Jumbo Loan

5% Down Jumbo Loan

Security Home Mortgage introduces the 5% Down Jumbo Loan to address the rising demand for higher loan amounts due to significant home appreciation in recent years. This special loan allows buyers to avoid hefty down payments and steep interest rates traditionally associated with larger loans. By offering a 5% down payment option, the loan is valid for sales prices up to $738,000, and borrowers can sidestep increased underwriting scrutiny and costly mortgage insurance payments. Additionally, this solution allows homebuyers to keep their funds liquid while still achieving their dream home, with the potential for higher returns on investment in appreciating markets. With Security's 5% Down Jumbo Loan, they aim to make homeownership more accessible and tailored to individual needs and financial goals.