Requirements & Qualifications for Jumbo Mortgage Loans | |
Due to the size of the loan amount, there are more stringent guidelines pertaining to jumbo loans. At ALT Financial Network, Inc., the best jumbo mortgage broker will help you acquire the loan. As for the requirements and qualifications, you need to a credit score of above 700 or higher. You need to be financially strong, too. When applying for a jumbo loan, the maximum debt-to-income ratio is 45% and reserves can be as high as 20% of the value of the loan. | |
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Target State: California Target City : Santa Ana Last Update : Nov 06, 2024 1:51 AM Number of Views: 17 | Item Owner : Alex Volkov Contact Email: Contact Phone: 07147516666 |
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