Super Jumbo Mortgages

Jumbo Mortgage Risk Factors | Jumbo Mortgage LTVs | Jumbo Mortgage Credit Scores | Jumbo Mortgage Underwriting | Jumbo Mortgage Interest Rates | Super Jumbo Mortgage Lenders | Jumbo Reverse Mortgages | Super Jumbo Reverse Mortgages

Credit Scoring for Jumbo Loans and Super Jumbo Loans

Credit Score requirements for Super Jumbo Mortgages have become increasingly relaxed since 2002, however credit score standards are still somewhat more stringent for Super Jumbo borrowers than they are for their conforming counterparts. The biggest difference for Super Jumbo mortgage borrowers is the lack of subprime Super Jumbo mortgage programs, meaning that for borrowers with credit scores below 620 who are seeking a Super Jumbo mortgage refinance, the only option may be "Super Jumbo Hard Money" lenders, a category of private lending catering specifically to the needs of high net worth individuals with temporarily blemished credit scores, bankruptcy issues, or foreclosure problems.