This fully amortizing, conventional conforming first-lien mortgage loan program is available in a fixed and adjustable rate, and is specifically designed for borrowers with 7 to 10 financed properties.

This adjustable-rate mortgage product (ARM) allows for financing on distinctive properties ranging from $484,351 to $3M. ARM periods are available with an initial fixed rate of 5, 7, or 10 years. Your Flagstar Bank financial craftsman can offer jumbo products that require a minimum down payment of 10%.¹

This adjustable-rate mortgage product is specially crafted with terms and conditions favorable to professionals with great earning potential who have recently finished school or are early in their career. And with low down payments and no mortgage insurance required, it’s an excellent way for qualified individuals who’ve earned this opportunity to purchase or refinance. For those who qualify, some student debt may be excluded from payment ratios.

This fixed-rate mortgage product allows for the purchase or refinance of homes priced above the conventional loan size and up to $3M.  Fixed-rate jumbo products from Flagstar Bank require a minimum of 15% down payment for purchase transactions.¹

This product enables borrowers to avoid mortgage insurance–even with down payments as low as 10%—by restructuring a single loan into a first/second mortgage combo.¹ It can also be used as an alternative to a jumbo loan.

This mortgage product—available in either fixed- or adjustable-rate formats–is crafted to accommodate borrowers looking to purchase or refinance properties in areas designated as “high–cost”. The loan amounts exceed the typical conventional loan size limit of $484,350.