Category — Finance

Bank of America announced they are getting aggressive on the under served Jumbo Loan market up to $3 Million Dollars.

This is good news for Salt Lake Luxury Home Buyers.  Interest rates are in the high 5’s (which is an awesome rate), and the basic criteria is a FICO score of 720 or higher, a 20% down payment or more,  full documentation of income and asstes. Full Appraisals, sometimes two and enough assets in reserve to cover a minuimum of 6 months payments.

To find out more about jumbo loan products contact me today at voice or text 801-694-4762 or you can email me at Rob@Aubrey.net

PS Don’t forget tthe link on the left you can preview Salt Lake Luxury Foreclosures including tours and addresses.