The news is that some lenders are now doing jumbo loans with down payments as low as 10 percent, for buyers who meet all other
jumbo loan qualifications.
Not exact matches
We offer a
jumbo loan product to meet every need, including flexible
qualification terms (asset depletion, pledged assets), property types (unique builds, investments, hobby farms, etc.), and
loan sizes (over $ 5 million).
Jumbo loans may require larger down payments and additional
qualifications.
Of all the types of mortgages available to you,
Jumbo Loans offer among the most flexible
qualification options, including:
Filed Under: Borrower Tips,
Jumbo Mortgage, Mortgage Rate Trends and Analysis Tagged with: jumbo loans, Jumbo Mortgage, mortgage qualification require
Jumbo Mortgage, Mortgage Rate Trends and Analysis Tagged with:
jumbo loans, Jumbo Mortgage, mortgage qualification require
jumbo loans,
Jumbo Mortgage, mortgage qualification require
Jumbo Mortgage, mortgage
qualification requirements
If the borrower has exceptional
qualifications, there are
jumbo loan amounts approved in high cost regions around the country.
As an illustration of how «reserves» influence
jumbo qualifications, we recently had a
jumbo transaction with a borrower looking to obtain a $ 1,040,000
loan, and the investor wanted 18 months of reserves.