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Jumbo Loans Come Out of Hiding

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November 12 2010 - Haverhill
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This is all great news, but requiring 40% down on a jumbo purchase will make it very difficult for most.
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November 12 2010
There are several lenders doing Jumbo's with 10% down.
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November 12 2010
could someone tell me why a sign pounder keeps posting his blog on the mortgage Q&A board?

we never stopped jumbo lending.
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November 12 2010
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As I recall Jumbo was a really big elephant. I am not sure how he could hide. I also am not sure how an elephant gets a loan. A NINJA loan perhaps?
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November 12 2010
Jumbo loans are available up to $3 million. Usually the minimum down is 15-20%.
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November 28 2010
 
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