1-877- 292-7350 jhurst@hurstlending.com

Low Downpayment Jumbo Loans

A Smart Choice for Expensive Properties

Jumbo Loan Solutions

We offer jumbo loan options with low down payments, making homeownership more accessible. Unlike many lenders who require a 20% down payment for non-conforming jumbo mortgages, we offer several low-down payment options to fit your financial situation. Let us help you achieve your dream of homeownership with our low-down payment jumbo loan options.

Jumbo "Split" Mortgages

A second lien will cover any amount that is in excess of the first lien, which is capped at the limitations of a traditional loan.

Low Downpayment Options

5% down: purchase prices up to $920k 

10% down: purchase prices up to $1.5M

20% down: purchase prices up to $3M

Cash Out Jumbo Loan

You can obtain cash out of your existing property by refinancing it.

What is a Jumbo Loan?

Jumbo Mortgages

A jumbo loan, also referred to as a jumbo mortgage, is a type of mortgage financing that exceeds the conventional conforming loan limit set by the federal housing authorities in the United States. Currently, the conforming loan limit for 2023 is set at $726,200 and may be even higher in high-cost areas. Any mortgage loan with a loan value greater than the conforming loan limit is considered a jumbo loan. Whether you are looking to purchase a new home or refinance an existing jumbo mortgage, we can help.

Maximize Your Home Financing Potential

Are you tired of dealing with the frustrating and complicated process of obtaining a jumbo loan? Look no further! Hurst Lending is here to make your home financing journey a smooth and effortless one. As an experienced Jumbo loan lender, we have the expertise and experience necessary to help you secure the funding you need. Our focus on jumbo and non-conforming mortgages sets us apart from the competition. With Hurst Lending, you can count on personalized support, expert guidance, and the assurance that you are working with a trusted and reliable lender. Don’t let the jumbo loan process hold you back from realizing your dream of homeownership. Let Hurst Lending help you maximize your home financing potential.

5 Stars 300x52 1

I’ve worked with Jay Hurst on several loans.  Jay is extremely knowledgeable and helpful, and was able to advise me on the options for my recent purchase. Great guy to have on your side, and great rates!

Kevin B.

5 Stars 300x52 1

Hurst Lending was very easy to work with and stayed in constant contact with me throughout the loan process so I never had to wonder what the status of the loan was.

Naomi R.


Hurst Lending
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The Hurst Lending Difference

Funding Choices

Low downpayment options available.

Quick Decisions

With a quick closing and no red tape.

Great Rates

We offer some of the best rates available.

Problem Solving

Creative approaches for unique situations

Competitive Low Down-Payment Jumbo Rates

Our jumbo loan rates are competitive, and may even be slightly lower.

Frequently Asked Questions

What qualifies a loan as jumbo?

A jumbo loan is a type of home loan that is used to finance homes that are too expensive for conventional financing. In most counties, the current conventional loan limit is $726,200 as of 2023. Homes priced above the conventional limit necessitate a jumbo loan. A split loan could be another option for a higher-priced home. A split loan is a conventional loan originated at the maximum conventional limit combined with a second loan to cover the balance of the loan. This is an excellent way to obtain a lower-interest conventional loan while avoiding a higher-interest jumbo loan.

Is it harder to qualify for a jumbo loan?

Jumbo loans are larger than conventional loans, and investors keep track of them. Jumbo loan investors underwrite more stringently, often requiring slightly higher credit scores than conventional loan investors. That being said, jumbo loans are not difficult to obtain, and we offer a variety of jumbo loan options to assist our customers.

Do you have to put 20% down on a jumbo?

No. Many lenders require buyers to put down at least 20%, but Hurst Lending allows borrowers to put down as little as 5% when using a split-loan to obtain a jumbo loan.

Are interest rates higher on jumbo loans?

It is determined by the market cycle. Jumbo loan rates are frequently higher than conventional loan rates, but there are times when a Jumbo loan will be the same or even slightly lower. We will locate the best option for you, whether it is a jumbo loan or a split jumbo loan (which is a conventional loan at the jumbo loan limit and a 2nd loan to cover the rest of your loan needs). We will create several scenarios to help you decide which option is best for you!

What are the downsides of a jumbo loan?

A jumbo loan may be more difficult to obtain, and the interest rate may be slightly higher than on a conventional loan. Jumbo loans typically necessitate slightly higher credit scores and a little more in reserves. That being said, we have very competitive jumbo loan offers and can assist nearly anyone who would qualify for a conventional loan.

What’s the difference between a jumbo loan and conventional loan?

A jumbo loan is simply a home loan that exceeds Fannie Mae and Freddie Mac’s maximum conventional loan limit. Because they do not “fit” within the dollar limits set by Fannie Mae and Freddie Mac, these loans have differences in lending requirements

Can you put 5% down on a jumbo?

Yes. For a Jumbo Loan, most lenders require a minimum 20% down payment. We are unique. Hurst Lending offers jumbo mortgages with as little as 5% down when combined with a conventional loan and a second lien.

What credit score is required to qualify for a Jumbo Loan?

A buyer’s credit score must be slightly higher than that required for smaller conventional loans. For a Jumbo Loan, most lenders require at least a 700 credit score, whereas conventional loans allow slightly lower credit scores.

Jumbo Mortgage Expertise

We help simplify the jumbo loan process & get you a low downpayment.

About Hurst Lending

We have been helping our customers buy, sell, and refinance their homes since 2006. Our personalized approach to the home buying process includes a suite of services that solve common hurdles in the home buying process.  Have you ever experienced the frustration of trying to buy before you sell; Losing your dream home in a bidding war; Trying to get a No-Seasoning Cash-out loan; Being unable to obtain a mortgage because your new or old house needs modest repairs; or simply because you prefer using our funds to close quickly without having to liquidate other investments?  Our Industry-leading suite of short-term loans solves these issues.  We also offer a suite of real estate investor loan products and a full suite of conventional, VA, FHA, construction and traditional home loans.