5% Down Payment to $1,500,000 With 700+ MID FICO 10% Down Payment to $2,500,000 With 660+ MID FICO
15% Down Payment to $3,000,000 With 660+ MID FICO
DTI Allowed to 50%! LOAN AMOUNTS $300,000 - $3,000,000 Only
Loan Product Information Updated 02/12/2020
We provide one of the industry's largest product offerings for low down payment jumbo loans. Most of these products are available nationwide with some restrictions in Alaska, Hawaii, Massachusetts, Idaho, and New York. These products have NO PMI and NO pre payment penalties and allow for DTI to 50%.
2 years tax returns for wage earners required and 1 year tax returns available for Self Employed borrowers. For "no tax return" Self Employed/1099 borrowers options please see the menu bar for our "Bank Statement/Self Employed Mtg" options.
To receive a specific rate quote for your scenario please call, email or complete the contact form at the bottom of this page. More details and guidelines are displayed below for your review. When you reach out to us you will be contacting a federally licensed Mortgage Loan Originator employed with a FDIC bank with specific product knowledge. Bank Of England Loan officers on my team each have a minimum of 12 years experience in national mortgage banking.
We look forward to finding a solution for your mortgage needs with the highest levels of service and communication. We are physically located in Colorado but as a FDIC regulated bank we are able to serve borrowers nationwide with prompt, professional and efficient funding from our home branch. We are ready to help!
Additional Loan Details:
Not All Product Options available in all states. Rates, products, and product options subject to change.
95% LTV available for Purchase and Refinance Transactions on primary residence only
Cash Out Refinance transactions limited to 90% LTV for Primary and Vacation homes only.
Max 85% LTV for Investment Property
DTI Allowed to 50%
Interest Only Available to 80% LTV
Property Type allows for Single Family Homes, 1-4 Units, Condo's, Town Homes -Attached, Detached or Semi Detached allowed.
Loan Terms Available in 30 Year Fixed Rates as well as adjustable rate 5/1 and 7/1 ARMs.
No Major Credit Events permitted in prior 4 years.
PMI is NOT required
Seller paid contributions to closing costs limited to 3%
2 Year Tax Returns for Wage earner and 1 Year Tax returns for self employed borrower who has been in business for at least 24 months.
We provide alternative loan products for various purchase, refinance and cash out scenarios. Interest rates are determined by loan to value, FICO score and income documentation type.
Thank you for the opportunity - we are ready to help! Not all products available in all states. Products, product terms and state availability subject to change. Please call, email or complete the contact for below for details. THANK YOU!
Bank Of England Mortgage
5445 DTC Parkway | Suite 1200
Greenwood Village, CO 80111
Please use the contact form below to share as much about your loan scenario as you would like. This will enable me to provide a timely written rate quote with loan terms, rates, lender fees and estimated monthly payments. The more details you can provide the quicker and more accurately I can respond. I'm usually available 7 days a week via phone for your convenience. Please let me know how we can help!