10% Down Jumbo Loan
Community Lending Group now offers a Jumbo Loan program that only requires a 10% down payment, as compared with the typical 20% down payment requirement. This Jumbo Loan product allows you to finance up to $2,500,000 on a primary residence, and you may choose between a 30-year fixed- or adjustable-rate loan. [This is one particular Jumbo loan that we offer. Remember we can do as little as 5% down for a purchase price of $669,600 or less even in lower limit counties. But we can now go over $1.5M with only 10% down with this jumbo loan I’m detailing for you!]
Community provides competitive pricing on Jumbo Loans at historically low interest rates. We also process, underwrite, and close Jumbo Loans quickly and efficiently, just like we do on our other Conventional Loans, with similar paperwork and closing costs.
PROGRAM BENEFITS
-
Allow purchase of a more expensive home with a minimum 10% down payment.
-
Interest on loans up to $1 million may be tax-deductible (consult a tax professional for more information).
-
Flexibility to take advantage of refinance opportunities.
-
Minimum FICO score of 740 required.
Get a home loan up to $2,500,000 with only a 10% down payment!