Loan To
Values - LTVs
Borrowers can expect significantly
lower Loan To Value or "LTV" limits on Super Jumbo mortgages,
particularly above and beyond $1,500,000. Typical Super Jumbo
mortgage LTV maximums range from 80% to as low as 50% depending
on loan amount and credit scoring. .
Purchase or refinance requirements
are usually correlated to credit scores that are as follows:
720 Credit scores - LTVs at 55-60
percent for loans up to $3,000,000
740 credit scores are required with
LTVs of 50-60 for loans over $3,000,000 |