Credit Score Requirements

Are you looking for a mortgage for an investment property over $1,000,000, and you don’t know how? This article will give you a guide to explain in detail how you can get a mortgage for an investment property, the salary requirement for a mortgage, the amount of money required for a down payment and closing costs, and the estimated monthly payments to buying a $1,000,000 mortgage property. A split-level estate or a cottage in the Bay Area may be yours with a $1,000,000 mortgage. No matter what property you choose, having a sizable income and excellent credit will help you receive the jumbo mortgage you require. You’ll need cash and a down payment to pay the loan origination charge, home appraisal, and closing fees. However, in this article, we’ll concentrate on the monthly payment you may anticipate under various circumstances […]