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Looking for 5% Jumbo Loan up to $900k purchase price. 750+ credit

by jrjacobson390 from San Diego, California. Aug 16th 2017 Reply


William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

10% down, I have many sources, but for 5% down.. it's highly unlikely you will find any lender willing to do this.. Even if you do find that lender, they are still going to require cash reserves equal to 6 to 36 months payments.. There is a lender that has a "Professionals" program, (medical resident, practicing physician, attorney, oral surgeon, dentist or CPA only), which used to allow you to purchase with 5% down.. but they no longer advertise their requirements.. so my guess is that it's no longer available.. Feel free to call me if you would like to discuss your options.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Aug 17th 2017
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