High LTV jumbo mortgages for primary residence in MD?

[Stephen Chittenden]

Slightly off topic, but I know there are a lot here who might have useful knowledge. Anyone have experience with high LTV loans for personal primary residences in the 800k range? I'm looking for someone who lends in MD.

[Stephen Chittenden]

Originally posted by @Russell Brazil:

Originally posted by @Stephen Chittenden:

Originally posted by @Russell Brazil:

Im pretty sure both the local lenders I work with are going to tell you you need 25% down.

Thanks, anyway. I have a credit union that will do 95% LTV with no PMI, so that may be our best bet. It's the enormous closing costs that are the real killer.

 That is an insanely good deal.  I would jump all over that. What credit union is it?

NASA FCU. They offer 100% financing to $650k and 95% to $850k for primary residence purchases. Max LTVs are 5 percentage points lower for refinances. No PMI required in either case.