Elite
 

As home prices continue to rise, Caliber Home Loans, Inc. continues to rise to the occasion. That’s why we’re thrilled to tell you about our newest Portfolio product: Caliber Elite Access.

Close more Jumbo loans with 95% LTVs and no MI

We designed Elite Access to meet the demands of your borrowers in high-cost areas. Choose from fixed-rate, 5/1 and 7/1 ARM products. Features include:

  • Purchase loans and rate/term refinances to $2 million with a 740 FICO, 95% LTV and 9 months’ reserves, no MI.
  • Purchase loans and rate/term refinances to $3 million with a 700 FICO, 90% LTV and 9 months’ reserves, no MI.
  • Interest only up to $3 million with a 740 FICO and 90% LTV, or Up to $3 million with a 700 FICO and 75% LTV.
  • DTI ratios up to 45%.
  • Cash-out refinancing to $500,000 ($750,000 for debt consolidation).
  • 100% gift funds permitted from family members. Gifts not allowed on loans >90% LTV.
  • 1-4 unit properties, 1-unit Co-operative units, PUDs, warrantable and non-warrantable condos allowed.
  • Texas 50(a)(6) cash-out and rate/term refinances allowed.
  • Unlimited financed properties allowed (primary residences). Caliber-provided financing for up to five properties with a maximum unpaid principal balance of $3 million is allowed.
  • Asset depletion qualifying allowed.
 

For more information, contact your Account Executive or

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