With the volatility in today’s rates, it is nice to know that there is some stability in our Jumbo Mortgage After Foreclosure portfolio loan program.   Rates have been very stable over the last 6 months.  On a purchase loan the rate is consistently at 4.25% (4.508% APR)  for a 5/1 ARM with a loan amount between $417,000 and $2,000,000.   Our 7/1 ARMS are consistently at 4.625% (4.889% APR) for similar scenarios.  When there has been either a Foreclosure or Short sale in your past and you have otherwise good credit, you can count on us to find you a great Jumbo mortgage loan program.   Whether it is a purchase or a refinance after foreclosure, this is all we focus on and we have the expertise to get your deal done.

Erik Sandstrom
LoanSafe's Mortgage Expert
I'm a Senior Loan Officer and LoanSafe mortgage expert. If you need a live rate quote, or need help getting a new mortgage, please call me direct anytime at 619-379-8999.