10% Down Payment on Jumbo Loan
Is a 90% loan to value jumbo loan right for you? If you are in the market for a home that runs on the higher side or over the standard amount, a traditional loan might not be the best option. In this case, a jumbo loan is really what you want. Jumbo loans don't fall into the same categories that most Fannie Mae and Freddie Mac loans require. They are a monster all of their own. These loans are a higher value than most so the requirements and qualifications are also higher. Usually, only those with higher credit scores and [...]
