Across Arizona, many aspects of the real estate market are heating up. For entry level homes, there are often multiple offers on homes. At the higher end, it is slower, but mostly due to financing problems. Are there jumbo loans available in Arizona? Yes, you can stillget jumbo financing, but the terms of today's jumbo loan market aremuch different than they were just a couple of years ago.  Here aresome general guidelines for lenders who will actually lend under the Arizona jumbo mortgage programs available.

Arizona Jumbo Mortgage Loan LTV Requirements:

A few years ago, you could easily borrow up to 100% on almost anyjumbo loan, but today there are definately LTV restrictions and theyusually get tougher as the loan amounts get higher.

  • For loans up to $900,000 expect the loan to value ratio to be around 75%.
  • For loans up to $1,200,000 expect the loan to value ratio to be around 60%.
  • For loans up to $1,500,000 expect the loan to value ratio to be around 50%.
For more information about Arizona jumbo loans, be sure to speak with an Arizona loan officer who knows all about them.