Jumbo Mortgage Reserve Requirements

How Jumbo Loans Can Help You Buy High-Priced Homes – To qualify for a jumbo loan with a small down payment, you’ll need good credit, strong income, or significant reserve assets. With most lenders, down payment requirements increase as loan.

Best Jumbo Mortgage Best Jumbo Mortgage Rates: Compare Current 30 Year Super. – On conforming mortgages about 35% of borrowers put at least 20% down. On jumbo mortgages down payments of 5% or 10% are quite common. PMI. Most jumbo loans do not require pmi payments, however borrowers with a small downpayment may incur additional fees and get charged a higher interest rate.