LATEST
80% Jumbo Fixed Rates More Competitive
For the past several years, jumbo loans have been scarce to come by and what money was available was at much higher rates with more restrictive underwriting guidelines. Now, as money has loosed up a bit, we are seeing more and more competitive jumbo fixed rate product.
Currently, we can offer 80% jumbo fixed rates for up to $1.5 million. The rates are very competitive, barely over the high balance conforming rates. Underwriting is slightly more restrictive but far more reasonable than in the past. So, if you’re looking for properties over $1,000,000 and have 20% down, give us a call and we’ll explore your options.
ABOUT US
CPC Mortgage was founded in 1986 by Ed Cree and John Patterson. We are a full service mortgage broker offering competitive rates and programs on conventional conforming and jumbo loans, FHA, VA and reverse mortgages. Over the years we’ve arranged financing on over 6,000 loans totaling just under $2 billion. The backbone of our business for over 28 years has been to advise our clients as if it was our own money. We have never spent money on mass market advertising, relying instead on referrals from real estate agents and former clients. If you treat people right, they will come back and they will tell their friends. We’re proud of our track record and will continue to stress customer service to all of our clients.
For inquiries, please email us at info@cpcmortgage.com.