Super Jumbo Loan in GA

Financing, Hard Money Lenders, Private Money
1

Hello,
I am looking for a direct lender that can finance a super jumbo loan up to 1.4M in Georgia, with stated income, verified assets. The scores should be high 600’s to low 700’s.

Ideally this is the structure of the loan I’d like to see, I/O, 100%, no prepayment penalty.

Any feedback, direction or sarcasm is welcome. :wink:

Thanks,
Bethanie

2

That credit spread makes a huge difference. I’d strongly suggest getting together with one of the consultants on this board to have a credit report pulled.

I looked at some matricies and found a couple lenders that would do it with a 680. Any lower and the combo second is going to be hard to find with the dollar volume it requires.

Sent you a PM

3

Try Aurora Loan Services…they are a direct lender and they have great interest only programs for that type of loan and credit score. They are one of the best for stated 100% with large loan amounts. I would have to double check to see if that amount is within parameters, but its worth looking in to. Good luck.

4

Bethanie,

As was noted, your credit score estimation does not narrow the guidelines enough for anyone to give you a solid opinion/direction. There are several lenders that specialize in larger loan amounts, but, they are very particular.

You will probably get dozens of Private Messages regarding opportunities and programs and these PM’s will promise you the World. Take your time and review your options. Do not jump at the first few that come along. DO NOT let everyone pull your credit, as, you will need to have the highest score possible to attain the best program parameters.

Good Luck!

5

Thank you all for your replies, they have been a great help! We are definately going to research our options and see what will accomidate our needs and situation the best.

I appreciate everyone’s time and effort!

Bethanie

6

Best of Luck! :beer:

7

I can entertain your scores as low as 620 mid score… Please contact me for further info.

We can lend direct in GA.

8

Hi Bethanie,

Just by looking at what you said I can give you cash-out to 90%, with a monthly payment of less than 4,000/ month. I may be able to get the other 10% as well, if you were to give me a little more info.

Good luck.