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Looking for a jumbo loan in orange county california after short sale and chapter 7 BK

The short sale and BK were discharged 5 yrs ago . no late payments since bk 695 score . Looking for a 900k loan with 30% down payment. Is it possible . Thanks by steves269 from , California. Jun 13th 2015 Reply


Yes, I have a loan for that. About 7 to 7.25% 30 years fixed with only 20% down needed. Todd Windes661-342-5988

Jun 13th 2015
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John A Soricelli Jr (John A Soricelli Jr)
#132 ranked lender in California - 151 contributions

Yes this is absolutely something available. When you are 5 years out from a BK and short sale we have loan programs which offer interests rates as if this never happened, even with your credit score. We have 30-year fixed, Adjustable rate and interest only loan programs available. We specialize in jumbo lending and have portfolio loan programs available. Please feel free to call me at your convenience to discuss your specific scenario. You can also visit our website: www.ThinkJandJ.com 949-478-FUND (3863) John Soricelli

Jun 13th 2015
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,045 contributions

Jumbo financing is not like conventional financing.. with conventional, there is a standardized set of conforming guidelines.. everyone offering conventional will have to meet the minimum standards plus any lender added guidelines to qualify.. but with jumbo, there is no standardized set of guidelines.. each lender offering jumbo can have their own rules.. but most will require you have no BK or short sale for 7 plus years.. that being said, for conventional financing, Orange county has a $625K maximum loan amount. But with a sale price of $900K at 70% LTV, your at $630K financed.. or just $5K over.. so I would contact a local mortgage broker and apply for a conventional "High Balance" loan of $625K.. no need for Jumbo, plus conventional rates are actually lower than Jumbo.. 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

Jun 15th 2015
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Jamie Lynne (nationwidelenderforyou)
#144 ranked lender in Texas - 575 contributions

We have 1 day out of BK, Short Sale and Foreclosure programs. Let's discuss your loan scenario! My number is 800 315 8803 and my name is Jamie. I have been lending nationwide since 1989 and am happy to answer your mortgage questions. Jamie - NMLS 850582 , www.bartprequalifies.com, 800 315 8803

Jun 16th 2015
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Bill Cook (loanpro)
#633 ranked lender in California - 43 contributions

This is definitely a loan we can do from what you described. You can even put down 20% instead of 30%. We just did one where they were only 2 years out and got them a 5 Year ARM at 6.375%. Dsiclaimer: Each borrower's situation is different. Apply at loanshoppers.net and speak to William

Jan 10th 2017
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