Need a jumbo loan in CA, purchase price $725,000 with 10% down?

Although most lenders want 20 % down on Jumbo loans, in your scenario, you might be able to use conventional, conforming financing.. Certain areas of CA allow for higher loan amounts, higher than the $417K... if you know which county your interested in, you can go to FNMA's website and lookup to see what the maximum loan limit is for that county.. here's the link... https://www.fanniemae.com/singlefamily/loan-limitsI'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

i need to know more....is this property going to be your primary residence? how much income do you show? how is your credit?

In order to determine if you will qualify for that loan amount we will need more information including what your credit score is, your income, etc. Feel free to contact us at info@prospectfgi.com (we are a California-based lender), so we can go over more specifics to determine your interest rate for the jumbo loan.

I can help you with that but I need to speak with you so I can see what program is best suited for you.Please call me at 678-483-8064.Thanks,Brian

Hi Karl, I see you are from NY. Why not give me a call and I can see what loan would work best for your situtaion. thanks Peter , 855 411 LEND you can email me at NYLOANMAN@aol.com. WWW HOMEMORTGAGEXPERT.com

TD Bank does 10% down Jumbo Loans in New York but not in CaliforniaJohn Reindel908-451-5636

TD Bank does 10% down Jumbo Loans in New York but not in California.John Reindel908-451-5636

You can also consider a FHA loan. They just however increased the down-payment from 3.5% to 5% down. More information will be necessary in order to determine your rate. A Conventional loan will require 20% down. I do know of some portfolio lenders that have special programs that will allow for under 20% without any mortgage insurance, but it will not be a Fannie Mae or Freddie Mac-backed loan. Give me a call if you ever need any help at (714)-717-7013. We can handle your pre-approval, send listings, and even have one of our local Realtors help you out if you haven't chosen one already.

you are going to need 20%