Are you looking to purchase a home in Florida above the $417,000 conforming guideline and do not have the required 20% down payment?
This can be achieved. There is a new loan product in Florida that my company offers for homebuyers up to the $825,000 price range. This product is one loan, up to 90% LTV with No PMI.
Loan Requirements for the Jumbo Loan to 90% Loan to value with No PMI are:
1. 720 or Higher Fico Score
2. No Foreclosure, Short Sale or Bankruptcy in the Last 7 Years
3. Debt to Income Ratios of 41% or Less
4. No PITI Reserves Required to Close
5. Maximum Loan Size of $750,000
6. Primary Residence Only
I can close this loan in 28 days or less and can be completed on new construction homes as well.
Please click on my personal website for more information http://www.tampafloridamortgagebroker.com/ or contact me directly at 813-480-6077 to obtain additional information or to assist you in getting started on your Jumbo Loan home purchase.
A Little Bit About Me
Thanks for reading the article. My name is DJ Rondeau, and I am a Mortgage Loan Originator at Bay to Bay Lending, in Tampa, Florida and serving Future and Current Homeowners all over the State of Florida.
I make my living helping people with Jumbo Loans. There are many ways in which to qualify for Jumbo Loans. Too many people are misinformed about the Jumbo Loan programs, and I am here to make sure that you are told the "straight facts".
My direct office number is (813) 480-6077. If you need to call me evenings or weekends, no problem. I will try my best to answer your call 7 days per week to help you. Remember, "it doesn't cost a penny to talk". Give me a call right now, and I will answer all of your questions. Whether you are a Prospective Client or a Realtor, I hope this post gave you some highlights of one of the many new great Jumbo Loan programs.