Jumbo mortgages are home loans that exceed conforming loan limits. A Jumbo loan is one way to buy a high-priced or luxury home. If you have a lower debt-to-income ratio and a higher credit score, a jumbo loan may be right for you. The limit on conforming loans is $510,400 in most areas of the country, but Jumbo mortgages can exceed these limits. Whether you are looking for the best credit, or having qualification issue to buy your dream house, this is your final stop. We can help most complicated jumbo loans that most of the Banks or Brokers even don’t touch. Here are few highlights:
✔ Comparative interest rate when you have excellent credit history
✔ Qualify as low as 580 credit score with full document
✔ Up to 95% LTV mortgage loan available
✔ Up to 50% back ratio if DU or LP approve
✔ Existing or new construction jumbo loans
✔ Bank statement loan program (no tax returns)
✔ 40 years financing with up to 10 years interest only
✔ Up to 90% LTV with no MI loan program
✔ Jumbo loan after two years of BK, foreclosure, and short sale
If you have any questions, please contact our Manager Sam Haq at shaq@citylendinginc.com. You may also apply online for faster pre-approval. At City Lending, Inc. we have simple steps to buy your dream home. Thanks again for your time to visit our site and apply online.