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10 October 2013

Jumbo Loan After Foreclosure

When looking for a jumbo mortgage after foreclosure, whether you are refinancing after a foreclosure or purchasing a new home after foreclosure, there can be challenges.  Many people will call their local lender or a major bank like Wells or Chase.  Often to get a resounding “sorry, you’re going to have to wait 5-7 years […]

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When looking for a jumbo mortgage after foreclosure, whether you are refinancing after a foreclosure or purchasing a new home after foreclosure, there can be challenges.  Many people will call their local lender or a major bank like Wells or Chase.  Often to get a resounding “sorry, you’re going to have to wait 5-7 years to get a jumbo mortgage after foreclosure.”  That is actually not the case.  Now if you are looking for a traditional 30 year fixed jumbo mortgage after foreclosure, then you may actually have to wait the 5-7 years.   We have identified the best banks who offer 5, 7 and 10 year ARM loans that have reasonable fees and rates.  If you want to learn more about getting a jumbo loan after foreclosure, please email us or call the number above.  A licensed loan professional will be glad to assist you.

TAKE OUR QUICK PASS / FAIL TEST TO SEE IF YOU ARE ELIGIBLE FOR A JUMBO MORTGAGE AFTER FORECLOSURE

 

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