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Looking to get a Jumbo Loan at 90% LTV

We are looking to purchase a new construction in Farmington for $650-700K price and want to get a 90% combined LTV loans (may include home equity etc.)

- single family home for primary residence
- credit score of 790+
- Executive job position (directly report to C level) - can afford mortgage payments

How difficult is it to get a lender to give 90% LTV.

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May 16 2011 - Hartford
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Answers (4)

Difficult, but definitely possible. The lender will need to review all your financials and you'll probably have to give up your first born child.
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June 23 2011
I don't know what county you live in (I'm from NY), but check out HUD.gov to see the lending limits for the area. If the amount you are asking for, falls within the limit you should not have any problem.
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June 07 2011
Hi GB, i could help you with 85% LTV and no mortgage insurance. Mike
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June 03 2011
It should be possible... I'm surprised none of the numerous brokers on here have chimed in yet.



This is not legal advice and is not intended to create an attorney-client relationship.  The post is only an opinion.  You should speak to an attorney for further information.  The poster is licensed only in CT & NY.    If this post is useful to you, please remember to upvote it.

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May 18 2011
 
Related Questions
Looking to get a Jumbo Loan at 90% LTV
Profile picture for Brett And Jen
Latest answer by Brett And Jen
June 23 2011 | 4 answers
  • Asked by gbdtab
  • In Lenders
  • May 16 2011
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