How to Get a Mortgage Greater Than a Million Dollars

how to get a million dollar loan

Organize your finances to prepare for the loan application process. You will need proof of income for the previous two years. Commonly, pay stubs or tax returns are used as income verification. Additionally, free up cash equivalent to at least 20 percent of your expected loan amount. Most lenders won't approve a jumbo loan with less than 20 percent down. With mortgages over $1 million, the downpayment can rise as high as 30 percent.

Trending in Your Area

Flowering Plants for Mothers Day

Flowering plants for Mothers Day can come in a number.

  • How to Care for Cut Flowers With Chemicals

    Caring for cut flowers with chemicals will help.

  • What Flower Looks Good With Sunflowers?

    When finding flowers to pair with sunflowers, you need.

    How to Make Standing Spray Flower.

    Making standing spray flower arrangements is.


    Category: Credit

    Similar articles: