NexBank SSB has introduced a jumbo residential mortgage loan, ranging from $1.5 to $10 million.
"For the last few years, rates have spiraled out of control, to the point that making home loans didn't make good business sense," said Davis Deadman, CEO and president of NexBank. "We've bided our time, waiting for the opportunity to make competitive loans to the right customers, and are now willing to fill the voice recently created by the turmoil in the credit markets, in order to best serve our customers."
NexBank SSB is a bank based in Dallas. For more information, call (800) 827-4818 or visit www.nexbank.com.