I am looking for a Jumbo construction loan, around $545,000 with a 95% LTV. Is there anything out there?
There is a product that allows for a 95% LTV in some markets that are designated FHFA High balance markets, however Spartanburg, SC is not on this list currently. The property value is also to high for a USDA 100% loan.We have a couple of options for you in your scenario - we offer an option that has a 90% ltv...