Tag Archive for: 5% down jumbo loan

What Is 5% Down Jumbo Loan Financing?

5% down jumbo loan financing refers to mortgage loan amounts over the conventional loan limit set by the Federal Housing Finance Agency (FHFA). There are a few main features of 5% down jumbo loan financing that create more stringent guidelines. These main features are credit scores, debt ratios, housing history, reserve funds, and down payment amount.Read More