skip to Main Content
Jumbo Mortgage Loans With 10% Down Payment Florida

Jumbo Mortgage Loan With 10% Down Payment For Florida 

What is a 10% Down Payment Florida Jumbo Loan?

A 10% Down Payment Jumbo Mortgage, otherwise known as a Jumbo Loan is a loan that’s above the conventional loan limits. This limit is set by Fannie Mae and Freddie Mac, who purchase loans from lenders. If a loan amount is higher than $453,100 then neither of the two government-sponsored entities will purchase that loan and its considered a Jumbo loan. Typically, both Fannie and Freddie buy the bulk of U.S. residential mortgages from banks and other lenders, freeing up liquidity to lend more mortgages.

Jumbo Loan Down Payment Requirements

What are the requirements for getting a 10% Down Jumbo loan in Florida?

SEE TODAY’S JUMBO RATES

Why Should You Choose Us For Your Florida Jumbo Mortgage?

Are You Concerned You May Not Qualify for a Home Loan Because?

  • Debt to Income Ratio is too High.
  • Credit Scores are a little Too Low, not to worry we can do a Rapid Rescore.
  • Prior Foreclosures, Short Sales or Bankruptcies.
  • Prior Mortgage Late Payments.
  • Don’t have Enough Reserves.

SEE TODAY’S RATES

Not to worry our Loan Officers overcome these problems all the time, We know the Florida 10% Down Payment Jumbo Mortgage Loan Business and can Close Easy, Complex and Tough Deals.

We do this by utilizing our “Outside The Box Thinking” to get you pre-qualified for the maximum loan amount possible while keeping your 10% Down Payment Jumbo Mortgage Loan down payment and closing costs as low as possible.

Don’t just take our word for it, check out our prior client reviews!

Can you get a Jumbo Loan with only a 10% Down Payment?

Yes, you can for primary residence purchases!

Do you have to pay Monthly Mortgage Insurance (PMI) on a 10 Percent Down Jumbo Mortgage?

No, mortgage insurance is not required for our 10% down jumbo Loans!

Back To Top