Posted February 17th, 2012 under Programs10 Percent Down Jumbo Home Loan No Mortgage Insurance
Tags: Seattle Bellevue mortgage, 98004 mortgage, Seattle Bellevue home loans, Seattle Bellevue home mortgage, 98004 home mortgage, jumbo home loans Bellevue
Great news! There is a jumbo loan available for higher priced homes. Here are a few highlights to reference:
|
Max Purchase Price |
Down Payment |
|
$833,333 |
10% |
|
$1,000,000 |
15% |
Minimum credit score: 740
Six months “reserve” requirement.
Lender paid mortgage insurance. No need for additional mortgage insurance underwriting AND the mortgage insurance is as tax deductible as the interest rate.