Can I Get a Jumbo Mortgage with Less Than a 20% Down Payment?

Описание: #mortgage #preapproval #homebuyer #firsttimehomebuyer #howtobuyahome #realestate #homeloan #jumbo #realtor #downpayment #downpaymentassistance #piggyback #HELOC

Even today, most home buyers assume they need a 20% down payment to purchase their first piece of property. But this is far from the truth across the entire real estate price spectrum. 5% down, 3.5% down on FHA, 3% down on conventional and even 0% down on VA loans exist at the median home price points across the country. But even in higher-cost areas where jumbo mortgages are the rule and not the exception, first-time buyers can put as little as 10% down and still realize the American Dream of home ownership. I’ll show you how to rock a 10% down payment and some of the common loan programs that apply when you don’t have a full 20% to put down on a house. Why go home to that grungy apartment while having to save for several more years before you can buy your first place?

(All rates depicted and discussed are for demonstration purposes only. Not a commitment to lend.)

Rob Spinosa
SVP of Mortgage Lending with Guaranteed Rate
415-367-5959 Cell/Text
[email protected]
Apply at: www.rate.com/robspinosa
NMLS: 22343
Guaranteed Rate NMLS: 2611
Equal Housing Lender

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