Jumbo mortgage on investment property

brooklyn_bob- I have a few lenders that will go as high as 65% on Investor Jumbo loans. You will have to opt for either a 5 or 7 year ARM but it's doable if everything else makes sense.

Just spoke to lender about this and he said minimum of 50% down and needed to have at least 500K liquidity after closing.

call TD. they are being very aggressive these days

Barclays wealth 55% LTV. HSBC Private Wealth 60-65% LTVs
$1.3mm property might be too small for them.
Wells Fargo private also worth trying. Slightly hazy on em but at least 60% maybe more.

Let us know how you get on.

we can do 60% up to 650k

Jim McPartland
AVP, Mortgage Banking
Bank of America Home Loans
50 Rockefeller Plaza, 11th Fl.
(646) 556-0207 Direct
james.mcpartland@bankofamerica.com
NMLS#614743

Have a portfolio lender that will do a 5/1 arm. 65% LTV, therefore a loan amount of $845,000.

Ellen Silverman
E.S. Funding Co.
Licensed Mortgage Broker. since 1990
Licensed Real Estate Broker since 1987
esfundingco@aol.com
www.esfunding.instantlender.com