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Jumbo Loan With 10% Down All Locations : Nationwide Real Estate Advice

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Showing results for jumbo loan with 10% down [Clear search]
Garrett Thill, Real Estate Pro in Imperial, CA
Fri Sep 6, 2013
Garrett Thill answered:
Hi Andrew, you can definitely find a real estate agent as well (I always recommend going to a Realtor). Although, the best thing to do before looking for homes is to pre-qualify with a lender. This way you know what you can afford, if there are issues on your credit, what your payment will look like, etc. Hope this helps you and good luck! ... more
0 votes 15 answers Share Flag
Carie McFadd…, Real Estate Pro in Stockton, CA
Sat Mar 23, 2013
Carie McFadden answered:
Yes, hire/work with an experienced Realtor that can struture your offer so it is attractive to the seller.
0 votes 4 answers Share Flag
Stephen Shie…, Real Estate Pro in Cincinnatiq, OH
Sat Aug 23, 2014
Stephen Shields answered:
Here is a link to describe the program and eligibility
0 votes 5 answers Share Flag
Ashley Carri…, Real Estate Pro in Fremont, CA
Thu Apr 18, 2013
Ashley Carrillo answered:
Hi tigermathur,

I would be happy to help you. Please call me at (510) 789-9824 to discuss your real estate needs.


Ashley Carrillo
DRE 01900059 ... more
0 votes 8 answers Share Flag
Javier Rodri…,  in Orlando, FL
Wed Feb 27, 2013
Javier Rodriguez answered:
I can help purchase a property in Poinciana through foreclosure auction. Orlando or Kissimmee is relative. There are renters for all areas of Central Florida.

The key is to find a well qualified long term tenant and to take care of your tenant's real estate needs so that they do not leave your income property.

Javier Rodríguez
HouseStar Realty
Real Estate Broker, REALTOR ®
Lic: BK703443
Short Sale Foreclosure Resource Certified – SFR
REO Five Star Institute Certified

: 407.429.5243 | Cell: 407.301.3401 | eFax: 407.830.5633
: Office: 1033 Semoran Blvd Suite 245 | Casselberry, FL | 32707 USA
"There are no perfect men, only perfect intentions"

... more
0 votes 6 answers Share Flag
Marge Bennett, Real Estate Pro in Fort Myers, FL
Mon Feb 25, 2013
Marge Bennett answered:
credit unions are an excellent source for home loans. Especially for someone with good credit.
0 votes 4 answers Share Flag
Frank Mediate, Real Estate Pro in Brooklyn, NY
Mon Mar 31, 2014
Frank Mediate answered:
Even if you had a 999 Credit Score the traditional Lending Institutions want you to put down money so that you have something to risk, they call it; "Equity In The Game".
To avoid having to pay Loan Insurance you should put down 20% or more... ... more
0 votes 5 answers Share Flag
Anna M Brocco, Real Estate Pro in Williston Park, NY
Tue Feb 26, 2013
Anna M Brocco answered:
PMI is required for loans that don't close with 20 percent down; see link for some helpful information. ... more
0 votes 9 answers Share Flag
Javier Menes…, Real Estate Pro in Melville, NY
Mon Feb 25, 2013
Javier Meneses answered:
No, if you're putting less than 20% down payment, you're going to get what's called a full review. This means that ANY lender you go to will need to document the condo's current budget and it must meet Fannie Mae standards, which state that the condo must be budgeting for 10% reserves of total operating budget. There might be a couple lenders who portfolio loans where they can do unwarrantable condos, but there really are not many of them

I suggest you either look for a condo who does meet these standards (which can be difficult depending on where you're looking), or try to come up with 20% down payment, in which case your lender will be able to do what's called a limited condo review. In this limited review, such budgets would not be an issue.

Good luck!

Javier Meneses
Senior Loan Officer
NMLS #23130
310 Crossways Park Drive
Woodbury, NY 11797
... more
0 votes 2 answers Share Flag
Katia Piment…,  in Miami, FL
Wed Jul 31, 2013
Katia Pimentel answered:
Hi David,

Yes you can qualified for a mortgage loan to buy a house with 623 score.

Katia Pimentel
0 votes 5 answers Share Flag
Garth Jones, Real Estate Pro in Valrico, FL
Tue Mar 4, 2014
Garth Jones answered:
Yes, the successful plan would include knowing exactly what you are looking for, and being willing to commit quickly once a home that fits becomes available. Having all of your documentation ready to go will help the response time as well. Lastly, most bank owned homes will have an investor lockout time frame-try to take advantage of this. If you want to discuss this further, my contact information is in my profile. ... more
0 votes 9 answers Share Flag
Charlene Joh…, Real Estate Pro in Southfield, MI
Wed Mar 6, 2013
Charlene Johnson answered:
Good Evening Jackson_721,

My name is Charlene and I would be more than happy in assisting you find a home in the University District or Golf Area. I am very familiar with the area and there are some very good deals in these areas.

Please give me a call in the morning and let's get started, have a nice evening.

Thank you,

Charlene Johnson, Realtor
Conquest Real Estate Group
16250 Northland Drive, Suite 202
Southfield, MI 48075
(248) 569-1486 - Office
(248) 595-8966 - Fax
(313) 574-7633 - Cell
... more
0 votes 6 answers Share Flag
Rodney Mason, Real Estate Pro in Atlanta, GA
Wed Nov 23, 2016
Rodney Mason answered:
No, you are not going to find a 203K with that low of a credit score. An FHA 203K is going to require at least a 620+ or 640+ credt score.

For an FHA mortgage, most lenders require a 640+ credit score for the last 2-3 years now.

Prospect Mortgage is one of the few direct lenders to offer an FHA 580-639 FICO loan program. Credit profile is a major factor in a mortgage approval. Generally, there should be no late payments, new collections accounts/charge-offs/liens/judgments in the last 12 months. It is required that all open collection accounts must be paid in full if their cumulative balances exceed $1,000.

The 3.5% minimum down payment can be from the borrowers own funds or it can be gifted from a family member. Two months of reserves for the PITI (Principal + Interest + Taxes + Insurance) payment + HOA Dues will be required. This must be from the borrower’s own funds and not a gift.

Working with a knowledgeable and seasoned loan officer is critical in today's market. Getting Pre-Qualified is the only way for you to find out your options. To get Pre-Qualified for your purchase, you can submit your request online at

Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at
Licensed in Alabama & Georgia with over a decade of lending experience.

Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle® Renovation | VA | USDA | GA Dream | Jumbo Financing.
... more
0 votes 2 answers Share Flag
Amber Taylor, Real Estate Pro in Pompano Beach, FL
Mon Feb 25, 2013
Amber Taylor answered:
Why yes I do! Please contact me!

Amber James
Top Producer
Castelli Luxury Real Estate Services
823 E. Las Olas Blvd
Tel: 305-763-9369
"Queen of Wilton Manors"
0 votes 7 answers Share Flag
charles butt…, Real Estate Pro in san jose, CA
Thu Oct 31, 2013
charles butterfield answered:
Thank you for your question Katie:

You have some very strong points such as your high 780 credit score and your 10 year employment history.

I recommend that you talk with Doug Jones, the owner of Mortgage Magic.

Mr. Jones is one of the best lenders available.

Mr. Jones has been a lender for over 40 years and has a great deal of experience with this issue.

You may reach Mr. Jones at his cell phone: (408) 209-6773.

I also recommend that you go to Mr. Jones website at

Thank you,
Charles Butterfield MBA
Real Estate Broker/REALTOR
American Realty
Cell Phone: (408)509-6218
Fax: (408)269-3597
Email Address:
... more
0 votes 10 answers Share Flag
Brian Diehl, Real Estate Pro in Verona, NJ
Fri Mar 22, 2013
Brian Diehl answered:

The first step is getting pre-qualified for a mortgage. You can do this online (Google "pre qualified mortgage") or you can contact a Realtor who will set you up with a mortgage professional who can get you pre-qualified.

Best of luck to you!

Brian Diehl
Prudential New Jersey Properties
... more
0 votes 13 answers Share Flag
Lynne Knapp,  in Fort Lauderdale, FL
Sat Mar 9, 2013
Lynne Knapp answered:
Hi Adriseda,

Per your question on Trulia > new orleans 33325

Contact me 'Lynne Knapp' (954) 647-5335 Cellular, or email me the best number and time to call you to chat!

Lynne Knapp, Realtor
ReMax Consultants Realty 1
Ft Lauderdale FL
... more
0 votes 6 answers Share Flag
Ken Allen, Real Estate Pro in Clearwater, FL
Wed Mar 6, 2013
Ken Allen answered:
Westchase would be very similar. You will love it. Very family oriented, tons of parks and lakes. Awesome schools, golf course, community pool, etc. It is also great and easy access to the gulf beaches. I will be happy to send you everything that is currently on the market. I am born and raised in Tampa and it is an awesome city with so much to do.There are a few other neighborhoods too that would be what you are looking for. Please call me anytime at 813-624-3679 or you can email me at Thanks so much and I look forward to speaking with you soon.


Ken Allen
The Toni Everret Company
... more
0 votes 8 answers Share Flag
Emmanuel Xue…, Real Estate Pro in Beverly Hills, CA
Sun Mar 23, 2014
Emmanuel Xuereb answered:
Hey there, you can get a better estimate from escrow when you open, but I like to let my seller's know to expect about 7% to 7.5%.
Let me know if this helps.

Emmanuel Xuereb
360 Realty
323 559-9000
... more
0 votes 18 answers Share Flag
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