ABSOLUTE MORTGAGE SOLUTIONS, LLC
  • Home
  • Loan Types
    • Conventional Loans
    • FHA Loans
    • VA Loans
    • Jumbo Loans
    • Hard Money Loans
    • Special Programs
  • Team
  • Contact
  • RESOURCES
    • FAQs
    • MORTGAGE TERM GLOSSARY
Picture
Jumbo loans are used for mortgage loans over $510,400. A strong FICO score, generally 680 or better, is required to qualify for a jumbo loan. Lenders will also take a closer look at your credit profile; many will want to see a debt-to-income ratio under 40-43%. Jumbo loans typically require more extensive documentation, especially if you are self-employed. Lenders may want to see six to twelve months of reserve payments, as opposed to two to four for a conventional loan.

Benefits & Features


Minimum FICO® credit score of 680
​

10% minimum down payment required on purchase


Closing costs of up to 6% may be rolled into the mortgage amount​
​

Most jumbo loans do not require PMI
​​

Programs

​
​12- and 24-month bank statement program​
​

No income verification investment property
​

Foreign National program
​

Interest Only
​
Apply Now
Picture
EMAIL:
Kristine Britton | Mortgage Loan Originator
kristine@ams-lending.com
PHONE:
o. 321.426.7336
c. 321.863.6336
LICENSE:
NMLS ID # 1882618
Picture

HOME

LOANS

FAQS

CONTACT

  • Home
  • Loan Types
    • Conventional Loans
    • FHA Loans
    • VA Loans
    • Jumbo Loans
    • Hard Money Loans
    • Special Programs
  • Team
  • Contact
  • RESOURCES
    • FAQs
    • MORTGAGE TERM GLOSSARY