Conventional High Balance

Min. FICO 620 Up to 97% CLTV

A Conventional High Balance loan is a mortgage option for borrowers who need financing for an amount that exceeds the national baseline conforming loan limits but stays within the local conforming loan limits for the high-cost county. This allows homebuyers to borrow more money to purchase a home in a more expensive area.

Program features

Loan amounts up to $1,209,750
FICO 620
Up to 97% LTV
Cash-out allowed
Primary, secondary homes, and investment

Why choose our Conventional High Balance?

Temporary rate buydowns available
No overlays with FNMA/Freddie
Faster turn times

Download program PDF

Download

Struggling with a loan scenario? Push the button and get a solution in 30 minutes!

Submit a Scenario

Program request

Write to us, we will contact you within 30 minutes.

Name *

Fill out this field

Company Name *

Fill out this field

Company NMLS (optional)

Fill out this field

Company State *

Fill out this field

Phone *

Fill out this field

Email *

Fill out this field

Inquire *

Fill out this field

I accept the privacy policy Please, accept the privacy policy

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Oops...

Something went wrong.

Please try again

Thank you!

We’ll contact you as soon as possible

Program details

Loan amounts up to $1,209,750

DTI up to 50%

Primary, secondary homes, and investment

Minimum down payment 3%

LTV up to 97%

At least two consecutive years of stable income and employment

Min 2 months of reserves for second homes, min 6 months of reserves for investment properties, primary residences up to 4 units, and cash-out refinance with a DTI >45%

Gift funds are allowed

Private mortgage insurance is required if down payment is less than 20%

Mortgage history: At least 2 years out of credit events

Eligible property types: Single-family homes, 1-4 units, condominiums, townhomes, PUDs, and manufactured

Eligible terms: 15 & 30 year fixed; 5/6, 7/6, 10/6 ARM

Eligible citizenship: US citizens, Permanent Residents, Non-permanent Residents

Eligible borrowers: Individuals, Revocable and Land Trusts

Fast turnaround times

Disclosure

24 hours

Underwriting

24 hours

Closing

24 hours

Conventional High Balance

Download program PDF

Program request

Oops...

Thank you!

Program details

Calculate your scenario

Fast turnaround times

Disclosure

Underwriting

Closing

Ready to get started?

#Yes to employed

1Y or 2Y Full Doc Non-QM

Conventional Standard