With home appreciation up 25-35% in the last 5 years, higher loan amounts are in a greater demand. Traditionally, these larger loans required hefty down payments, and came with steeper interest rates. Security Home Mortgage is here to help
Introducing Security’s 5% Down Jumbo Loan.
- Valid on sales price up to $738,000.
- Avoid higher interest rates associated with Jumbo loans
- Avoid increased underwriting scrutiny associated with Jumbo loans. i.e FICO, DTI, and LTV
- Avoid paying costly mortgage insurance
- Keep your hard-earned money liquid, while still obtaining the home of your dreams
- Lower down payments can provide higher ROI in appreciating markets

*5% down payment gives a loan amount of $738,000, CLTV of 95%. 1st mortgage amount of $453,100 and a rate of 4.625% and 2nd mortgage amount of $250,000 and rate of 6.125%, APR 4.762% on 30 year fixed 1st. APR on 2nd mortgage 8% 15 year fixed rate