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Jumbo Home Loans with 10% Down in 2023

As of 2023, the Conforming loan limit for San Diego County is $977,500 for a single-family home. Check 2023 California Home Loan Limits for your county here. A Jumbo home mortgage, on the other hand, is a loan that exceeds the Conforming loan limit set by Fannie Mae and Freddie Mac. So in San Diego County, a Jumbo home mortgage would be a loan that exceeds $977,500.

Traditionally, Jumbo loans have required a larger down payment, typically around 20% of the purchase price. However, we now offer Jumbo mortgages with a lower down payment requirement, making it easier for borrowers to afford homes in high-cost areas.

10% Down Jumbo Loan Program Highlights

Rate & Term Refinance
Cash-Out Refinance
Traditional W2 or Self-Employed

10% Down Jumbo Loans for Traditional W-2 Borrowers

Eligible Occupancy Types:
Primary residences for 1-2 units properties
Second Homes

Ineligible Occupancy Types:
Primary residences for 3-4 unit properties
Investment properties

Borrowers qualifying with only retirement income are considered W-2 borrowers.

10% Down Jumbo Loans for Self-Employed and 1099 Borrowers