Jumbo
You may consider a 5% down Jumbo home loan from a minimum 720 fico score up to 1.5 mil. Also 10% down from a minimum 660 fico score up to 2.5 mil. We also have more options from a minimum 540 fico score. Also ask about our combo loans with no mortgage insurance or our portfolio single loan with no mortgage insurance. Contact me to discuss the rates and terms options.
You may consider combo loans with no mortgage insurance or a single loan with no mortgage insurance. Contact me for more details 760-486-4225
Jumbo Home Loan Features:
Financing on Primary Residences, examples of the maximum loan to value:
- The loan amount up to $1,500,000 – Up to 95% financing, 5% down payment
Loan amount up to $3,000,000 – Up to 90% financing, 10% down payment- Jumbo loan amounts over $3,500,000 – Up to 85% financing, 15% down payment. Larger down payment required for larger loan amounts.
Financing on Second Homes and Vacation Homes
- Jumbo Loans up to 1.5mil – 10% down payment, 90% financing
- Up to 2.5mil – 20% down payment, 80% financing
- Loan amounts over 3mil – 25% + down payment
Financing on Investment Home Purchase
- 25% down payment required on investment home purchases
- Loan amounts over 1 mil will require higher down payment – 30% +
OTHER LOAN PROGRAMS:
LOAN APPLICATION Below