[quote=gn]
So, even if you can find a lender that offer 90% jumbo loans with PMI, once that lender learn about your current mortgage, it’ll require that you qualify for 2 mortgages. I realize that currently you only care about the first issue (90% loan), eventually, you’ll have to deal with the second issue (2 mortgages).[/quote]
With their income that is not a big issue. Worst-case scenario, 90% jumbo on a 800K house with big mello roos would result in 31% housing to gross income ratio. Could be even as low as 23%.
