United Wholesale Mortgage announced it is launching a new jumbo loan product which would allow borrowers to place 10% down with no mortgage insurance. The jumbo loan would allow for homebuyers to take out a mortgage of up to $1.5 million on a 90% loan-to-value mortgage.
from Lending https://www.housingwire.com/articles/42821-uwm-introduces-90-ltv-jumbo-loan-with-no-mi
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Jim Downs Rein Group Darwin 