Todd LaPenta, Caliber Home Loans
Todd LaPenta’s vision statement is “redefining world class mortgage banking,” and for 25 years, he’s provided customized solutions to help over 3,200 clients achieve their unique homeownership goals.
Before joining Caliber Home Loans in February 2017, LaPenta was one of the top originators at Wells Fargo Home Mortgage, earning a spot among the best 200 originators in the company as well as among the top 5 in the state of Florida for purchase production, overall volume production and top-rated customer experience.
In 2016, 92 percent of LaPenta’s closed customers indicated that they were “exceptionally satisfied” with the services he provided, beating all previous years’ satisfaction ratings while funding over $62 million for the year in 2016. “They appreciate the detail, knowledge, and desire I have to build a relationship with them,” says LaPenta, noting that he never views a client as just another transaction.
Jumbo Loan Options
Caliber Home Loans, Inc. believes in providing you with a variety of financing options, including a variety of Jumbo loan products up to $2.5 million. Jumbo loans can be used to buy a home in a high cost area, build your dream home, or refinance an existing Jumbo loan. You may also qualify to lower your payments for 5 to 10 years by refinancing to an interest-only loan.
Here are highlights of our Jumbo loan products*:
- Maximum Loan Amounts up to $2.5 million
- Maximum Loan to Value (LTV) ratios up to 90%
- 100% Gift funds allowed from a family member; otherwise a minimum borrower contribution is 5%
- Purchase, Rate/Term and Cash-Out refinancing (Maximum Cash Out $750,000)
- Minimum 660 FICO score
- Maximum 50% Debt to Income (DTI) ratios
- Fixed- and Adjustable-Rate Options, as well as Interest Only Options
- Primary residences and second homes
- Unlimited financed properties for Primary residence
- Maximum 10 acres
- Eligible borrowers include Permanent and Non-Permanent Resident Aliens**
*Jumbo product features and guidelines vary amongst different Jumbo products.
**Unexpired visa and a minimum two-year history of credit and employment in the U.S. is required.
SENIOR LOAN CONSULTANT/SALES MANAGER,
CALIBER HOME LOANS, INC.
1688 Meridian Ave., Suite 725
Miami Beach, FL 33139