High-end homebuyers can now qualify for non-QM jumbo loans with credit scores down to 550 FICO, and no income documentation is required. No federal income tax is required. This forum will cover the frequently asked questions...
View more
-
All Discussions
-
-
-
-
-
-
I filed bankruptcy and got it discharged two years ago. I know different loan programs have waiting period after Chapter 7 Bankruptcy. I worked hard in re-establishing my credit and am successful with my job as a digital media marketing consultant. I can put $300,000 down payment on a home purchase and want to buy a $1.2 million dollar luxury home. I am worried about qualifying for a jumbo loan after Chapter 7 Bankruptcy due to the waiting period requirements. How many years will you have to wait after filing Chapter 7 Bankruptcy for Jumbo loan?
-
-
-
What types of jumbo loans are there, and what are the lending requirements to qualify for jumbo loans?
-
-
Jumbo loans are home loans that exceed the maximum conforming loan limit of $726,200. To be within the conforming loan limit is required to qualify for conventional loans. Any loans exceeding the 2022 conforming loan limit of $726,200 set by the FHFA are referred to as non-conforming loans or jumbo loans.
-
-
What are jumbo loans? How does it work? Which mortgage lender do you go to get qualified and pre-approved on jumbo loans?
-
-
-
-
You must be logged in to create new discussions.