10% Down Jumbo Loans | Valor Lending Group
Have you been searching for 10% down jumbo loans? In this article, we will outline crucial tips for AZ and CA owner occupied 10% down jumbo loans. Our Team of Jumbo Loan Experts is here for you from start to finish. It is so important to have personal mortgage advisors that will guide you throughout this grueling and complicated mortgage loan process. We will make it EZ for you! On the spot advice, service and support. We feature dozens of unique Jumbo Loan Programs for your luxury properties! We always price out with all of them to ensure you are being presented with today’s very best pricing.
Valor Lending Group has 10% Down Arizona and California Jumbo Loan’s available up to $2M including a few options with NO mortgage insurance.
If you are a real estate investor, self-employed, or full document qualifier, we feature jumbo programs for most scenarios.
Valor Lending Group can provide jumbo loan financing for your primary residence, second home, and investment properties.
Give us a call today to discuss our All-New Jumbo Loan Programs!
Jumbo loans for your luxury properties in AZ and CA:
We have helped thousands of Californians and real estate investors nationwide. We are excited to announce we are now serving all of Arizona. There is no question too big or too small that we won’t be able to help you with. We pride ourselves on our top-notch communication skills to tackle any situation that comes our way. Reach out to us today, and one of our loan officers will get back to you ASAP with advice you can trust.
We have the Arizona and California New Latest 10% Down Valor Jumbo Loans!
Tips to qualify for your jumbo loans:
This is a full document, tax return loan. If for any reason you don’t qualify for this program, we have many more options and we will tailor a funding solution to your specific scenario.
- These programs typically require a 45% or less DTI (debt to income ratio) and even as low as 35% on our 10% down jumbo’s
- Credit scores are typically 700+ to qualify but we get exceptions on occasion, so run it past us.
- Valor’s Jumbo Loans generally require 20-35% down for best pricing however, we do offer the 10% down jumbo up to $2M
- Self-employed borrowers require that we average 2 years AGI on your tax returns
- We fund Jumbo Loans up to $30,000,000, the higher the loan, the lower the LTV
- We will source all deposits for the past 2 months, so be sure that you do not deposit over $2,000 in cash per month and that your funds are seasoned in the account as required by the specific program (usually 2 months)
- We will use your 2 years most recent tax returns, W-2’s, and 30 days most recent pay stubs for the income documentation
The time is now to trust Valor Lending Group with your future dreams, so don’t wait, let us get started on a scenario for you TODAY!
What is a Jumbo Loan?
A Jumbo Loan is a full document, conventional home loan that surpasses the conforming lending limits of Freddie Mac and Fannie Mae within your specific county. 2023 limit is $987,500 for an SFR in San Diego County.
Valor Lending Group has funding solutions for every category, full doc low rate loans, stated income loans, and hard money bridge loans.
Why Use Jumbo Loans?
- When buying or refinancing a luxury property that exceeds your county’s loan limits (typically over $1M in CA)
- To avoid high cost stated income and hard money loans
- Home prices keep rising so more and more jumbos are needed for the community
Traditional mortgage lenders require tax returns, W-2s, and paycheck stubs to determine monthly income. For salaried and hourly borrowers, the lenders look at gross income for qualifying purposes. But for self-employed borrowers, traditional mortgage lenders look at net income, the adjusted gross income showing on tax returns. The qualifying income is viewed in conjunction with all debts, and a debt-to-income (“DTI”) ratio is calculated. Traditional mortgage lenders would be required to have a DTI of no more that 43%, however, at Valor Lending Group our funding sources typically allow up to 50% DTI and a lower credit score and down payment requirement.
How Do You Qualify for A Jumbo Loan?
You qualify for a Jumbo Loan in the same way as a conventional or high balance loan, with full documentation, such as 2 years tax returns, W2s, most recent pay stubs, etc.
Valor 10% Down All New Jumbo Loans | Program Highlights:
- Up to 90% Max LTV | As low as 10% down jumbo loans (Up to$2M)
- 90% Max LTV | As Low as 10% Down!
- Gift funds are allowed
- 40-year fixed term with IO options available in many cases
- Max Loan Up to $30MM!! (Most lenders cap at $2M-$3M)
- Flexible Guidelines
- 15-, 20-, 25- & 30-Year Fixed Interest Rates, and ARM’s for lowest rates
- Non-occupant co-borrower + Gift Funds
- Interest-Only with 680 + Fico
- 80% LTV cash out (Up to $1.5M)
- 4-year seasoning – short sales + bankruptcy
- 3-years seasoning – foreclosure
- Valor boasts the very best communication, service, rates and performance in the industry
- Valor ensures the very best pricing by shopping with many direct lenders, so you don’t have to!!
Call (619) 344-2640 or email info@valorlending.com
Valor Lending Group can also fund your fast-hard money jumbo loan up to $25M in as little as 7 days often without an appraisal.
Valor Lending Group offers EVERY mortgage loan in the book!
Please do not hesitate to call on us for any and all scenarios.
We look forward to an opportunity to demonstrate our prompt and professional handling of your loan.
Recap of our Loan Products:
- Stated Income Loans (No Tax Returns, no W-2s, No P&L) up to twelve million
- Jumbo Loans up to thirty million / Super low rates! / Ten percent down Jumbo’s
- Bank Statement Loans (Great for business owners and self-employed) up to twelve million
- Hard Money Loans funding in as little as 3 -10 days up to twenty-five million in CA & AZ
- Flipper Loans (Flip a property with one of our many options) up to 90 percent Leverage + one hundred percent Rehab
- VA Loans – Up to One Million Five hundred thousand – ZERO Down – We pay for appraisal and donate to Veterans Charity
- Commercial Line of Credit
- One Hundred Percent Financing (cross collateralize other properties – even in 2nd position – hard money)
- Foreign Nationals Loans (no social security, US tax returns or residency required)
- Raw Land & Lot Loans
- Ground up Construction for spec homes, custom homes and commercial ground up to five hundred million
- 2nd Position Loans up to five million
- DSCR (debt service coverage ratio) – Rental Property Loan – No tax returns or DTI calculation! Based on subject property cash flow
- Farms, Vineyards, Ranches and Agricultural Properties (twenty – forty percent down)
- Manufactured Housing / Mobile Homes – Double wide only with land (twenty percent down / 620+ credit score)
- Acreage Properties
- Commercial Loans up to five hundred million – Every type of commercial asset
We also offer:
- 10, 15, 20, 25, 30 years Fixed, Conventional Conforming Loans
- High Balance Conforming Aka Super Conforming
- Reverse mortgages up to Ten Million Value
**Rates and terms subject to change without notice
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