HIGH RISE MORTGAGE



We provide direct funding for high rise condo and condos. If you need financing or a mortgage for high rise condo or condos you need to call the experts at Luxury Mortgage Group. A Las Vegas high rise is a very tall (usually over 10 stories) building structure. Like High rise apartment building or high rise offices. The invention of the elevator lift and expensive building materials made super tall buildings on the LV Strip are classified as skyscrapers. Average height of high-rise floors are 10-13 feet tall on the blvd. Along with reinforced concrete and steel frame, while residential tower blocks are usually constructed out of concrete. Wynn, Bellagio, Circus Circus and others are all in our hot casino desert.

High Rise mortgage Las Vegas



There are many inspectors, building engineers, and highrise architects involved when building these type structures. High-rise structures pose design challenges for structural and geo-technical engineers, if situated in a seismically active urban city or if the soils have geotechnical risk factors such as high compressibility or bay mud.

SUPER HIGH & LOW RISE JUMBO MORTGAGE



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Jumbo, Large Jumbo, Super Jumbo and Ultra Jumbo Mortgages

Luxury Mortgage group is a direct lender for jumbo mortgages over $417,000.  While the true definitions are not yet standardized, we are shaping the industry by utilizing the following naming convention:

'Jumbo Loans' range from $417,000 to $650,000.

'Large Jumbo' range from $650,000 to $1M.

'Super Jumbo Loans' range from $1M to $10M.

'Ultra Jumbo Loans' range from $10M to $50M.

The following loan programs are available for high rise condos, condo-hotel units (condotels) and luxury homes. 

Higher dollar mortgages (such as ultra jumbo) are not available from traditional lenders.  These types of loans must instead be sold to investors that expect an incentive to purchase these mortgages in the secondary marketplace. Super and Ultra jumbo mortgages make up less than 3% of all mortgages. As such, you need an experienced luxury lender to fund your loan. You need a lender that originates considerable jumbo volume to pass on the volume incentives that the secondary market provides.

When you are ready, give Luxury Mortgage Group a call to setup an appointment at (702) 444-0400 or use the contact form below.

View more info on a Luxury Home Super Jumbo Mortgage or view our Luxury Mortgage Blog with posts on Super Jumbo Mortgages.




Additional Highrise Mortgage Programs:

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