Super jumbo mortgages

Jack Kasavi
Vice President of Lending I Pan Am Mortgage
261 Madison Avenue, 25th Floor
New York, NY 10016
Direct: 646-442-4056
Fax: 646-390-6324
Jack@panamloans.com

Good guy and been in the biz a long time, just worked on a 75/25 for me and had a few options.

That really shouldn't be an issue to obtain. Feel free to email me at nycmortgage@gmail.com and we can chat offline.

Why are you buying without making a downpayment?

Who said I'm not making a downpayment?

ignore alpo. He doesn't understand math, or what a mortgage is.

and he lives in new jersey

Is that the best you can do? Is that you nyc10022?

The President, the OP is saying that he will be putting down either 20 or 30%.

I thought an 80/20 is when the firt mortgage is for 80% and the 2nd is for 20%?

Make that 20 or 25% down. LTV stands for loan to value.

>>> I thought an 80/20 is when the firt mortgage is for 80% and the 2nd is for 20%?

Next time you mock or criticize somebody, make sure you know what you're talking about. yes, putting 20% or 25% down. And taking out a mortgage that is not much more than annual income so not a stretch at all ....

And spell first correctly!

The President, you have to be kidding us, right?

We go 80% up to 1M, 75% up to 1.5M, 70% up to 2M, 65% up to 3M, and 60% up to 5M loan amounts. sunny.hong@bankofamerica.com

How were zero-down loans abbreviated in the good old days? 80/20/0?

"The President, you have to be kidding us, right?"

No, he's really that dumb. Check his history of posts.

The breakpoints are diff. for diff. lenders - e.g. some banks are 65% bet. 2m and 5m, for example.