5% Down Payment Jumbo Loans For Florida
What is a 5% Down Payment Jumbo Loan?
5% Down Payment Jumbo Loan Options
- 5% Down Payment on Primary Residences & Second Homes.
- 10% Down Payment on Condos.
- 25% Down for Investment Properties.
- VA Jumbo Home Loans.
What are the requirements for getting a 5% Down Payment Jumbo loan in Florida?
- 680 minimum credit score.
- 6 month’s reserves.
- 43% maximum DTI.
- Bank Statements as Income loans are Available.
Eddie and the First Florida Financial team were nothing short of outstanding! This was, by far, the most straightforward, professional mortgage loan process we have ever experienced. Eddie has an...read more→
Why Should You Choose Us For Your Florida Jumbo Mortgage Loan?
We know the Jumbo Mortgage Business and Specialize in 5% & 10% Down Jumbo Mortgage loans……
- Check out what our Prior Clients have to Say About Us.
- We work for You and Not the Bank.
- We have the Best 30 Year Fixed Rates.
- “We Think Outside The Box“
- Fast loan closing (as little as 30 days).
- We can do a Piggyback 2nd Mortgage to help get your loan approved.
- Little or no Reserves required.
Current Florida Jumbo Mortgage Rates
How to get the Best Jumbo Mortgage Rates
Start with the “Loan Purpose” box and fill in as many of the fields as you can in our request rate quote tool to get the most accurately personalized quote.
Are You Concerned You May Not Qualify for a 5% Down Payment Jumbo Mortgage 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.
- Don’t have Enough Reserves.
Not to worry our Loan Officers overcome these problems all the time, We know the Florida 5% Down Payment Jumbo Loan Business and can Close Easy, Complex and Tough Deals.
Can you get a Jumbo Loan with only a 5% Down Payment?
Yes, you can for primary residence and second homes!
Do you have to pay Monthly Mortgage Insurance (PMI) on a 5 Percent Down Payment Jumbo Loan In Florida?
No, mortgage insurance is not required for our 5% down payment jumbo mortgage loans!