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Prime Jumbo

Credit scores starting at 660

Up to 90% LTV, No MI

Angel Oak’s Prime Jumbo mortgage product is a competitively priced loan option for borrowers purchasing homes outside of conforming limits. Borrowers who cannot qualify under GSE guidelines now have more options with us. Those who miss Prime Jumbo qualifications can quickly be moved to our Platinum Jumbo product which is also a competitively priced option. Our Jumbo program helps you save more deals!

  • Loan amounts to $3 million (minimum $1 over conforming limits)
  • Seven years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
  • Owner-occupied, second homes, and non-owner occupied
  • Purchase and cash-out or rate-term refinance
  • DTI up to 43%

FAQ's

What is a Jumbo Loan?
A Jumbo loan exceeds the limits set by the Federal Housing Finance Agency. A Jumbo loan cannot be purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac. We offer a competitively priced Jumbo product at Angel Oak.
What is a Jumbo loan amount?
A Jumbo product is used for a loan amount that exceeds the conforming loan limit in your area. It varies across the country and you confirm the amount with your local Angel Oak account executive.
What is the difference between a Jumbo loan and a conventional loan?
A Jumbo loan allows you to borrow a larger sum of money for a property than with a conventional loan. A conforming loan meets Fannie Mae and Freddie Mac requirements regarding credit, debt and loan size.