For your scenario, this loan can be sold to fannie mae since it meets the guideline.
And the 1st loan LTV (Loan To Value Ratio) is 72%. CLTV is 90%.
It's hard to get one 900k Jumbo loan if the property value is 1 million.
• 那么20% for 5/1ARM的要求也需要达到吗? -880101- ♀ (94 bytes) () 03/07/2008 postreply 23:05:10