Jumbo Advantage Program

Luxury Living room
You deserve a higher standard of financing…Guardian Mortgage’s Jumbo Advantage delivers.

When you’re buying or refinancing a luxury home or high-value property, flexibility is the key to the ideal loan. Our Jumbo Advantage program features an array of options for a better fit with your personal preferences, including several fixed- and adjustable-rate loan terms.

Program Features:

  • Up to $2 million for primary residences and second homes – up to $1 million for investment properties
  • Non-occupant co-borrowers allowed for purchases and rate/term refinances up to $1 million
  • FICO scores from 661 may qualify for up to $1.5 million for new purchases, and up to $2 million for some refinances
  • Both rate/term and cash-out refinances are available
  • First-time buyers may qualify for up to $1 million for a primary residence ($1.5 million in CA, NJ, NY and CT)
  • Interested party contributions of 2-6% allowed for closing costs and prepaids
  • Single-family residences
  • 1-4 unit properties
  • Planned unit developments* (PUDs)
  • Modular homes
  • Low, medium, and high-rise condo units that are FNMA-warrantable
  • Leaseholds that meet FNMA requirements
  • Properties with up to 20 acres

*PUDs are communities which are usually comprised of single-family homes, operated by a Homeowners’ Association (HOA). Each homeowner pays HOA fees based on their percentage ownership in the overall project.  These fees go toward maintaining shared amenities such as pools, landscaping and tennis courts, and may also cover security services. Program available only to qualified borrowers. Program subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply. FICO and tradeline requirements.Final inspection when required.