This is exactly the kind of scenario in which I specialize, and we can offer this throughout CA. As of January, 2016, we are able to get to a purchase price of $1.7MM with as little as 10% down. This can be accomplished with an "80-10-10" structure, also known as a piggyback loan. We also have access to the REX Homebuyer program, which will allow a buyer to get up to a purchase price of $2.5MM with 10% down, though there are some additional restrictions on this program.
We can get to a purchase price of $3MM with as little as 15% down, and this is done with a single loan that has no PMI. For all scenarios above, I am implying that the rates and terms are consistent with best market rates and not some type of loan program that comes with excessive costs or higher-than-market rates.
Get in touch with any questions any time and feel free to check my references online (Yelp, etc.) and here on Trulia.