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Indymac Announces It Will Resume Funding Prime Jumbos 

Aug 22, 2007By

Per Indymac’s corporate blog, the Pasadena-based thrift said today it will again begin originating prime, single-family residential, full documentation jumbo loans: These prime jumbo products will be available through all Indymac’s distribution channels for borrowers providing full documentation only. The product offerings include 5/1 adjustable rate mortgages (ARMs), 7/1 ARMs, and 15- and 30-year fixed rate products. The following provides the minimum standards a borrower must meet to qualify for these products: