Home Buying in 94582>Question Details

Anil, Home Buyer in San Ramon, CA

Jumbo loan in CA with less than 20 percent down

Asked by Anil, San Ramon, CA Mon Jan 7, 2013

Looking for loan options .. For upto $1mm house, 10-15 percent down .. $260k salary , 790 fico
In 94582 .. No debts.

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Answers

10
Sheryl Arndt’s answer
Hello Anil, I have some options but not quite up to 1 million. The maximum FHA loan limits is $729,750 but you need to have $22% down to avoid mortgage insurance on an FHA loan. Here are some links to study and consider. It only takes a few dozen questions to qualify you in minutes. I can get you up to $850k. The maximum loan limit for conventional is $625,500 and then 20% down up to 2 million.

http://www.under640ficoscoreloans.com/Pages/Conventional.aspx

http://www.under640ficoscoreloans.com/Pages/JumboLoan.aspx

http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
20+ Years Experience
DRE# 01140252
NMLS# 297251
760-486-4225
9am till 9pm 7 days
0 votes Thank Flag Link Tue Jan 8, 2013
10% down with a 720+ credit score Jumbo loan product is offered by a couple mortgage brokers I know, check out our site or email me if you need a referral.
1 vote Thank Flag Link Tue Nov 12, 2013
Anil: We can go 10% up to 850k loan amount.
That takes you to 945k purchase price.
15% would get you to $1M.
No MI.
0 votes Thank Flag Link Mon Apr 21, 2014
Hi Anil,

Yes you can. We have a traditional 80/10/10 program available (with the 2nd being a fixed rate or a Heloc option). We also can do a 80% first mortgage with 10% down and the remaining 10% coming in the form of down payment funding through First Rex. This 10% has no payment! It helps you afford more home, have a lower monthly obligation, and keep more reserves in the bank. I would be happy to share more information if you are interested.

Regards,

Mark DeWitt
V.P. Branch Manager
HomeStreet Bank
(858) 212-7054 Direct
(760) 331-2063 Fax
NMLS #633211
Mark.DeWitt@homestreet.com
0 votes Thank Flag Link Fri Jan 24, 2014
Anil,

I have used PMG for a client of mine with similar situation. My clients were very happy using there services. I suggest you contact them.
0 votes Thank Flag Link Tue Nov 12, 2013
Ali: I know this is an old post, but we recently received a product that will let us go 90% to loan amount of $850k and 85% to $1.1M. No MI.
Lets talk if you are interested. claudia@divmg.com
Flag Mon Apr 21, 2014
We finance all types of loan programs at a simplified interest rate of 4%. Please contact us today for your requested loan amount.

Email #: brooks.fncss@live.com
Tel #: (724) 318-5092

{Only serious inquiries}
0 votes Thank Flag Link Tue Nov 12, 2013
Hi anil

we have jumbo loans with 15 % down with out MI

Omar Khamisa
Mortgage Loan Manager
Omar@MSJMortgage.com
NMLS#: 369325
Cell: 510-648-5535
Web Reference: http://msjmortgage.com
0 votes Thank Flag Link Thu Nov 7, 2013
This kind of loan should be doable.

Per my husband who is a loan officer, he does jumbo loans. and has programs to do 10% down or still get fairly creative.

if you need a few contacts please send me an email and I can refer a few loan officers for a competitive bid.

Joanna@vololaw.com
0 votes Thank Flag Link Thu Aug 29, 2013
Hello Anil, I do have 10% down with your fico score up to 1 million. It is a full documentation loan structured with a fully ammortized first and a HELOC second. Qualify in minutes.

http://www.under640ficoscoreloans.com/Pages/Conventional.aspx

http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
20+ Years Experience
DRE# 01140252
NMLS# 297251
760-486-4225
9am till 9pm 7 days
0 votes Thank Flag Link Tue Jan 8, 2013
Nail. I can up to 1M at 85%.
$625k first with $225 HELOC second loan.

I am located in Pleasanton if you would,like to discuss in greater detail.

Cgravelle@diversifiedmg.com.
0 votes Thank Flag Link Tue Jan 8, 2013
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