Posted on: 07th Dec, 2007 01:59 pm
customer has 660 score and good assets
Hi,
I think to qualify for a jumbo loan; your customer should have a higher credit score. After the crisis in the sub prime market, lenders does not allow jumbo loan with low credit score. Generally more than 720 credit score is good enough for Jumbo loan.
Take care,
Larry
I think to qualify for a jumbo loan; your customer should have a higher credit score. After the crisis in the sub prime market, lenders does not allow jumbo loan with low credit score. Generally more than 720 credit score is good enough for Jumbo loan.
Take care,
Larry
Hello,
You can opt for the 30 year with interest only feature but the interest rate will be higher as credit score is low.
You can opt for the 30 year with interest only feature but the interest rate will be higher as credit score is low.
at anything higher then 75% ltv you will need better score
