On Jumbo Home Loans, Lower Down Payments for High Earners – WSJ – Mortgage lenders may loosen jumbo-loan down payment requirements for a so-called "Henry"-an acronym for ‘high earner, not rich yet.’

Some jumbo loans offer greater flexibility in the form of lower down payment percentages, higher debt-to-income, and more, and this added risk can sometimes.

New FHA Alternative Boosts Low Down-Payment Options – As Fannie Mae and freddie mac eliminated their 100% and 97% purchase loans following the housing meltdown, FHA financing once again became a preferred low down payment. guidelines for Fannie Mae.

Fannie Mae and Freddie Mac 3% Downpayment for Conforming Loans Jumbo loan requirements and qualifications. Credit history – To qualify for a jumbo mortgage loan, the borrower must have very good credit, which generally means a FICO score of 740 or higher. There are also established guidelines for income and other personal financial information.

Affordable Home Mortgages and Refinancing – Landmark. – Not having a down payment or having bad credit is not going to disqualify you from getting the home that you deserve. We have numerous loan products, such as USDA loans and VA loans, which have extremely flexible requirements.

To qualify for the lowest 3.5% down payment on an FHA loan, you’ll need at least a 580 credit score or better. With a score between 500 and 579, you’ll need a 10% down payment.

Conventional Loan This is a common option for those using a down payment of at least 5% to buy or refinance a home. Jumbo Loan This loan is for those looking to finance a loan amount more than $484,350. Refinance Lower your mortgage payment or cash out the equity in your home to cover other expenses.

Why today’s home buyers have jumbo mortgage-sized dreams – “It’s just been a great situation where you had a combination of low interest rates. Are you keen to put down a down payment of less than 20 percent? You’re going to want to go jumbo. The new.

FHA increases size of jumbo loans it will insure – Without the agency, a buyer would need a 20 percent down payment and an unblemished financial history for a jumbo mortgage. The FHA is betting housing can recover enough to expand financing and earn.

Down Payment Options – HomeFair.com – This article provided by IOwn, Inc., a licensed mortgage broker: A down payment plays a huge role in financing your home purchase. It’s the portion of your property’s purchase price that you must pay up-front to the lender with your own money.

Low Down Payment Jumbo Loan Louisiana – Jumbo rates Louisiana has many low down payment jumbo loan options including 5% down to $600,000 10% down to $1.5 Million, and 20% down over $2.25 million.