Luxury Home

Jumbo or Super Jumbo loans

Competitive interest rates. Flexible terms. Tailored options. Loan amounts up to $15 Million

Whether we are talking about complicated tax returns for multiple businesses or the inability to provide any returns at all. At Formula Mortgage Capital Corporation, we are dedicated to providing financing that meets the requirements for clients looking to purchase luxury residential properties. Our focus is a common-sense approach to underwriting with innovative program options that enable us to meet those needs. We are committed to offering solutions and have programs that cater to and meet the needs of:

• Doctors
• Those whose complex personal finances do not fit into narrow guidelines
• Minimal down payments
• Business Owners/Self Employed

We work as a team; with you, your accountant, business and finance manager to help you, a well-qualified buyer obtain well deserved financing. We handle the details of your mortgage, so you can concentrate on running your business

• 12 or 24 month Business or personal bank statements
• No tax returns required
• Owner-occupied, 2nd homes, and investment properties
• Loan Amounts to $15,000,000
• 95% LTV available
• DTI up to 50%
• No MI on LTV’s >80%
• Interest Only loans available
• SFRs, townhomes, condos, 2-4 units
• Non-warrantable condos considered
• No limit on number of properties financed
• 40 year amortization available
• Pledged assets
• Cross collateralized loans
• Vesting in all types of Trusts, LLCs, Corps and Partnerships
• Bridge