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Requirements for Purchasing a $3 Million Super Jumbo Mortgage in Colorado

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Icon Mini Profile suzebusiness





Joined: 02 Feb 2010

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Post Posted: Tue Feb 02, 2010 3:11 pm    Post subject: Requirements for Purchasing a $3 Million Super Jumbo Mortgag
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Looking to purchase a $3 million home on 21 acres in Breckenridge, Colorado. The home is worth well over $4 million. What is the best LTV that I can get with SIVA, and what are all of the requirements I need to complete in order to qualify? I need to know before entering into a contract... all possible scenarios, please.
Icon Mini Profile jveenstra
jveenstra
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Post Posted: Wed Feb 03, 2010 8:49 am    Post subject: Colorado
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To the best of my knowleddge, there are no SIVA mortgages available in Colorado. But, I am not a Colorado expert.
I suggest trying to contact Bill Kidwell, 2007 President, CVolorado Association of Mortgage Brokers, 2006 Colorado Mortgage Broker of the Year, and ask him. I do not have his contact information. Google his name. I do not know him. He wrote an article in the monthly mortgage Niche Report, which i just read yesterday, so, his name came to mind.

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John Veenstra, Sr Mortgage Consultant
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