Near-miss Jumbo Money Having As little as 10% Off

Many would-be home buyers are discouraged by the strict qualification criteria and large down payments many loans require. While the big banks and credit unions are great to work with for important Jumbo money , which provide more affordable financing, many people are still denied. This is because most jumbo lenders still want a 20% down payment with perfect credit. If you land slightly outside their underwriting parameters, you’ll most likely be turned down. Jumbo…