Advantage Jumbo is a great product, and does things no other Jumbo’s do. Here are some highlights…
-Primary, second home and investment
-Purchase, rate & term and cash out
-Loan amounts up to $2,000,000
-Credit score as low as 661
-LTV up to 90%
-Mortgage insurance not required
-Lower reserves than Flagstar Jumbo
-First-time homebuyers permitted
-Non-occupant co-borrowers and blended ratios allowed
-Consideration of prior credit events like bankruptcy, foreclosure, short sale, or loan modification
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Life note: A couple of weeks ago my oldest son told me he was dropping out of college and joining the Marines. It’s something he wanted to experience, and felt compelled in his heart to make this decision.
This is the first “adult” decision he’s made really. It will no doubt have a lasting impact on his life.
I can’t say I agree with it, but I am supporting him. …even though it scares the crap out of me!
I’m sharing this with you because it’s been heavy on my mind lately, and perhaps some of you vets out there can give me a reassurance my boy will be “ok”.
Have a good day today!
…and thanks for reading.
Brett
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