You will need to have sufficient equity to qualify for a jumbo mortgage. In the past, many jumbo mortgages required a 30% down payment. This is no longer the case and you may find lenders with more flexible down payment terms ranging from 15% to 30%.
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6303 Owensmouth Ave 10th Floor
Los Angeles, CA 91367 - info@CAPlatinumLoans.com
- 1-800-216-1047
- 1-818-488-2076