Jumbo Loan or Non Conforming Mortgages by EMM Loans LLC

Our doors are opening even wider….

Jumbo Loan

EMM Loans now offers more flexible guidelines for both primary and secondary homes that make high balance loans more obtainable. This loan can be used to both purchase a new home or to refinance an existing mortgage and lower your monthly payments.

Lower down payments

More cash back

Reduced reserve and credit score requirements

Our Jumbo Loan Programs

What Is a Jumbo Loan?

A jumbo loan, also known as a non-conforming loan, is a loan that falls above the Federal Housing Administration’s (FHA) conforming loan limit, which in 2023 is $726,200. These loans are designed to help highly qualified borrowers buy more expensive homes.

Primary Residence

Up to 85% Loan to Value with no mortgage insurance
Minimum credit score of 680 including cash-out refinances
Cash back up to $500,000 permitted
Loan amounts up to 2.5 million
Required reserves as low as 6 months

Second Home

Minimum credit score of 680 for Purchase or Rate/Term refinance
Minimum credit score of 700 for a cash-out refinance
Cash back up to $500,000 permitted
Loan amounts up to 2.0 million
Required reserves as low as 6 months

Benefits of this Program

Easier to Qualify

Expands the Amount Your Are Able to Borrow

Can Help Lower Your Monthly Payments

Silver Jumbo Loan Program

Minimum credit score of 661 for loan amounts up to 1.5 million with minimum 6 months reserves on a Primary residence, Purchase or Rate/Term refinance.
Maximum LTV up to 85% LTV with a minimum credit score of 680 for loan amounts up to 1.0 million.
2 Unit properties

How Do You Know If You Are Eligible?

The best way to find out if you qualify is to talk to one of our loan advisors. They will consult with your regarding this and other programs you may qualify for.