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need a jumbo loan in tennessee with fair credit

my credit score is 710 and my wife's is 735. we need a jumbo loan worth $450K by charliesteel89295 from Martin, Tennessee. Jun 9th 2015 Reply

William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,727 contributions

More info would be needed.. but in general, Conventional loans limits are at $417K.. and finding a jumbo with less than 10% down is almost impossible.. We would need to know the sale price and how much you have to put down to advise you properly.. Is the sale price $450K? If so, with $45K down (10%), you don't need a jumbo loan.. 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

Jun 9th 2015
Sean Young (SeanYoung)
#2 ranked lender in Colorado - 1,112 contributions

Is the purchase price $450K or is that the loan amount you need? How much of a down payment do you have? If the purchase price is $450K you only need to pay down to $417K to meet conventional guidelines. However if your buying FHA that may be different depending on the county you are buying in. I would get in touch with a local loan officer and go over all of this information in detail so they can best help find your best option. Best wishes, Sean

Jun 11th 2015
Jamie Lynne (nationwidelenderforyou)
#139 ranked lender in Texas - 576 contributions

We go down to a 660 on JUMBO loans, so we might have options. 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 ,, 800 315 8803

Jun 13th 2015
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