Reverse Jumbo Expands Again! Now available in Washington state.

October 13, 2020

Reverse Jumbo Expands to Washington!

The Plaza Home Mortgage® Reverse Jumbo program has expanded again and is now available in Washington state. The program allows senior borrowers in higher value homes to tap into up to $4M of their home’s equity, with no MI! Reverse Jumbo is now available in these 16 states: AZ, CA, CO, CT, FL, GA, HI, IL, NJ, NM, NV, OR, PA, TX, UT and WA.

Program Features:

  • Fixed Rate
  • Loan amounts up to $4M with no MI
  • No minimum or maximum draw amounts
  • Single family homes, 2-4 units, townhomes, PUDs, and condos (with restrictions)
  • FICOs from 640

Visit our information page or contact your Plaza Account Executive today to see if offering this program is right for your clients.

 


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