At 1st Florida lending Corp., we offer VERY LOW RATES for primary home purchases and refinancing for all Jumbo Loans Many home buyers are unaware they can obtain Jumbo financing at low rates with a variety LTV options not only apply to Jumbo purchase transactions but can also to some Jumbo refinance loans. A jumbo home mortgage is a loan that exceeds the conforming (conventional) loan limits standardized by Fannie Mae & Freddie Mac (the government-sponsored agencies that purchase loans from lenders and banks) Our Jumbo and Super Jumbo loans are ideal for home buyers looking for higher priced luxury homes. These loans are designed to simplify home buying in pricey markets by covering the full cost of the loan, so there is no need for borrowers to drain their cash reserves. Jumbo Loans are like conventional mortgages in that we offer both fixed and adjustable programs.

FREQUENTLY ASKED QUESTIONS Question: Can I purchase a non- warrantable condo with the Jumbo loan. Answer: Yes, non-warrantable condos are eligible for Jumbo financing depending on program. Question: Can Doctors and Physicians use the 95% financing option? Answer: Yes so long as they meet the qualification guidelines . Question: Can I get a fixed rate term? I really don’t want to get an adjustable rate . Answer: Yes, some Jumbo programs offer both the fixed rate and adjustable (ARM) rate 5/1, 7/1 or 30 fixed. Question: I’m a veteran, can I get a VA Jumbo Loan? Answer: Yes, VA has high balance jumbo loans up to 5 million. Question: Does the Jumbo program have a penalty or paying off the loan early? Answer: No, you can pay off your loan anytime you like without a pre-payment penalty. Question: What kind of savings do I need to have in order to get approved? Answer: It really depends on the loan amount and credit. For example, a loan amount of $1,000,000 depending on the program may require that you provide proof of reserves to show underwriting that you have the ability to pay the mortgage payment, insurance and taxes for that time period in the event of a financial set back. For higher loan amounts you may be required to prove additional reserves. Saving accounts, 401K or IRA may be utilized as proof to satisfy the reserve requirements.

JUMBO OPTIONS 90% LTV • Min FICO 660 • Loan Amounts to $3.5 Million • Max DTI 50% • 30 Year Fixed / ARM Terms Available • Primary, Second, Multi-Family, Investment • Warrantable Condos • Buydowns Not Available 85% LTV • Min FICO 660 • Loan Amounts to $3 million • Max DTI 45% • 15, 30 Year Fixed ARM Terms Available • Primary, Second, Multi-Family, Investment • Non-Warrantable Condos Ineligible • Buydowns - 2:1, 1:0 / 30YR only 80% LTV • Min FICO 660 • Loan Amounts to $3 million • Max DTI 49.99% • 15, 30 Year Fixed, ARM Terms Available • Primary, Second, Multi-Family, Investment • Non-Warrantable Allowed • Buydowns - 2:1, 1:0