TFSB Jumbo Products

Lower Score Jumbo Options

• Up to $3,000,000 on primary home (SFR, duplex, 2-flats, townhome, modular)

• Up to 1,500,000 on second/vacation homes

• Jumbo Mortgages available to $750,000 at 90% LTV

• Interest-only first mortgages available on primary/second homes up to $1,500,000

• No private mortgage insurance (PMI)

• Up to $900,000 with a 660-679 midscore

High LTV Options

• 85% LTV up to $1.5 Million with no mortgage insurance

• Non-agency amortizing fixed and ARMs

• 740 minimum FICO score

• SFR, condos, and co-ops

• Purchase and rate/term ref

High Loan Amounts

• Loan Amounts up to $5,000,000

• Down payments as low as 20%

• Investment Properties Eligible

• 1-4 Units, Condos, Co-Ops & Second Homes

• Underwritten In House

Near Miss Jumbo

Example: DTI is above the jumbo ratios, The Federal Savings Bank will look at the loan in the portfolio division. TSFB will underwrite, and service that loan.

Example: Good job, but difficult to prove income, The Federal Savings Bank will look at the loan in the portfolio division. TSFB will underwrite, and service that loan.

Example: Non warrantable condo with jumbo loan amounts, The Federal Savings Bank will look at the loan in the portfolio division. TSFB will underwrite, and service that loan.