Premium & Standard Loan Terms Defined

Definition of Premium & Standard Loan Terms.

Premium Loans are for borrowers with High Net Worth/Income & Low Debt to Income Ratios, and Low Loan to Value Ratios to obtain the better rates.

In addition Higher Balances of Liquid Reserves  are required than the Standard Jumbo Loan programs.

Standard Rates are the loan programs that use Nonconforming Jumbo Lending Guidelines.