Low Down Payment Jumbo Loan New Mexico
Looking for a Low Down Payment Jumbo loan in New Mexico? We can help… Jumbo Rates New Mexico offers options for low down payment jumbo loans for homeowners anywhere from Albuquerque to Roswell. As you might know, if you have shopped for a non-conforming jumbo mortgage, most lenders require 20% or more for a down payment. We offer many low down payment jumbo loan options to our customers in New Mexico, including:
- Offer as little as 5% down for purchase prices up to $600,000.
- Offer as little as 10% down for purchase prices up to $1.5 million.
- Offer less than 20% down for purchase prices over $2.25 million.
Until recently, jumbo home buyers had to put down ten over even twenty percent down. We offer low down payment jumbo mortgages to our customers in New Mexico with as little as 5% down with no monthly PMI. This is a great option for customers who want to purchase a home or refinance. There are not many banks, lenders or mortgage companies in New Mexico that offer this program. This is a great option for borrowers in a higher-priced luxury location like Albuquerque, Las Cruces, Rio Rancho Santa Fe, Roswell, Farmington, Clovis, Hobbs, etc.
If you have a non-conforming jumbo purchase price or a jumbo loan amount that you wish to refinance in Albuquerque, Las Cruces, Rio Rancho Santa Fe, Roswell or anywhere else in New Mexico, please contact us with questions on our low down payment jumbo loan options. We will take the mystery of out the process and provide you with a personalized pre-qualification letter to go along with your purchase offer.