Updated over 4 years ago on . Most recent reply
Jumbo loan 10% down possible?
Hello everyone. Anyone know/have a lender that will do a jumbo loan of around $1 million for an investment property with only 10% down. This would be for a cabin purchase in East Tennessee. I know most require 15-20 percent down for investment loans but I only have enough for 10% downpay. I’m closing on a another property in 3 weeks and already using my second home/vacation conventional loan for that. So this new property would need to be a jumbo investment loan. Any help would be appreciated.