds standard conventional financing such as Fannie Mae and Freddie Mac, the market is low on options for financing these with as little down payment possible.

For Owner Occupied 2 unit and Duplex purchases,  we offer the following down payment options:

  • 15% down with zero PMI up to $1m Loan Amounts (requires a 740 score)
  • 20% down up to $1.5m Loan Amounts  (requires a 720 score)
  • 20% down up to $2.0m Loan Amounts  (requires a 740 score)

We also offer rate and term refinances for each of the above Loan to Value limits (LTV) and fico combinations.

These are Jumbo Loans,  so the underwriter will require asset reserves and solid debt ratios.  Please call direct to see if these options might work for you.  Call 866-900-2342  toll free direct  or Get Started Online here.