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What is the minimum amount down for jumbo mortgage loan in Malibu, CA?

by dimensio130 from Malibu, California. May 24th 2019 Reply


Dan Conley (OmniFundInc)
#924 ranked lender in California - 120 contributions

Well, that depends on the purchase price but currently its 10% down. There are a few other programs at 5% down but these get higher on the rate. Call me if you want to go through some real figures. Dan Conley 619-886-3294

May 24th 2019
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Mel Baker (makinghomeloanssimple@gmail.com)
#1338 ranked lender in California - 21 contributions

Dan is absolutely correct. What is going to be important is understanding the loan product you qualify for-conforming, high balance or portfolio. Start with understanding your qualification.Feel free to call. No obligation. If you decide we should work together I will offer your the lowest cost loan possible.Mel S. Baker (310)985-9778

May 24th 2019
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Susan Ledingham (perfection)
#921 ranked lender in California - 11 contributions

It all depends on loan amount, if a purchase, refinance or cash out.A true Jumbo is 20% down. They have different products so you really need to speak with someone.Susan LedinghamPhone: 650-352-5656Ledingham MortgageNMLS# 340352

May 24th 2019
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