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Low Down Jumbo Loans – Florida

Current Low Down Jumbo Loans
Florida Jumbo Loans & Credit Requirements
In the past while, the conforming loan limits have been increased to cope with liquidity fears in mortgage markets because of the subprime meltdown. The result is the lowering of mortgage interest rates and high balance financing.
This is the current low down jumbo loans information available for Florida. Lenders do change their requirements frequently. Be sure to prequalify for your low down jumbo loans.
The low down jumbo loans programs have been exceptionally popular with professionals, such as doctors and attorneys since they have limited savings, but well documented high income levels.
See Today’s Rates
5% Low Down Jumbo Loans
$453,100 to $2 million limit Primary and secondary properties only Credit score of 700 required up to $1.5 million Credit score of 740 required for $1.5 million to $2 million No requirement for monthly mortgage insurance payments (PMI) 10% Low Down Jumbo Loans
$453,100 to $3 million limit Credit score of 660 required for less than $1.5 million Credit score of 720 for over $1.5 million No requirement for monthly mortgage insurance payments (PMI) 15% Low Down Jumbo Loans
$453,100 to $3.5 million limit Credit score of 660 required for less than $2 million Credit ... more

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