how much would i need to put down for a jumbo loan and with 745 credit?

Depends on what you mean by jumbo. In LA county a conforming high balance (jumbo) goes to $625,500 and you could go with as little as 5% down. A loan larger than that would be a true portfolio jumbo and the smallest down on those is 10%. The true jumbo will be a little more difficult to qualify and you will likely need to show at least 6 months of payments as post closing assets.With a good score like that and proper income you should be fine.

Depending on the loan amount and where you are purchasing the down payment is between 5-10% on a jumbo in CA.Let's discuss your loan scenario in more detail. Contact me at 800 315 8803. My name is Jamie and I have been in the mortgage business since 1989. I am happy to answer your mortgage questions, 7 days a week and review your loan scenario. Until then, I look forward to hearing from you. Jamie Lynne - www.bartprequalifies.com - email Jamie@bartprequalifies.com - 800 315 8803

This depends on where in Calif you are purchasing and the purchase price. Is this going to be a primary residence? The best bet is to contact your local community bank or lender here on 411.

It will depend on the county you are purchasing the home in and type of loan you are using. Look at the CA conforming loan limits (https://www.prospectrefinance.com/wp-content/uploads/2014/05/2014-Fannie-Mae-and-Freddie-Mac-Conforming-Loan-Limits.pdf) to determine what qualifies as a jumbo loan in the county you are planning on purchasing in. You should expect to put at least 10-20% of the purchase price down for any conforming jumbo loan.

Correction - at least 10-20% down for any non-conforming jumbo loan.