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Jumbo load CA 80/10/10

We need a jumbo loan with credit of 680-690 CA on a 80/10/10 structure - need loan quickly! Advice?
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April 15 - Irvine
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Answers (6)

What is the purchase price? With a score under 700, you'll have to go with one loan at 90% LTV.
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April 16
Best option I know of for that Fico is one loan to $850K, 90% LTV with PMI. For 80/10/10 you need a 700 minimum. There could be an option to do a quick credit rescore to get you to the 700, but would need to analyze your credit and run a simulator to tell you exactly. If you have any additional questions you can visit my profile where you will find my contact information. All the best!
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April 15

Mr. Flanigan-

Have you spoken with a lender at this point? Is there a reason you have your heart set on the 80/10/10? What is the purchase price and loan amount you are looking to obtain? I may have a product available that will fit your needs but I would need more information to know if you will fit the guidelines of the product.

Best of luck,

Andrew

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April 15
What's the purchase price?
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April 15
You have better options in my opinion.  90%, one loan, no MI.  Rates as low as the 3% range.  Qualifying is easy as well.
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April 15
i only know of 80/5/15 jumbo loans. can you come up with the extra 5% down?
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April 15
 
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