| Chase Jumbo Product | ||||
| Purchase & Rate Term Refinance | ||||
| Occupency | Property Type | LTV | FICO | Max Loan Amout |
| Primary | 1 Unit / PUD / Condo / Co-op | 85/85/85% | 700 | 3 mil |
| 80/80/80% | 680 | |||
| 2 Units | 80/80/80% | 700 | 3 mil | |
| Cannot use rental income from subject to qualify for LTV/CLTV/HCLTVs > 75% | ||||
| 3-4 Units | 75/75/75% | 700 | 3 mil | |
| Second Home | 1 Unit / PUD / Condo / Co-op | 80/80/80% | 680 | |
| Investment | 1 Unit / PUD | 80/80/80%* | 740 | 3 mil |
| 75/75/75% | 700 | |||
| 2-4 Units | 75/75/75% | 700 | 3 mil | |
| Condo / Co-op | Not eligible | |||
| Cashout Refinance | ||||
| Primary | 1 Unit / PUD / Condo / Co-op | 80/80/80% | 720 | 2 mil |
| 70/70/70% | 680 | |||
| 2-4 Units | Not eligible | |||
| Product Variations | ||||
| Fixed | 15, 30 Year | |||
| ARM (Max LTV 80%) | 5/1 ARM, 7/1 ARM 10/1 ARM | |||
| Debt Ratios | ||||
| Max DTI | 43% | |||
| Income Documentation | ||||
| Full Doc | √ | |||
| Assets | ||||
| Full Asset Documentation | √ | |||
Chase:
Duncan Vance
Direct: 248-398-6933
Duncan.a.vance@chase.com
