Monday, February 8, 2016

Jumbo At A 660 Credit Score…

small-brett-pic2Did you know we have Jumbo products that go down to 660 credit scores?
We do!
For a 660 credit score you would be looking at a max loan to value ratio of 70%, a max debt to income ratio of 40%, and you would need 36 months of reserves.
Keep in mind, this isn’t a non QM “sub prime” jumbo. These jumbos have competitive rates.
Let me know if you think you might need a loan like this.
That’s it for today!
Have a good day today! …and thanks for reading.
Brett

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