Want to Buy Now But Sell Your Current Home Later?
Many homeowners would like to buy now but sell their home in the future. This strategy can be accomplished by utilizing a low-down...
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Our Signature 5% Down Jumbo Loan gives you more opportunities!
Available for only for Primary Purchases located in Arizona, California, Florida, Georgia, Illinois, Massachusetts & North Carolina. We specialize in 5% down payment jumbo mortgages. In fact, the entire 5% down payment can be a gift!
Our 5% Down jumbo loan mortgage program is structured with underwriting to accommodate first time
home-buyers as well as seasoned home-owners.
From our Jumbo Blog:
Our 5% Down Jumbo Loan Benefits:
5% Down Advantages
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Down payments - As low as 5% down with no mortgage insurance.
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Loan types - Fixed and adjustable rates.
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Loan terms - From 10 to 30 years available.
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Property Uses - Primary Residences.
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Loan amounts - 5% down up to $1.5M, 10% down up to $2.5M.
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No prepayment penalty.
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First time homebuyers are eligible.
Easy Requirements
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Credit scores - 680 or higher to qualify.
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Borrower income - Can verify with W-2s, 1099s, RSU's and investments.
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Max DTI - 45% maximum debt-to-income ratio.
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Appraisal - Only one appraisal is required under most circumstances.
Our 5% Down Jumbo Loan
Our 5% Down Jumbo mortgage loan stands out from other low down Jumbo mortgage loans. It offers lower up-front costs than many Jumbo mortgage loans and doesn’t require mortgage insurance.
Add our Green Light loan review, and the loan process is faster than most low down Jumbo loans, too.
Our 5% Down Jumbo mortgage loans are designed to accommodate (almost) every borrower who has their eye on a higher-priced home.
Our 5% Down loan program is particularly beneficial for dual-income buyers who may have limited cash reserves but have significant income.
Beyond the financing
While your primary goal is to borrow the amount you need, you deserve more from your lender.
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We focus on service to give you a superior mortgage experience.
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We know you want to move quickly, so we work with you to quickly gather the information we need.
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We stay in touch, so you’ll always know what’s happening with your loan.
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With dedicated professionals on your team, your loan will move forward rapidly and smoothly.
Recent Client Testimonials:
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Think Bigger Jumbo Loan, Smaller Down Payment.
How do we do it? We structure our 95% Jumbo loans by separating the debt into 2 separate loans.
This is commonly referred to as a "piggyback" or "combo loan".
The first position loan represents 80% of the purchase price of your new home. The second loan represents 15% percent of the purchase price of your new home. This equates to a 95% Jumbo mortgage loan.
The advantage of structuring your new 95% LTV Jumbo loan in this manner allows us to accept a lower credit score than industry average as well as avoiding private mortgage insurance.
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