How Much of a Down Payment Is Required for a Jumbo Loan?

What is the Required Down Payment for a Jumbo Loan?


A 20% down payment (the standard for conventional loans) is often required for a jumbo loan -- but this isn’t always the case, and some borrowers may be able to obtain loans with down payments as low as 10-15%. Despite that, these low down payment jumbo loans may be even stricter in regards to credit score requirements, income documentation, cash reserves and debt/income ratio. As always, lenders want to make sure you have a good chance of making all your payments before they take the risk of loaning you hundreds of thousands -- or millions of dollars.

If you have more questions about down payment requirements for jumbo loans, fill out the form below and a mortgage specialist will reach out to you.