640 Credit Score Jumbo Loan
Borrowers must have been continuously employed for 2 years, self-employed borrowers must have been operating the same business for 2 years.
Minimum credit score 640 based on no less than three trade lines established for one or more years, no history of foreclosure or bankruptcy over the past four years, no late housing history over past year and no late installment debt over past six months.
Personal tax returns for past 2 years with a maximum debt to income ratio of 46%.
Purchase or refinance get the lowest jumbo mortgage rates for self employed borrowers.
|
Purchase 80% to $450,000 75% to $850,000 65% to 1,250,000 |
Rate & Term Refinance 80% to $450,000 75% to $850,000 65% to 1,250,000 |
|
Cash-out Refinance 70% to $850,000 60% to $1,250,000 |
Max Cash-Out $250,000 at 70% LTV $500,000 at 60% LTV $750,000 at 50% LTV |
Call us 888.958.4228
We look forward to working with you.
Call us 888-958-5382
www.MORTGAGE-WORLD.com LLC is an online mortgage company specializing in FHA loans for first time home buyers.
We look forward to working with you.
Recent Articles
-
Mortgage Rates August 5
Aug 05, 24 04:10 PM
Mortgage Rates August 5, 2024. Rates have gone down recently. Lower rates equals lower mortgage payment. -
Mortgage Rates August 5 2024
Aug 05, 24 03:55 PM
Mortgage Rates August 5 2024 -
Today's FHA Rates 5.00% & 5.875% Conventional Minimum 700 Credit Score
Aug 05, 24 03:48 PM
Today’s historically low 30 year fixed interest rates make now the perfect time to purchase a new home or refinance To be approved at the lowest mortgage rates, you do not need to have the highest cre…
Call Now, Our Staff is Available!
800.516.9166
640 Minimum Credit Score Jumbo Loan
Call Us
888.958.4228
or