Renew's jumbo lending framework is designed to support high-balance borrowers while maintaining strong credit discipline. The program operates across three primary areas: loan size and credit tiers, occupancy and property standards, and reserve requirements.
This is a true jumbo lending platform—not a niche overlay—designed to balance competitive leverage, strong borrower liquidity, and disciplined risk management across multiple investor guidelines.
1. Loan Amount & Credit Structure
- •Jumbo financing available up to approximately $3.5 million, subject to program and investor guidelines
- •Subject to credit score, LTV & occupancy
- •Higher loan amounts require stronger borrower profiles
- •Minimum FICO scores typically range from 620 to 740, depending on loan size, LTV, and occupancy
- •Depends on loan size, LTV & occupancy type
The following ranges are illustrative and represent typical jumbo lending parameters. Final terms are subject to investor guidelines, underwriting approval, and overall borrower profile.
| Loan Range | Minimum FICO | Max LTV (Primary) | Reserves |
|---|---|---|---|
| ≤ $1.0M – $1.5M | 620+ | Up to 90% | 3-6 months PITIA |
| $2.0M – $3.0M | 700-720 | 75-85% | 6-12 months PITIA |
| $3.5M maximum | 720-740 | 60-75% | Up to 18 months PITIA |
2. Loan-to-Value (LTV) Parameters
- •Up to 90% LTV for qualified primary residence scenarios at stronger credit levels
- •Scales down to 60–75% as loan size increases
- •Typically 70–75% LTV
- •Higher reserve requirements apply
- •Capped at 70–75% LTV
- •Higher reserve requirements
3. Reserve Requirements
Greater of AUS findings or minimum PITIA months, depending on scenario.
Primary Residences:
3–6 months PITIA at lower LTVs
Higher-Risk Scenarios:
6–12 months PITIA
High-Balance / Lower-LTV Tiers:
Up to 18 months PITIA may be required for higher-balance or higher-risk scenarios
Reserve requirements increase as:
- • LTV decreases
- • Loan size increases
- • Occupancy shifts from primary → second home → investment
4. LTV / Credit / Reserve Relationship
Higher loan amount
Higher FICO + more reserves required
Lower LTV
Greater flexibility in credit and reserve requirements
Investment property
Reduced LTV + increased reserves
Credit score below 700
Limited leverage and loan size
This allows flexibility while maintaining investor-grade credit quality.
5. Program Strengths
Up to $3.5M financing
Up to 90% LTV available for qualified borrowers in select scenarios
Credit scores starting at 620 for select lower-balance jumbo scenarios
Institutional-grade liquidity standards
Perfect For
Important: Jumbo loan terms, credit requirements, loan-to-value ratios, and reserve requirements vary by investor, property type, occupancy, and borrower profile. All loans are subject to underwriting approval and program availability.
Ready to Apply?
Contact our team to discuss your jumbo lending options
Call 888-958-8877