This week, Parkside Lending launched a new jumbo mortgage that only requires a five percent down payment. Yes, jumbos up to 95% LTV. Generally, jumbo loans require much larger down payments (20-30% or more) than conforming loan amounts because the loan amounts are larger and may put more risk on the lender.
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Jumbo Loans To 95% LTV With No Mortgage Insurance – LENDER LINE is currently offering jumbo loan to 95% LTV with no mortgage insurance under the following conditions:. The property must be located in the State of California. 95% LTV to $1,500,000 loan amount. 85% LTV to $2,000,000 loan amount. SFR, PUD, and warrantable condos only at 95% LTV.
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The New 5% Down Jumbo Conventional Mortgage With No PMI. – The 5% down Jumbo Conventional mortgage with No monthly mortgage insurance "PMI" is a terrific financing option for borrowers who want to purchase a home or refinance. For example, it will allow buyers to purchase a home up to $640k in San Diego or $675k in LA with only 5% down, and have the option of No monthly PMI.
Just Approved: Jumbo reverse mortgage paves way for financial security – Loan officer: John Holmgren, Holmgren & Associates. Property type: Townhouse in Oakland. Property value: $1.065 million. Loan amount: $547,410. Financing terms. Fortunately, I offer non-FHA “jumbo”.
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We’ve simplified the mortgage lending process, and not just for conforming loans, we have excellent options for higher loan amounts as well. We offer some creative financing solutions including bank statement loans for the self employed, up to 95% financing options with no mortgage insurance, and interest only loans. Non Conforming Jumbo Loans
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95% LTV Jumbo Loans | Fast Hard Money Loan – valorlending.com – Valor Lending group offers multiple types of Stated Income Loans.We offer 5% down Jumbo Loans up to $1.5mm & 10% down Jumbo Loans up to $2.5mmWe save deals! Typically funding your fast hard money loan (bridge loan) in 5 – 10 day without an appraisal.
No PMI to 95% | American Loans – No mortgage insurance (can save you up to $360 a month PMI) on loans up to 95% of the value of your home; For Refinancing and getting rid of your current Mortgage Insurance; For Purchases with only 5% down payment; Rates as low as 3.750%; Zero Closing Costs option available; Up to $417,000 minimum score 620 (please call us on ways to increase your scores)