Welcome to MortgageBase
OFFERING JUMBO AND SUPER JUMBO MORTGAGES NATIONWIDE
A Jumbo Mortgage exceeds $417,000 and a Super Jumbo Mortgage exceeds $1 million. We can lend up to $10 million and over on your primary residence and vacation homes. Your situation is unique and we take the time to understand your needs and fit you with the best mortgage for your home.
Featured Programs and Rates:
(other programs and rates are available, please request a quote)
Jumbo 5/1 ARM 2, 3: 2.250% (3.310% APR*)
Fixed for 5 years then adjusts to the 1 year LIBOR plus 2.25.
Super jumbo loan amounts to $3mm and higher.
Interest Only Jumbo Mortgage options are available.
7/1, 10/1 Jumbo ARMs and 30 & 15 Year fixed options are available as well – please call or complete the form.
* Rate and APR Assumptions: .720 points on an $800,000 loan amount, 760 Credit Score, 30 day lock, Purchase Transaction. Purchase of an owner occupied Single Family Home in Los Angeles County, California. Rate as of August 25, 2016 and subject to change.
Assumes 60 payments of $3,057.97 at an interest rate of 2.250%, 300 payments of $3,604.88 at an interest rate of 3.750%. The rate may increase or change after the initial fixed 5 years. If you choose to include your taxes and insurance the actual monthly payment will increase.
2.240% APR* Interest Only Jumbo Mortgage – 1st Lien HELOC. 1, 3
Draw 90% of the Home Equity Line of Credit (HELOC) amount at closing, up to $2M.
Keep the line open for 10 years to use as you see fit.
Flexible payment options – pay as little as interest only on the balance or as much as you would like.
The rate will adjust monthly based on Prime minus your margin. *
* The lowest variable rate of 2.240% APR available to borrowers with FICO scores of 760 or higher, and loan to value ratios of 70% or less with a total line amount equal to or greater than $500,000. Line must be secured by 1-unit owner occupied single family residence.