Jumbo Loans – For the home with a bigger loan amount. Jumbo loans are discussed with the buyer when a buyer's total down payment does not put the total.
High Balance Conforming Loan Limits Until risk based pricing is reduced, the loan limits are supported remaining at their present levels, $417,000 for loans up to $520,950 in Sonoma County, CA for conforming high balance loans backed by.
Top-Quality Minimum-Down-Payment Jumbo Loans from SDPL! 100% of the Down Payment Can Come from a Gift. Possibly the biggest advantage of this option over other jumbo loan programs is that 100% of the down payment and the reserve requirements can come from a gift if you reach the 10%-down milestone.
The minimum for a jumbo loan is typically 680, but some lenders may require an even higher credit score More cash in the bank. Knowing you have cash reserves, and not too much debt, makes lenders.