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Jumbo Loan with 10% down? Possible?

Looking for a Jumbo Loan with only 10% down in Palm Beach County, Florida.  Purchase price is $510K.  I have excellent credit, income etc. Are there any programs for this to work?  Thanks!
  • April 21 2010 - Boynton Beach
  • 0Yes

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Answers (1)

Yes, guidelines loosened very recently.  10% High Balance is available in Florida with a 740 FICO score, debt ratio below 41% and six months reserves available after closing.   Single Family residence owner occupied only, no condos or attached housing.
  • April 21 2010
  • 0Yes

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