85% LTV Jumbo Loans Versus 90% LTV Non-QM Mortgages

85% LTV Jumbo Loans Versus 90% LTV Non-QM Mortgages

Jumbo Loans are also called non-conforming loans. This is because they do not conform to Fannie Mae and Freddie Mac Mortgage Lending Guidelines. Fannie Mae and Freddie Mac cap all conventional loans to a maximum of $548,250 loan size. Any home loan greater than the $548,250 loan limit is considered a Jumbo Loan. Most jumbo lenders require a 75% loan to value for new purchases and refinance jumbo loans. Gustan Cho Associates offers non-QM jumbo loans with lower credit scores. We also offer non-QM jumbo loans with a 10% down payment.