Tips on obtaining jumbo mortgage

Categories: Mortgage

We are about to enter contract on a 2 family in Brooklyn. We have excellent credit and enough cash for 25% down if necessary. The amount we need to finance is about $900k (after downpayment), so we will be over the FNMA conforming limits. Does anyone have any tips on banks that are providing 75% or even 80% up to $1MM?

By iwannabrownstone | 03/16/2009 12:22 AM