http://www.trulia.com/voices/Financing/Is_it_possible_to_get_a_Jumbo_loan_without_down_-143237We have good credit and have a combined annual income of $170,000. We are also first time home buyers.en-ushttp://www.trulia.com/voices/profile/Other-Texas_City_TX-825143/http://www.trulia.com/voices/profile/Other-Texas_City_TX-825143/It is possible for you to get a jumbo loan... for Jumbo loans, you can visit: http://www.eaglenationwidemortgagetx.com/Fri, 31 Jul 2009 02:03:45 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Atlanta_GA-738752/http://www.trulia.com/voices/profile/Real_Estate_Pro-Atlanta_GA-738752/It might very well be possible, but it is seriously ill-advised. I would be glad to discuss it further with you, if you would like to e-mail me: bryan.furse@metrobrokers.comThu, 30 Jul 2009 21:34:01 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Atlanta_GA-797254/http://www.trulia.com/voices/profile/Real_Estate_Pro-Atlanta_GA-797254/Update on this answer. You may look into doing a first mortgage at $417,000 and a second with a credit union that deals with second mortgages. The companies I use require scores above 760 and DTI (debt to income) of around 32-36%. I am doing a jumbo loan right now where the client is bringing 5% down payment. Call me if you would like more information: 770-255-3831 Academy Residential (.com)Fri, 24 Jul 2009 06:15:45 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Atlanta_GA-797254/http://www.trulia.com/voices/profile/Real_Estate_Pro-Atlanta_GA-797254/Yes. Financing is available with 10% down. Most likely you wil be doing an 80/10/10, where your first mortgage will be 80% of the sales price, 10% will be a second mortgage from another lender or the same, depending on which bank you use and 10% of your own funds. There are some lenders that offer 1 loan at 90%, however, the mortgage insurance and rate is higher going that route. Another great way would be to do the first mortgage at $417,000 (the maximum conforming loan amount) and the second mortgage for the remainder up to 90%. This will give you a better rate on the first. Now, if the sales price is in the $700,000 range, it makes it a little more difficult to get a second mortgage company to loan $200,000 with a $417,000 first. Being a first time homebuyer in this market, unfortunately, doesn't give you any advantages (especially with your income).Mon, 06 Jul 2009 15:52:48 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-30078-256327/http://www.trulia.com/voices/profile/Real_Estate_Pro-30078-256327/Yes, you can, Rain. I gave you a list of lenders yesterday to contact. If you need more info, please email or call and I will follow up as soon as I can. Good Luck! Michael Hammond SellsRealty@gmail.com 404-538-5499Mon, 06 Jul 2009 15:45:01 -0700