Ultra Jumbo & Ultra Jumbo DU
NEW – The adjustments are now applied to pricing, no longer to rate! Check out this exceptional program!
Fourth of July Schedule
Wednesday, July 3rd
Lock Desk: Close Early at 11am
Funding: Cut off at 12pm
Office: Close Early at 3pm
Thursday, July 4th
Friday, July 5th
Open Regular Hours
Effective July 1st
Agency, FHA and VA products
Pre-locks will require a 45 day lock-period with a maximum 3 business day delivery.*
If loan is not fully delivered within the 3rd business day, the lock will be suspended on the 4th business day, and will be eligible for worse case pricing when re-locked.
For 30 day locks, the loan must be in “processing” status or later.
The Mega Capital Pricing Engine within the Broker Portal will prevent lock requests outside of these parameters.
Please refer to Page 5 of the Mega Capital Lock policy for further details on all programs.
Contact your Account Executive with any questions.
Thank you for your business!
*Locked on Monday must be delivered by end of business day Thursday.
(Delivery means complete loan package: income, assets, etc. has been uploaded to document list)
Initial Disclosures can be generated through the Broker Portal for all conventional products. No signatures needed.
Mega Capital Funding will have the following schedule in observance of Memorial Day:
Friday, May 24:
Lock Desk Will Close at 11am.
Funding cutoff time will be 12pm.
Office is open until 5pm.
Monday, May 27:
Mega Capital will be closed.
Coming soon: Brokers will be able to order their Closing Disclosure online.
Coming soon: Generate the initial disclosures through the Broker Portal for all conventional products. No upfront signatures needed.
Licensed by the California Department of Business Oversight under the California Financing Law License. AZ #1001176