Best jumbo mortgage rates. Who, what, and where?

[Joe Shields]

Currently looking to close on 2 properties with 2 jumbo loans. Wanted to check with the BiggerPockets community and find out if anyone has any recommendations for getting the best rate possible and where to start looking. 

[Chris Mason]

Originally posted by @Joe Shields:

@Korey Yelton the properties are located in Nashville, TN. One of the homes will be a primary and the other an investment property. Planning to put down around 10% for the primary and 20-25% for the investment. 

"The best" mortgage rates/fees: Cross-selling is very important to big banks. Show a big bank your $400k in mutual funds and $300k in stocks and $250k in retirement, also that you don't have a bunch of rentals or self employment or landlord income, and will thus be easy to underwrite, and the big banks will stomp guts relative to anyone else. They will lose money on the mortgage for a mere opportunity to pitch you on their asset/wealth management, and also their car loan, and also their checking account, and also their savings account, and also credit cards and debit cards, and so on... that's what cross-selling is and how it works. The other crap subsidizes your mortgage rate/fees, and you are worth that subsidy in their eyes. 

If you don't have that, then you will not be getting "the best" jumbo mortgage rates no matter what you do. I'm an industry insider, I know exactly what "the best" is, and I don't get "the best" jumbo mortgage rates/fees....