If the property is appreciate with a value higher than the selling price, so you will have equity in the property you don,t need to pay 20% down payment.
Veronika Baba Kian Realty NYC
Erika, Broker for Residential & Commercial Properties
Jumbo loan requirements can differ depending on the state you are in. For a better answer I would speak to your bank or your loan officer to see if there is a way you can lower the down payment.
Bond New York
Licensed Real Estate Salesperson