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Jumbo Loan With 10% Down All Locations : Nationwide Real Estate Advice

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Showing results for jumbo loan with 10% down [Clear search]
Thu Jul 18, 2013
A.tomaic.07 answered:
Also, we can come up with 10% down. I forgot to mention that.
0 votes 7 answers Share Flag
Sun Jul 7, 2013
marc jablon answered:
Call a mortgage broker that many realtors rely on. Preston Ware 561-329-0075. Or contact him at:

Marc Jablon, The Jablon Team
RE/MAX Complete Solutions
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0 votes 4 answers Share Flag
Wed Apr 3, 2013
Tyler Willis answered:
Hi Alba,

There are plenty of neighborhoods that would fit what you are looking for. For someone to give you solid advice would require a bit more in depth convo as to what your needs may be.

I'm sure you will get plenty of comments and advice here as to what neighborhoods may be around, but like I said; a more in depth conversation is needed.

Since you are new in town I would be happy to hold that conversation with you and take you along on a tour of Atlanta and what different neighborhoods have to offer.

Tyler Willis, REALTOR®
Keller Williams Realty Intown Atlanta
621 North Ave NE, Suite C-50
Atlanta, GA 30308
Office: (404)541-3500
Direct: (678)656-5524
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0 votes 27 answers Share Flag
Sun Jul 21, 2013
Mitchell Hall answered:
Hi John,

Not all banks will loan in HDFC coops. While I don't know all the local community credit unions that may finance in HDFC coops the only major banks that I know of that currently are financing coop loans in HDFC coops are citibank, Chase and Bank of America.

It is possible that an HDFC coop project will only be approved if approved at all by a certain lender. HDFC coops are specific to NYC since they are a NYC "affordable" housing program for "low" and "moderate" income households. Many lenders such as Wells Fargo will not loan in HDFC because of resale restrictions.

Normally, I would agree with the previous comment from the mortgage broker in Texas but as a broker who has listed HDFC coops and has represented both buyers and sellers of HDFC coops a pre-approval from a bank such as Wells Fargo that won't loan in HDFC coops is worthless.

A pre-approval will only show that you as the borrower are qualified to purchase but the building needs to qualify as well. if you decide to purchase an HDFC coop you wasted a lot of time with the wrong bank.

I would love to see the Bank of England finance coop loans in NYC. They obviously are not regulated by FHA and may not have all the rules and guidelines as the Fannie Mae banks but I highly doubt it.


Mitchelll Hall
Senior Associate Broker
The Corcoran Group
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0 votes 5 answers Share Flag
Thu Mar 28, 2013
Don Groff answered:
It depends on how long you plan to be in the house. If you are fairly certain you will be moving and selling a property in say 5 to 7 years then an adjustable rate mortgage could save you money. You really need to look at the math and see how much you would be saving against the risk of you not moving and rates being considerably higher at that time.

It's one of those situations only you can access. I will tell you that currently I am originating a very small percentage of adjustable rate mortgages as compared to fixed rate mortgages these days. I'm sure as rates creep up over the next year or two that will change somewhat.

Hope this helps.

Don Groff | REALTOR® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
o 512.669.5599 | m 512.633.4157 |
websites: |
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0 votes 3 answers Share Flag
Mon Oct 31, 2016
Scott Godzyk answered:
Sam start by getting prequalified with a local and trusted loan officer and hire a good buyer broker who will guide you through each step of the buying process. Havuing a good buyer brioker and a good loan officer can sure reduce the stress ... more
0 votes 24 answers Share Flag
Fri Sep 20, 2013
dustinlauer.sil answered:
I own out east by UCF and work with 2 Brokers doing a lot of deals out there. We have a full service mortgage company and would be glad to help you. We always start clients with the financing, and then show properties. I think you'd be glad to speak with us especially looking for homes in Avalon.

-Dustin M. Lauer

407.900.9080 direct
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0 votes 17 answers Share Flag
Wed Apr 3, 2013
Hi Brittany,
A 10 minute phone conversation followed by providing some income and asset documentation can provide me with enough information to pre-appove you and give you an idea of how much you;d qualify for and what a monthly payment would look like.

Lenders look at income, credit, and down payment as the 3 main factors in approving you.

Once you are pre-approved you can start looking, and once you have an offer accepted the mortgage should take 30-40 days to become fully approved.

Please feel free to give me a call or email me and I can walk you through the steps.


Tony Grech

Loan Officer -NMLS #966417

WCS Lending, LLC

Toll Free: 866.936.5363 ext. 278
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0 votes 6 answers Share Flag
Mon Jun 20, 2016
lendersnetwork answered:
Call me Martha, I can get you a pre approval in AL with under a 600 score but we need to talk first.

0 votes 14 answers Share Flag
Mon Mar 25, 2013
Yes you can buy a home without an an agent, but it could be risky. Call a couple of Title companies & ask them if they help FSBO transactions. They should be able to set everything up for you.

You may also want to consider paying a Realtor to process the paperwork for you since it sounds like the seller does not want to pay for a Realtor's services. There are a lot of potential pitfalls you could be walking into without protection. Usually the Realtor will do this for a minimal fee since you have found the house.Find a title

Good luck with your purchase,

Roswell Moore, CMPS
Certified Mortgage Planner
480-422-5095 direct

We are a Direct Lender, Mortgage Bank where we originate, process, underwrite, fund, AND SERVICE our loans, in-house, with FHA (starting at a 580 score AND still only 3.5% down), FHA Streamline refinance loans (NO minimum credit score, NO appraisal required), HARP 2.0 - No Appraisal Required for Refinance for Underwater Home Values, HomePath, Investor Friendly (10 financed properties), VA, VA Refinance loans (NO appraisal required on IRRRL loans), USDA loans, Jumbo loans, Conventional loans, plus, we allow Escrow Hold-Backs!
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0 votes 14 answers Share Flag
Sun Jul 21, 2013
Olga Friedman answered:
Before beginning your search you should have a general idea of what kind of home you are looking for, taking into consideration your budget. You can speak to a real estate attorney who can go over the entire process with you, access your needs and point you in the right direction. Please feel free to contact me, I would be more than happy to help.

Olga Friedman
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0 votes 17 answers Share Flag
Tue May 14, 2013
Mack McCoy answered:
It is true, and if your credit score is that shaky, maybe it's not ready to carry a thirty-year mortgage commitment just yet.
0 votes 4 answers Share Flag
Wed Mar 27, 2013
It all depends on when your loan was endorsed by FHA. Some lenders take up to 2-3 months to endorse an FHA loan...others do it in 1-2 weeks after funding your loan.

The only way to find out when your originating lender endorsed your FHA loan is to access that information through FHA Connection's portal. When they funded it and when they endorse it are two different dates.

I can do this for you at no cost or commitment to refinance.

If it was endorsed June 1st, 2009 or later, yes, your monthly paid annual FHA MI premium will increase to 1.35% and may eliminate any benefit of refinancing.

If it was endorsed before June 1st, 2009, your new MI rate will be .55. I think you may have .5 right now.

But, on another note, you should really be asking how you can eliminate that monthly paid FHA MI completely by refinancing OUT of that high rate FHA loan and into a conventional loan with NO MONTHLY PAID PMI. Otherwise, you will probably have that FHA MI for about another 5-6 years.

I can show you how to get rid of that FHA mortgage insurance now while you can and reduce your total payment.

You can read more details about the FHA streamline refinance guidelines and rates in the web reference link below.
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0 votes 6 answers Share Flag
Wed Jul 22, 2015
Chris Irvin answered:
You need to talk with your mortgage consultant about this ASAP. You will not be allowed to close a FHA loan on a property whose approval is expired regardless of when the case # was assigned. The good news is that it is not difficult for the HOA to have the community's FHA approval re-newed. This will have to be completed prior to your close date.


Chris Irvin
Mortgage Banker
Brand Mortgage
NLMS 75615/465546
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0 votes 10 answers Share Flag
Sun Mar 24, 2013
Gail Gladstone answered:

If anyone can do it, that would be Brian Tom of Cliff Co Mortgage.

You can reach Brian at 516-448-2434 or email him at
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0 votes 3 answers Share Flag
Mon Mar 25, 2013
Vincent Arnall answered:
I use Michael Kidd. He is very knowledgable.
Michael Kidd
Frontier Lending
210-530-1247 office
210-789-5433 cell
800-558-8297 fax
10010 San Pedro Ave Ste.345
San Antonio, TX 78216 ... more
0 votes 5 answers Share Flag
Mon May 13, 2013
David Mason answered:
These are all good questions for a good lender and I have a list of several I can recommend. I have also compiled a list of rental management contacts for my clients. I would be happy to provide them at your request. ... more
0 votes 6 answers Share Flag
Tue Mar 26, 2013
Barbara Grandolfo answered:
Hi Shannellyabrodie,

Well, much depends on whether the complex is approved for certain types of loans and what sort of financing is acceptable to the seller. However, here are some scenarios 1) FHA loan you will need to put down 3.5% but the complex must be FHA approved and the seller willing to accept this type of financing 2) If you're a veteran, you can get a VA loan with zero down 3) Conventional financing of 20% down 4) Lastly, there are many types of loan programs with as little down as 5%,10% or 15%.

I would suggest contacting a lender in your area and discussing all the various loan options with them to find out which one would work best for you.

Good luck with your house hunting!

Barbara Grandolfo
... more
0 votes 8 answers Share Flag
Sun Mar 24, 2013
Stephen McRory answered:
Move on and stop chasing these Clown Car Full of Horrors Short Sales that don't close! All that time you were waiting on that property, the other homes have gone up in price!

Find a good Foreclosure or Re-sale that can close...and close asap!

See programs below, then contact me to talk about how to minimize payments and reduce out of pocket costs.

1) 100% LTV- VA / (VA Jumbo @ lower ltv)
2) 100% LTV- USDA/12 mo. into Chapter 13 BK…OK Too
3) 99% LTV- FHA / (FHA to 580 score @ lower ltv)

4) 97% LTV- No monthly MI-No FHA 1.75% Fee
5) 95% LTV- CONDO
6) 90% LTV- No PMI -2nd Home
7) 90% LTV- JUMBO w/cc
8) 85% LTV- No PMI - Super Jumbo
9) 80% LTV- Invest./Rental
10) 75% LTV- Foreign Nationals

--------STATED INCOME ALT up to Super Jumbo-----------
11) 80% LTV- FIX n’ FLIP Invest. Prop.
12) 75% LTV- Foreign Nationals
13) 75% CLTV- Short Sale, BK, Foreclosure Forgiveness
14) 70% LTV- Soft and Hard Money
16) COMMERCIAL PROGRAMS-available nationwide

Go to: WWW.PRO-OPTION-COM or call 888-662-4404

Steve McRory
Pro Option Mortgage/ Florida

Prior Service U.S. Marine Corps
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0 votes 8 answers Share Flag
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