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StephenF
Nitroglycerin


Joined: 08 Dec 2007
Posts: 981
Location: New Jersey

JUMBO Refi / True 2nd Home
PostPosted: Mon Jun 07, 2010 8:00 pm Reply with quoteBack to top

Looking for R/T Refi for JUMBO True Second Home - Stone Harbor, NJ

Loan Amt: $1M
Est Value: $1.75M
Full Doc
740+ Credit

**Note: Home has been listed for sale over winter months (not uncommon for area)

_________________
“During times of universal deceit, telling the truth becomes a revolutionary act”
– George Orwell
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achtung
Nitroglycerin


Joined: 03 Jun 2010
Posts: 716
Location: Germany

Re: JUMBO Refi / True 2nd Home
PostPosted: Mon Jun 07, 2010 11:38 pm Reply with quoteBack to top

You might try US BANK

Jumbo: 90% Max CLTV
Learn More

• 90% LTV/CLTV up to $800,000
• 45% debt to income (50% on fixed rate refinances)
• No rate adjustment to $1,000,000
• Purchase & refinance
• ARMS, I/O, & fixed terms available
• YSP available up to 2 points
• Second homes to 80%
• SFR, duplex, townhome OK to $900K. Condo, 2-flat, row home to $700K
• 1st/2nd combos available
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silversword
Guest





Re: JUMBO Refi / True 2nd Home
PostPosted: Wed Jun 09, 2010 2:44 am Reply with quoteBack to top

Try to determine from a so called lender whether they are going to loan you their money or depositers money. Understanding who the creditor and the debtor are in the transaction is most important. Banks are not allowed to loan money or credit, its in their charter.
LoanGalV
Dud?


Joined: 26 Jun 2010
Posts: 3

Super Jumbo
PostPosted: Sat Jun 26, 2010 1:20 am Reply with quoteBack to top

Hi Stephen:

This is a super-jumbo not a jumbo. Mortgage Base offers super jumbos to $100M. Their website is http://www.mortgagebase.com
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Robin
Sentinel


Joined: 30 Aug 2007
Posts: 3416
Location: Loveland, OH

Re: JUMBO Refi / True 2nd Home
PostPosted: Sat Jun 26, 2010 4:23 am Reply with quoteBack to top

So which is it, LoanGalV? Peoples' Choice or this outfit? Are they one and the same?
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MakingIt
Nitroglycerin


Joined: 04 Dec 2007
Posts: 629

Re: Super Jumbo
PostPosted: Fri Jul 02, 2010 5:43 am Reply with quoteBack to top

LoanGalV wrote:
Hi Stephen:

This is a super-jumbo not a jumbo.


Super Jumbo's are over 2 million for most lenders.
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John Burkel
Flash in the pan


Joined: 01 Oct 2009
Posts: 30
Location: Dallas TX

Re: JUMBO Refi / True 2nd Home
PostPosted: Fri Jul 09, 2010 12:33 am Reply with quoteBack to top

Try Advancial Mortgage we loan up to 3mm in this scenario.

John Burkel 972-201-1645

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Contact John Burkel 972-201-1645 or 214-557-9152.
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