No Price Adjustment for Cash Out on High Balance Loans

Newfi Wholesale Jumbos, Products

Newfi Wholesale’s Biscayne High Balance loan program has no adjustments for cash out if LTV is 60% or below. Cash out adjustments do apply for 60.01-75% LTV.

Make Newfi your first stop for low-LTV, high-balance cash out loans … we are blowing away agency pricing.

Biscayne High Balance highlights include:

  • Min Loan $453,100
  • Max loan is agency high balance limit for county
  • 30yr Fixed Only
  • 45% Max DTI
  • Min of 680 credit score
  • Follow AUS for income documentation requirements
  • Follow AUS for asset requirements
  • Follow AUS for non-occupant co-borrowers
  • No price adjustment to waive impounds
  • Purchase and Rate & Term Loans allowed as well!