I spoke to my Lender, Rich Oakely at Colorado State Bank and Trust and here is what he has available:
My 90% jumbo is available as an 80/10/10 to a max of $781,250. First is $625,000 and a second of $78,125 where we fund and keep both loans for servicing. This is available on an ARM product of 5, 7 or 10 years fixed then adjustable afterwards. For amounts over this I am capped at 80% LVT/CLTV.
If the Buyer is a Physician then I can do 100% LTV up to $750,000 or 90% LTV up to $1mm with NO MI required. This one only works for Medical Doctors and Medical Students in residency. Physicianâ€™s Assistants etc are not eligible.
Please call or email of you need any additional data or have any questions.
Senior Mortgage Banker
NMLS ID# 492665
Colorado State Bank & Trust, N.A.
10026 West San Juan Way
Littleton, CO 80127
(720) 981-6120 Phone
(720) 936-7223 Cell
(303) 566-5327 Fax
Apply Online: www.csbt.com/richardoakley... more