Financing in Scottsdale>Question Details

Rickbrown888, Home Buyer in Scottsdale, AZ

I have a question about buying in the US as an overseas expat. Any mortgage brokers out there that can help with a jumbo loan? We want to purchase a

Asked by Rickbrown888, Scottsdale, AZ Tue Apr 20, 2010

2 MM home with 20% down. I am a US Citizen. Moving back in 2-3 months.

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I know several banks that will do the deal... most of the best MM morgages are not available thru brokers. Will be happy to put you in touch with the right people. Let's talk...

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RE/MAX Excalibur Realty
8510 E. Shea Blvd, Suite 100
Scottsdale, AZ 85260, USA

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0 votes Thank Flag Link Tue Apr 20, 2010

Check with Dana Child at Smart Financial - He will be very happy to help you. His contact information is:

Dana Child
Smart Financial Mortgage

Should you need assitance with locating and researching your dream home, I am a North Scottsdale expert and will be happy to work with you.

Joseph Domino
(Office) 602-503-4194
(Mobile) 480-390-6011
(Fax) 602-503-4194
0 votes Thank Flag Link Tue Apr 20, 2010
Hi Rick,

There is a way to structure a Jumbo loan with 20% down. We are a direct lender that has such a program. If you'd like, you can contact me to discuss further. My contact info is also located on my site.
Web Reference:
0 votes Thank Flag Link Tue Apr 20, 2010
The guidelines have changed regarding down payment requirements for Jumbo loans.

2mm will require a down payment of 25 to 30% in this post-mortgage meltdown market.

Good Luck!

Gerry Dunn
Associate Broker
Serving Maryland, DC and Northern Virginia
0 votes Thank Flag Link Tue Apr 20, 2010
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