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Jumbo Mortgage

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Post Posted: Tue Feb 10, 2009 8:31 pm    Post subject: Jumbo Mortgage
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Does anyone know of any lenders that will do a jumbo loan.
Primary residence worth around 7 million. Would need around 4 million.
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Post Posted: Wed Feb 11, 2009 1:43 pm    Post subject: Jumbo Loans
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A large number of jumbo loans are from local banks using their own money and they only lend locally.
You may get a better response if you note the state and county in which the property is located.

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John Veenstra, Sr Mortgage Consultant
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Post Posted: Wed Feb 11, 2009 4:34 pm    Post subject:
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Biggest question would be worth 7 million when?

If it's still worth 7 million then talk to the big boys in the industry, bofa(countrywide), wells, JP, Goldman, U.S. Bank, chase etc.

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Information given is an opinion, for true legal advice please consult an attorney.
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Post Posted: Thu Feb 12, 2009 7:22 pm    Post subject:
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Yes we work with banks that will lend $4 million. Any one of us here can assist you with that.
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