I was wondering is there any Lenders out there that will do a Jumbo Loan (Loan Amount above $900K) with 25% or less down? So far I can only find lenders willing to do the loan if I put 30% or more down based on appraised value.
Miami,FL | Feb 15th 2010
by MirzaPe...
Answer
by Ron Sadaka
by Andrea ...
Hi MirzaPerez,There are some lenders that will allow you to put less than 25% down on this. The biggest thing is having the appraisal reflect the value in which you paid for it. That will be the tricky part. I do have a lender that only requires 20%. I would be more than happy to help you with whatever it is you need! Andrea DrabVision Mortgage920-884-1313 or 920-562-7116Andrea@vision-gb.com Feb 15th 2010
by Kristen...
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