Low Down Payment Jumbo Mortgage
10% and 15% Down Payment with No PMI
Loan Amounts $510,400 to $2 Million ONLY
Single Family Home and Condo's Only
Available For Purchase and No Cash Out Refinance Only.
Requires Full Income Documentation with 2 Years Tax Returns and W -2's.
Avaiable in 30 Year Fixed Rate or 10 Year Interest Only
Only Available for Primary Residence Ownership
Minimum FICO for 10% down is 740+
Minimum FICO for 15% down is 720+
No Mortgage Late Payments Alllowed last 24 months
48 Month Seasoning From All Major Credit Events - Foreclosures, BK, Short Sales
Maximum Debt To Income Ratio of 43%
6 Months Reserves Required with 85% or Less LTV
12 months Reserves Required with 90% LTV
Assets For Down Payment Must Be Seasoned For 60 Days
Loan Amounts $510,400 to $2,000,000 Only
Interest Rates As Low as 5.5% - Call or Email For Your Personal Quote
Available In All States EXCEPT - AK, HI, MD, MA, NY and VT.
Borrower Paid Points Range 1.5% to 2.5%
Please complete the contact form below and we will reply with a rate quote summary for your low down payment Jumbo Mortgage loan scenario. Or, feel free to call or email me direct with any questions. Most often I'm available to respond 7 days a week.
Products, interest rates and loan terms subject to change.