Jumbo B/C Lending (Alternative Lending)
Loans that do not meet the borrower credit requirements of Fannie Mae and Freddie Mac are
called 'B', 'C' and 'D' paper loans vs. 'A' paper conforming loans. B/C loans are offered to borrowers that
may have less than perfect credit. The borrower may have recently filed for bankruptcy, foreclosure,
or have had late payments on their credit reports. Their purpose is to offer temporary financing to
these applicants until they can qualify for conforming "A" financing. The interest rates and
programs vary, based upon many factors of the borrower's financial situation and credit history. B/C
lending is commonly referred to as Alternative Lending.
Jumbo Fixed Rate Mortgages |
Jumbo Adjustable Rate Mortgages (ARMs) |
Jumbo Interest Only Mortgages
Jumbo Option ARMs |
Jumbo B/C Lending (Alternative Lending) |
Jumbo Construction Loans
