I have recently relocted to an area where housing is more expensive than where I came from. My husband and I are looking at a $640,000 home with 10% downpayment. Husbands FICO's TU 681 Eq 660 Ex 706, mine TU 717 Eq 685 Ex 744. Combined income $160000.00. 1 paid medical collection, no cc balances, 1 car pymt of $560. Given the current credit crunch (esp. on Jumbo's) what are responable expectations for obtaining loan and rate?
There is very few banks that are doing jumbos outthere now. What state is the house you are looking at? If can go full doc. There is a big chance that you will get a loan @ 90% ltv...Try Deutsche Bank.