Sentences with phrase «jumbo loans with lower credit scores»

However, some programs allow a credit score of 680 or lower, but be prepared to pay a higher rate for jumbo loans with lower credit scores.

Not exact matches

Even in the face of astounding low mortgage rates including a shrinking jumbo spread (current best rates in your area), housing just isn't moving the dial and many investors fear with the expiration of the new homebuyer tax credit and a recent report outlining a massive drop in credit scores of Americans this year, we're looking at a new leg down in housing, which could crush Financials again, especially in the loan loss bucket.