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 Search for: 80% conforming jumbo???? Anyone??.
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klbransom

30 Posts

Posted - 08/07/2008 :  1:49:01 PM
Orange County, CA (declining market?)
SFR Full Doc 80% LTV
Rate/Term 700 mid O/O
482,000 loan amount (605,000 value)
Need full 80%....know anyone?

justinbayle

118 Posts

Posted - 08/07/2008 :  1:59:41 PM
everyone
Ryan Robertson

246 Posts

Posted - 08/07/2008 :  2:19:54 PM
we will do it, give me a call?
Thanks
klbransom

30 Posts

Posted - 08/07/2008 :  2:21:33 PM
That everyone reply was not very helpful. can you name a few? I keep getting limited to 75% LTV or need a 720 everywhere i try.
justinbayle

118 Posts

Posted - 08/07/2008 :  2:32:06 PM

your scenario fits Freddie Mac's conforming jumbo guidelines. Try Chase, rates are decent.
Pat

629 Posts

Posted - 08/07/2008 :  4:09:54 PM
75% ltv is normally for cash out refi on the conforming jumbo. I put into Provident's pricing engine and it prices out with that scenario (including Orange County, CA). You take a .5 hit for that ltv/fico but other than that no problems.
mantixmortgage

2717 Posts

Posted - 08/07/2008 :  5:26:37 PM
we can do it, email me if you'd like to discuss
chriscall

185 Posts

Posted - 08/07/2008 :  5:34:46 PM
We can do this program at 80% for sure. Just recently did a jumbo purchase up to 90%. Please give me a call so we can go over everything and get this submitted.

Thanks,
HMDApproved

694 Posts

Posted - 08/07/2008 :  5:50:11 PM
I will close it next week with the best pricing possible.

Jimmy
732-979-3156
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