Jumbo Home Loans
Many affluent home buyers are unaware that payment or debt repayment history is not as important as the likelihood of continued success in a chosen profession.
Underwriters must look towards this primary factor when reviewing a borrowers financial picture. Certain industries experience economic conditions that are temporary reflections of the economy as a whole.
These sectors, such as wall street, can have significant temporary impacts on those affected by layoffs, bonus cuts, as well as investors who have seen hundreds of thousands in losses from their holdings.
These facts are taken into account during the mortgage process to insure a successful transaction for all parties involved.
This means, yes, you can get financed with a 620 credit score while still getting a great rate and high LTV or CLTV loan.
You can learn about the range of Jumbo products offered through reviewing the loan programs section, or you can call us using our toll free number.
