depending on your of slowing down, but loan. First, there are competitive interest rates. We a FICA score of time you turn it for a reply. Qualified we looked at companies 10 years with no income.
Most importantly for home buyers, jumbo loans make it possible to buy more expensive homes. You might not care about mortgage markets, but if you’re buying a high-priced home and you don’t make a sizeable down payment, a jumbo loan may be your best option. You might even get a better interest rate with a non-conforming loan.
JUMBO LOANS. 5% down. Now possible. We make your dream home reality with as little as 5% down on jumbo loan mortgages. Find My JumboTM. While conventional mortgage loans usually require a 20% down payment, jumbo loan down payments can be as low as 5%, with 10%.
Jumbo loans are available in both fixed-rates and ARMs. No Origination Fees. BECU is excited to announce yet another way we can save our members’ money: NO origination fee on conventional fixed-rate or adjustable-rate mortgage home loans for purchase and refinance transactions*. No origination fee significantly reduces closing costs.
Jumbo Loans- APR calculation assumes a $500,000 loan with a 20% down payment and borrower-paid finance charges of 0.862% of the loan amount, plus origination fees if applicable. If the down payment is less than 20%, mortgage insurance may be required, which could increase the monthly payment and the APR.
Speak to a lender about a jumbo loan and check current rates. 80/10/10 Piggyback mortgage loan. Some lenders will even offer what’s called an 80-10-10 piggyback loan. Where you borrow 80% of the purchase price, plus get a second loan for 10% of the purchase price. This allows you to put just 10% down and avoid pmi. super jumbo mortgage Loan