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interest rates for jumbo loans?

Hi lenders, I have enough money to do a 10% down payment on an asking price of $650,000. what interest rates on a jumbo loan can i get with a credit score of 780 by kenmarbles2200718 from Buena Park, California. Apr 3rd 2015 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Rates are great right now, but no loan officer with any integrity would ever throw out a rate without knowing all the details of your loan parameter.. Credit score, credit deficiencies, income, debt, debt to income, loan amount, down payment percentage, property type, etc, etc, etc.. so much more info would be necessary that it would incompetent for anyone to quote you without knowing all the details.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Apr 3rd 2015
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Michael Harris (United)
#740 ranked lender in California - 16 contributions

Your loan may not be a Jumbo Loan. There is a possibility of being a High Balance loan for your marketplace. Depending on your credit score you may able to obtain a loan for under 4%. There are Jumbo loans that can be done if that is determined for your marketplace. Details are the key...please call me directly at 805.530.1199Michael A. Harris | CEO United Mortgage Corporation of America

Apr 3rd 2015
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YOGESH SHAH (yogesh55)
#742 ranked lender in California - 7 contributions

the rate for 30 years is 4.125% - zero point and no MI. Yogesh Shah - Easy Financial - 714-936-5300

Apr 3rd 2015
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Sean Young (SeanYoung)
#1 ranked lender in Colorado - 1,112 contributions

Interest rates are pretty awesome! However, there is no way to tell you what an exact rate is because there are too many variables and rates are based on your specific situation. Best to contact a local loan officer or two and have them give you an accurate rate after you share your information with them. Best wishes, Sean

Apr 6th 2015
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