Mortgage options?

I can do a 1st and 2nd mortgage to avoid mortgage insurance and also keep your 1st loan amount at 417k so you don't have to go to a Jumbo product. I can pay for all your lender and title fees or about a $2750 credit. Call me at 847-204-7640

You should do 417K first mortgage and take the rest as the second loan or HELOC. You can choose from variety of programs for both loans. I work for PNC Bank and I cover northern suburbs. I can meet you at a branch in Gurnee or any other local branch. You will get both loans from the same lender. Closing costs for the first mortgage can be partially or fully covered. There are no closing costs on the second loan. We offer closing date guarantee so you know you will close in time. Call me at 773-592-3430 for rates and details. Thank you!

depending on your credit score, 30 yr and 15 yr, as well as 10/1, 7/1 & 5/1 ARM programs are available - Angelo C. 847.209.9458

There are Jumbo products that you can do 100% financing on, however it is specific to certain job trades. There's also VA.. and as others suggested $417K first and the rest on a HELOC 2nd. Contact a local mortgage broker, not a bank and apply with them.. they can look at your exact situation and find the right lender for you... WilliamAcres.com

Hi Peter - thanks for the question. You have a few good options here - at first glance most loan officers will suggest the $417k + 2nd Mtg option which is good for many reasons, however do make sure whomever you talk to explains each option thoroughly. They should be providing you a blended rate for the two loans in order to make an apples to apples comparison and at the end of the day tailor a solution to meet your short and mid term goals. I second Bill's advice - go with a local mortgage banker not a bank you'll end up with more options and now-a-days rate and fees are basically the same across the board. Lastly, be careful with 'large closing cost credits' they are typically tied to the interest rate being offered to you which is o.k as long as it's disclosed and you understand how it works - I find most loan officers seem to leave that out. If you have any questions, please feel free to message me. Thanks.--------silvercreekfinance.com

Peter- I do not originate loans outside of California. .... Everyone is quoting you rates without knowing your risk-factors. Those need to be known beforehand. You can see what is involved by going to my website. I have a page devoted to this in Chapter One. .... Best wishes. ... Happy holidays, Rudi