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What is the maximum LTV cap for refinancing a jumbo loan?

In general by VBelmonte from Richmond, Virginia. Feb 4th 2013 Reply


Steven Ceceri (123LoanYes)
#12 ranked lender in Rhode Island - 723 contributions

Please send me more details offline if you'd like, such as Credit Score, Property Type, Occupancy (owner or investment), County and State as well as the Approximate Loan Amount needed. I'd be happy to do some research without any obligations at all. Thank you!

Feb 4th 2013
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William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,728 contributions

There's just so much that is considered when doing a jumbo loan, there's really no "General" terms.. We have one lender that will do 100% if you're a Dr., Lawyer, Dentist, or CPA... Under $1M, you can refinance at 80% LTV no problem.. Some lenders will go 90%.. Over $1M, then it's starts going down.. Some as low as 65% LTV.. Property type (condo vs SFH), Credit scores (760+ Ideal), Debt to income (<40% Ideal) and loan amount, all play into what the maximum LTV is, so every loan will be different.. 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. 480-287-5714 WilliamAcres.com

Feb 4th 2013
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Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

All loans are different and if the home ins located in an are that can qualify for an FHA jumbo then you could go up all the way to 97.75%. Talk to a couple different LOCAL lenders and see what their guidelines are.

Feb 4th 2013
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Joe Shamie (Joe Shamie)
#4 ranked lender in New Jersey - 1,412 contributions

It depends on where your property is located, credit score and several other factors. You can call me at 866-970-3400 x-274 and I can let you know once you have provided what need to give you an answer. Joe Shamie.

Feb 4th 2013
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Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions

More info is needed it can be as high as 97.75% if you use an FHA loan.

Feb 4th 2013
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Justin Egan (JustinEgan)
#26 ranked lender in Connecticut - 4 contributions

It depends on the loan amount your are looking for, what is the approximate loan balance?

Feb 4th 2013
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Garett Hyman (GarettHyman)
#42 ranked lender in Michigan - 14 contributions

Depending on the location the maximum LTV on a jumbo can be as high as 97.75%. For conventional under 1MM I am able to go to 80%.

Feb 4th 2013
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