Our broker says the best we can do on jumbo is 30-35% down. Any suggestions to get us to 10-15% down?

Asked by Daniel Leis, Scottsdale, AZ Mon Mar 2, 2009

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Kyle, , Scottsdale, AZ
Tue Jul 14, 2009
I specialize is jumbo mortgages and luxury homes, we can offer up to 90% financing (10% down) up to 600k loan amounts, higher case by case.

More typical however is 80% financing up to $1M

and 70% for loans over $1M

Contact me direct for more specifics and case by case answers -

Kyle@novahomeloans.com 480.628.1943
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Lori Chasse, Agent, Glendale, AZ
Mon Mar 2, 2009
Contact me and I can connect you with someone in Scottsdale who can help you.
Web Reference:  http://www.lorichasse.com
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Brian Carden…, Mortgage Broker Or Lender, Scottsdale, AZ
Mon Mar 2, 2009
You can definitely do better than 30-35% down. If your loan amount is up to $900,000 you can get 25% down. However, there is nothing out there that will allow 10-15% down these days. If you'd like some more specific options for your situation, please let me know. As a broker with over 15 years experience, I'll put all my experience and resources to work for you.

Brian Cardenas
President, Antigua Capital Funding
Phone: (480) 515-1491x1
Email: brianc@antiguacapital.com
0 votes
Marty S, , Irvine, CA
Mon Mar 2, 2009
It all depends on the property, and the loan amount. Sit down with a trusted mortgage broker and discuss your options.

I am a mortgage broker. If I can be of service, please let me know!

Martin Smith

Precision Funding
877-238-6324 Ext 704
877-238-6324 FAX
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