If you’ve been thinking of buying a home or refinancing your jumbo mortgage this summer, now is the time! PMA is offering a limited-time jumbo loan program to help you purchase your dream home or refinance your current mortgage—you can even take cash out and take advantage of the equity in your home!
PMA Jumbo Loan Features:
- 30-year term only
- Available for purchases or refinancing (including cash-out)
- Loans from $400,000 to $750,000
- 80% loan-to-value
- 40-day rate lock
- Minimum credit score required
- Geographic limitations apply. Call for details.
*Rate effective 7/1/18 and is subject to change without notice. Geographic limitations apply. Applicable for loans locked-in by 8/31/18. Applies to loan amounts $453101 to $750,000. Annual Percentage Rate (APR) 4.514% based on a 720 credit score, an 80% loan-to-value and $520,000 loan amount with total monthly payment of $3,131.67 for 360 months. Payment includes taxes and insurance. Subordinate financing not permitted. Buyer must meet program guidelines. Contact for full program details. Philadelphia Mortgage Advisors is a licensed mortgage lender by the PA Dept. of Banking & Securities, NJ Dept. of Banking & Insurance, the state of DE, the Florida Office of Financial Regulation and MD mortgage lender #23004.. NMLS #128570.