Zillow Advice: Mortgage Types - Are there any Jumbo loans available in the Chicago market for 10-15% down? http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ Zillow Advice | Zillow Real Estate This part of the market has ... http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ This part of the market has opened up a bit so 1 loan jumbo to 90% is common or you can look at a conforming 1st to $417,000 and a 2nd to 90%.<br/><br/>Tom Sat, 19 Mar 2011 02:40:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ 2011-03-19T02:40:00Z I am located in Chicago, ... http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ I am located in Chicago, and we offer both split loan ($417,000 conforming 1st and a 2nd loan for the balance)&nbsp;and 1 loan jumbo portfolio options up to 90% loan to value. There are loan limits and property type adjustments that may require additional down payment. &nbsp; Tue, 25 Jan 2011 03:51:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ 2011-01-25T03:51:00Z Similar to what Frank said ... http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ Similar to what Frank said is available with us except the 75 year arm (I think he meant 7 year).&nbsp; Consider an 80/10 depending on how big.&nbsp; <br/><br/>You may also check with the company you have a large amount in investments/assets.&nbsp; Many of these companies will have a loan program available for their best clients.&nbsp; Tue, 25 Jan 2011 02:19:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ 2011-01-25T02:19:00Z Yes! &nbsp;Superb credit ... http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ Yes! &nbsp;Superb credit is necessary and cash flow to support a debt ratio of around 40%&nbsp; Thu, 20 Jan 2011 19:36:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ 2011-01-20T19:36:00Z YES! Especially if you can ... http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ YES! Especially if you can prove income and have a good FICO score.&nbsp; Call me if you need the name of a good mortgage broker. Wed, 19 Jan 2011 19:27:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ 2011-01-19T19:27:00Z Kenneth I only originate ... http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ Kenneth I only originate loans in California. I didn't realize conforming jumbo was a non-entity in Illinois. That's too bad for folks that have loan amounts in that bracket.<br/><br/>Happy funding, Rudi<br/><br/>&nbsp; Tue, 18 Jan 2011 19:28:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ 2011-01-18T19:28:00Z There are lenders that will ... http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ <p>There are lenders that will do these loans. You just won't see it from the big players.&nbsp; You need a "portfolio lender" that has their own programs.<br/><br/>There is no "conforming jumbo" in IL. Just conforming up to $417,000 for a SFR, and Jumbo for everything over.<br/><br/>Please contact me with any more questions!<br/></p> Tue, 18 Jan 2011 19:06:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ 2011-01-18T19:06:00Z For owner Occupied SINGLE ... http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ For owner Occupied SINGLE FAMILY 10% down you can get the following loans amount based on credit Scores<br/>.<br/>720 plus 10% or 15%&nbsp;down max loan 800K Condo/Tonwhome 550k<br/>700 plus 10% or 15%&nbsp;down max loan 675K Condo/Townhome 500K<br/>680 plus 10% or 15%&nbsp;down max loan 500k<br/><br/>This is one loan with NO PMI, 5 yr arm , 75 yr arm, 10 yr arm and 30 yr fixed rates available.&nbsp; This is a portfolio loan product. Full Income verification only.&nbsp; Mon, 17 Jan 2011 03:43:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ 2011-01-17T03:43:00Z Depends on what you mean ... http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ Depends on what you mean by jumbo. Conforming jumbo loan amounts to $729,750 will go to 90% LTV. Loan amounts over that to $2M will require 20% down. To $3M 25% down. Over $3M 35% down.<br/><br/>Happy funding, Rudi Sun, 16 Jan 2011 22:32:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ 2011-01-16T22:32:00Z It is difficult to find that ... http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ It is difficult to find that type of loan these days, but my web site has some lender references. Others to try are PNC, TCF, Marguette, Perl Mort. Forget the big banks. Look for the smaller ones. Sun, 16 Jan 2011 21:06:00 GMT http://www.zillow.com/advice-thread/Are-there-any-Jumbo-loans-available-in-the-Chicago-market-for-10-15-down/381128/ 2011-01-16T21:06:00Z