G, Home Buyer in 07093

Mortgages exceeding the new limit of $625$

Asked by G, 07093 Tue Sep 20, 2011

Assume it is possible to get a higher loan amount than $625K with a LTV of 90% post Oct 1 ... interested to understand the implications in terms of conditions, rates, etc.

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Answers

3
The rate is definitely going to be higher. What will be the rate will depend on your FICO, DTI and property.
0 votes Thank Flag Link Wed Sep 21, 2011
In order to receive accurate answers to questions as they relate to your specific situation, it's in your best interest to consult with any loan officer(s).
0 votes Thank Flag Link Tue Sep 20, 2011
Hi, It's best to contact a mortgage professional directly in order to get the correct answers. The banks change criteria everyday.

Chris
0 votes Thank Flag Link Tue Sep 20, 2011
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