Not all potential buyers have enough saved for a 20% down payment; not to mention closing costs and reserve requirements. Other buyers may have the cash but would rather preserve liquidity. We offer low down payment solutions to credit-worthy individuals. Read more about how to obtain a jumbo mortgage with a low down payment here.
- Loans up to $2 Million with 5% down & 740 FICO (primary or second homes)
- Loans up to $3 Million with 10% down & 700 FICO (primary or second homes)
- No Mortgage Insurance Required
- 1-4 Family Homes and Condos allowed
- Self-employed borrowers can use bank statement deposits to qualify with as little as 10% down
Perfect for buyers with high income and good credit, but limited savings; or buyers who are looking to preserve liquidity.