California Jumbo Mortgage Loan Rates

Florida Jumbo Loan Down Payment Requirements 2020

Jumbo Loan Down Payment Requirements 2020

  • 610 minimum credit score.
  • 4 months reserves (cannot be gifted funds).
  • No year waiting period for prior short sales and bankruptcies.
  • 50% maximum DTI.

Jumbo Down Payment Options

What is a Jumbo Loan?

A  jumbo loan is otherwise known as a jumbo mortgage is a loan that is above the conventional loan limits and is called a Jumbo Mortgage. This loan limit is set by Fannie Mae and Freddie Mac, who purchase loans from lenders. If a loan amount is higher than $484,350 then neither of the two government-sponsored entities will purchase that 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.

To sum it up, a jumbo loan is one with a loan amount more than $453,100. First Florida Financial Group offers jumbo loans with a lower down payment amount & The Best Jumbo Mortgage Rates


Comparing Current Florida Jumbo Mortgage Rates

When your shopping for Florida jumbo mortgage rates, we will get you the lowest interest rate possible, thus getting you the lowest interest rate that could save you hundreds of dollars a year and thousands of dollars over the life of your loan. Yes, having us find the best 10 percent down payment jumbo loan mortgage interest rate is a big deal.

Current Florida Jumbo Mortgage Rates

When you “CLICK HERE” you’ll instantly see today’s lowest Florida jumbo mortgage rates. If you see an interest rate you like, you can click to head straight to get your Custom Rate Quote.

Client Reviews

Why Should You Choose Us For Your Jumbo Loan?

  • We work for You & Not the Bank.  When working with us your not “stuck” with ONE bank’s restrictive set of underwriting guidelines which can put caps on your debt to income ratio or require a lot of mortgage reserves! We always seek out the best lender to suit your specific situation and find lenders with the Best Florida Jumbo Mortgage Rates! Oh, Ya we don’t keep bankers hours we always answer your phone calls and text messages in the evening and on the weekends…. because we don’t get paid a salary…. we only get paid when your loan closes and most of the time we get paid by the lender and not by you!



  • Our “Outside The Box Thinking”  can get your jumbo loan approved and closed through a variety of unique loan products! One-Year Tax Returns, Cross Collateralizing Properties, Assets as Income, Bank Statement as Income and No Income Verification Investment Loans. Along with our years of experience and understanding complicated tax returns, knowing what expenses to add back in and how to stretch your funds to pay off debts to reduce your DTI and if necessary we can try to increase your credit score, then do a rapid credit re-score.


  • Get Pre-Qualified Fast, see you’re credit scores immediately and close in 30 days or less with our E Zip Mortgage! It’s all online, reduces paperwork and provides you with a secure, collaborative document upload portal that constantly notifies you and your realtor via, text messaging & emails with all loan updates. So neither of you is ever wondering what’s the status of your 5 percent down payment jumbo loan. Get Started Now!
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