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 Search for: Jumbo 90% refi in CA, anyone?.
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proloans

102 Posts

Posted - 05/23/2008 :  11:40:07 AM
Here's the scenario for this California property:

R/T Refi
$486,000 loan amount
90%ltv
SFR
O/O
720+ Ficos
30 year fixed
Full Doc or stated

Need high DTI limits or Interest Only

Any ideas?
sfentress2

246 Posts

Posted - 05/23/2008 :  11:54:20 AM
try New South Federal www.newsouthfederal.com
IFox

315 Posts

Posted - 05/23/2008 :  12:16:57 PM
What's the zipcode?
proloans

102 Posts

Posted - 05/23/2008 :  12:19:06 PM
The Zip code is 92071.
aaron1976

636 Posts

Posted - 05/26/2008 :  7:40:23 PM
I would go to First Horizon. You can probably get a rate in the high 5s on a 30 year fixed or low 5s on a 5/1. Their DTI is 45% though; there is no more stated on conforming jumbo. The only way to go stated is to use a non-conforming product and your rates go into the high 7s and low 8s at that point.
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