December 16, 2017

Seattle Jumbo Mortgage Opportunities

Are you in the JUMBO home loan range? 

Do you want to refinance at historically low rates? 

Now is the opportunity!!!!

 

Purchase Scenario:

Price $1,000,000

Fico Score 720+

Full Document required (paystubs, W2, tax returns, asset statements)

Single Family Residence

Owner Occupied

30% Down Payment

 

 

A. Mortgage

Loan Amount

Program

Rate

Monthly Payment

Prepay

1st

$417,000

30 yr Fixed

4.875%

$2,206.79

None

2nd

$283,000

HELOC

4.750%

$1,120.20

$500 Max

           
      Payment Total:  $3,326.99  
           

B. Mortgage

Loan Amount

Program

Rate

Monthly Payment

Prepay

1st

$700,000

5/1 Arm

5.000%

$3,757.75

None

           
      Payment Total:  $3,757.75

Apr (A.) 1st 5.003% (B.) 1st 4.154%

Payment Savings:  $430.76 per month.

 

All long term JUMBO fixed rates have been priced high because of the financial crisis.  Many lenders have stepped into the market offering short term Adjustable Rate Mortgages (ARM).  The downfall is we do NOT know where rates will be in the near future when your ARM matures.

 

The JUMBO home loan combo option is back and strong.  Take advantage of this opportunity before the opportunity is lost.  If you are looking to REFINANCE, please ask!

 

Please ask questions directly at 425.818.2078.

 

Thanks

The Mortgage Reel




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  1. Todd Albertini says:

    Hi I was directed to your website when googling Jumbo loan refinance in Seattle and was interested in speaking with you. Thanks, Todd Albertini

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