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jumbo mortgage with 10 down: Jumbo mortgage with only 10 percent down? Yes it’s real- keep reading!
- 10/06/13 08:45 AM
If you are in the market for a jumbo loan, this mortgage loan program might be right up your alley. You can now purchase a home, up to 750k, with as little as 10 percent down. There are a couple options available with regard to loan structure so let’s take a look:
Option One – Two Loans
Purchase Price: $750,000
10% Down: $75,000
1st Loan: $600,000
2nd Loan (HELOC): $75,000
Option Two – One Loan
Purchase Price: $750,000
10% Down: $75,000
One Loan: $675,000
This option has mortgage insurance built … (4 comments)
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Steve Boucher
Branch Manager at Envoy Mortgage-NMLS:48404
Franklin,
MA
More about me…
Envoy Mortgage Ltd NMLS 6666
Address: 6 Main St, Franklin, Ma, 02038
Office: (781) 277-1792
Mobile: (781) 277-1792
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