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
