Zillow Advice: Mortgage Rates - Need 90% ltv jumbo mortgage in an unconventional scenario. Will County IL http://www.zillow.com/advice-thread/Need-90-ltv-jumbo-mortgage-in-an-unconventional-scenario-Will-County-IL/470189/ Zillow Advice | Zillow Real Estate Not gonna happen...buy and ... http://www.zillow.com/advice-thread/Need-90-ltv-jumbo-mortgage-in-an-unconventional-scenario-Will-County-IL/470189/ Not gonna happen...buy and bail Tue, 11 Dec 2012 16:24:00 GMT http://www.zillow.com/advice-thread/Need-90-ltv-jumbo-mortgage-in-an-unconventional-scenario-Will-County-IL/470189/ 2012-12-11T16:24:00Z If that scenario could work, ... http://www.zillow.com/advice-thread/Need-90-ltv-jumbo-mortgage-in-an-unconventional-scenario-Will-County-IL/470189/ If that scenario could work, millions of other folks in the past 6 years would be in better shape than they ended up in. Mon, 03 Dec 2012 13:27:00 GMT http://www.zillow.com/advice-thread/Need-90-ltv-jumbo-mortgage-in-an-unconventional-scenario-Will-County-IL/470189/ 2012-12-03T13:27:00Z XMR,I feel your pain on this ... http://www.zillow.com/advice-thread/Need-90-ltv-jumbo-mortgage-in-an-unconventional-scenario-Will-County-IL/470189/ XMR,<br/><br/>I feel your pain on this one. However, a 90% Jumbo Loan with a DTI that is high most likely isn't going to work. Especially considering your current home's situation. Mon, 03 Dec 2012 03:35:00 GMT http://www.zillow.com/advice-thread/Need-90-ltv-jumbo-mortgage-in-an-unconventional-scenario-Will-County-IL/470189/ 2012-12-03T03:35:00Z I am pretty sure that this ... http://www.zillow.com/advice-thread/Need-90-ltv-jumbo-mortgage-in-an-unconventional-scenario-Will-County-IL/470189/ I am pretty sure that this will not be possible. You should try contacting a few lenders though to confirm. Mon, 03 Dec 2012 02:23:00 GMT http://www.zillow.com/advice-thread/Need-90-ltv-jumbo-mortgage-in-an-unconventional-scenario-Will-County-IL/470189/ 2012-12-03T02:23:00Z Many would love to do exactly ... http://www.zillow.com/advice-thread/Need-90-ltv-jumbo-mortgage-in-an-unconventional-scenario-Will-County-IL/470189/ Many would love to do exactly what you propose therefore it is pretty conventional thinking.&nbsp;&nbsp; Fortunately (for the rest of us who get stuck paying the bills) lenders have a number of guidelines so that they don't get stuck with "buy and bail". &nbsp; These are&nbsp; a consequence of increased lending regulations over the last few years. &nbsp; Therefore,&nbsp; the only lenders you will find to consider mortgage fraud will be those who are violating the federal laws. <br/><br/>Why not do this step by step.&nbsp;&nbsp; First do your strategic default , short sale (if qualified) or foreclosure.&nbsp;&nbsp; Talk with your attorney and accountant about the consequences, and how to get back into a purchase the most efficient way.<br/><br/> Mon, 03 Dec 2012 01:04:00 GMT http://www.zillow.com/advice-thread/Need-90-ltv-jumbo-mortgage-in-an-unconventional-scenario-Will-County-IL/470189/ 2012-12-03T01:04:00Z