Explore Your Low Down Payment Jumbo Home Loan Options in Florida

Down Payment Options As Low As 5%

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Unraveling Jumbo Loans: A Common Misconception

Think you need at least 20% down for a jumbo home loan? Think again! At Diamond Residential Mortgage Corporation (DRMC), we offer several 5% and 10% down jumbo programs specifically designed for Florida residents. Fill out our quick questionnaire above to see the low down payment jumbo options that could help you move into your dream home sooner.

Why Choose DRMC for Your Florida Home Loan ?

When purchasing your dream home in Florida, you need a lender who delivers results. At DRMC, we specialize in low down jumbo programs designed to protect your earnest money and meet your closing deadlines. Our loan officers are experts in the Florida market, with extensive experience and a track record of getting loans approved on time.

Enjoy the benefits of in-house processing, ensuring a smooth and efficient process without the hassle of dealing with a call center. Our knowledgeable loan officers are dedicated to providing personalized service and guiding you through every step. With minimal reserve requirements and premium low down payment options tailored for Florida buyers, DRMC is your trusted partner for a seamless home buying experience.

Our Low Down Payment Jumbo Product Offerings

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ComboFlex Jumbo Loan

Discover the flexibility of our ComboFlex Jumbo Loan. Secure a primary mortgage for 80%, a second mortgage for 10%, and make a 10% down payment. This option provides the benefit of paying off the second mortgage anytime without affecting your primary mortgage. Perfect for those seeking a versatile financing solution.

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Elite Five Jumbo Loan

Introducing the Elite Five Jumbo Loan, a single mortgage option that offers up to a 95% loan-to-value ratio with just a 5% down payment. This is our most accessible jumbo loan option, ideal for buyers looking to minimize their initial investment while maximizing their purchasing power.

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Advantage Ten Jumbo Loan

Leverage the Advantage Ten Jumbo Loan, featuring a single mortgage with a 90% loan-to-value ratio. With only a 10% down payment required, this option often provides more favorable terms for loans under $1 million, making it an attractive choice for discerning homebuyers.

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Valor VA Jumbo Loan

Veterans, explore the benefits of the Valor VA Jumbo Loan. As a VA-approved lender, we offer VA home loans above the standard limit with the possibility of a 0% down payment. This loan is designed to honor and serve those who have served our country, providing an exceptional home financing option.

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What is a Jumbo Loan?

A jumbo mortgage loan is designed for home purchases that exceed the conforming loan limits set by Fannie Mae and Freddie Mac, the two government-sponsored entities that buy and sell mortgage loans. In most areas of the United States, the conforming loan limit is $766,550, or $1,149,825 for one unit in high-cost areas. Jumbo loans are ideal for financing higher-priced properties, such as luxury homes, and can cover amounts up to several million dollars.

A jumbo loan caters to the unique financial needs of more expansive properties, providing the necessary resources to turn your dream home into a reality. With the ability to accommodate more significant loan amounts and offer borrower-friendly terms, a jumbo mortgage can unlock the door to a luxurious and comfortable home that reflects your aspirations and achievements.