Jumbo Mortgages

JUMBO MORTGAGES

CONVENTIONAL JUMBO PROGRAMS:

80% of value or purchase price, whichever is lowest.
Permanent resident aliens allowed.
45% debt to income ratio allowed
6 months reserves required
minimum 700 middle score required
Full doc underwriting required

NON CONVENTIONAL JUMBO AGENCY PROGRAMS:

No Mortgage Insurance to 90%
Up to $1.5 million

$1,500,000 loan amount available to 60% LTV
$1,200,000 loan amount available to 70% LTV
$900,000 loan amount available to 80% LTV/CLTV
$800,000 loan amount available to 90% LTV/CLTV
90% LTV available with no private mortgage insurance
Adjustable and fixed rates available
Refinance and purchase transactions available
Financing available for properties one day off MLS
Full documentation only & Good Scores required
Owner occupied properties
Any licensed appraiser is fine.

Contact: Joseph Failla 917 294 1506 or Email: ffunding@aol.com

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