Super jumbo 80% LTV in California

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Icon Mini Profile kbsmex




Joined: 03 Jun 2009

Posts: 2

1.84 Dollars($)
PostPosted: Wed Jun 03, 2009 10:04 am    Post subject: Super jumbo 80% LTV in California

Do you have a super jumbo loan available with 80% LTV, full doc? Credit score 760.
Icon Mini Profile jenkin7
jenkin7



Joined: 04 Jun 2007

Posts: 3317
Location: Hawaii
492.11 Dollars($)
PostPosted: Wed Jun 03, 2009 11:52 pm    Post subject:

Hi kbsmex,

The super jumbo loans are considered to be high risk loans by the lenders. They offer these loans only to those who have a very good credit and payment history. You also need to show good income to qualify for these loans. You are required to put a considerable amount of down payment which can go up to 30%.

There are lenders in this community who offer loans in California. You can ask for a no obligation free mortgage quote from them. They check your credit, income, DTI and other factors and offer you a free mortgage quote, if you qualify for the loan. This will help you know if you qualify for a super jumbo loan and in case you do qualify, you will get to know what rates and terms you can avail yourself of.
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