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Can anyone do a Jumbo renovation loan? Purchase of $825,000 with $500,000 in renovations? How much of a downpayment?

by mlein68 from Naperville, Illinois. Apr 9th 2014 Reply


John Moran (SimplifyMortgage)
#7 ranked lender in Arizona - 663 contributions

I have a lot of great jumbo loan products here in Arizona, but a renovation loan is not one of them, unfortunately. I would happily point you in the right direction of someone who is, but I'm not aware of anyone who offers that right now. We do have 10% down options, loan amoutn to $3 million, credit scores down to 680, etc. If you want to discuss available jumbo loans, you can reach me at 480-368-7715. Have a great day!

Apr 9th 2014
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Yes we can on our lending portfolio. We do construction financing. I can be reached @ 630-687-5800

Apr 9th 2014
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Also. Out main office is in St. Charles, IL

Apr 9th 2014
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Hi there, I am a local reputable lender, and we have a loan for you. We can do this with only 30 percent down, provided you have excellent credit and good cash flow.please contact me if you are interested in hearing more.

Apr 9th 2014
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