A traditional 20% down payment is not always the only path for a qualified luxury-home buyer.
Qualified borrowers may have access to low-down-payment jumbo financing, loan amounts up to $2,000,000 under the highlighted option, and no monthly mortgage insurance on certain eligible structures.
Many buyers delay a luxury-home purchase because they assume every jumbo loan requires at least a 20% down payment. MortgageUSA can review whether an eligible financing structure may allow approximately 10% down while preserving more liquidity.
Many buyers delay a luxury-home purchase because they assume every jumbo loan requires at least a 20% down payment. MortgageUSA can review whether an eligible financing structure may allow approximately 10% down while preserving more liquidity.
| Illustrative Purchase Price | $1,500,000 |
| 20% Down Payment | $300,000 |
| Approximately 10% Down | $150,000 |
| Potential Liquidity Preserved | Approximately $150,000 |
Illustration only; excludes closing costs, prepaid items, reserves, points, and other required funds. It is not a loan estimate.
| • High-income professionals who prefer not to place 20% down | • Physicians and other eligible medical professionals |
| • Executives, attorneys, business owners, and self-employed borrowers | • Relocating or second-home buyers who want to preserve funds |
Review financing possibilities for homes throughout Tampa, South Tampa, Davis Islands, Hyde Park, St. Petersburg, Snell Isle, Clearwater, Belleair, Wesley Chapel, Lutz and other Tampa Bay luxury communities.
