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

Low Downpayment Jumbo Loans

Purchase or refinancing options available for jumbo and non-conforming loans.

Jumbo Loan Solutions

We offer jumbo loans with low downpayments. If you’ve researched non-conforming jumbo mortgages, you’re probably aware that most lenders require a 20% or higher down payment. We offer several 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 known as a jumbo mortgage, is any mortgage that exceeds the conventional conforming loan limits set by the federal housing authorities in the United States. For 2023, the conforming loan limit in the United States is $726,200. (or even higher in certain high-cost areas). Any mortgage loan with a loan value greater than this amount is classified as a jumbo loan. The limit is the same whether you are buying a new home or refinancing an existing mortgage.

We Can Help

The process of obtaining a jumbo loan does not have to be frustrating or difficult. Hurst Lending’s is a leading provider of jumbo loans for both the purchase of new homes and the refinancing of existing mortgages. We specialize in providing services for jumbo and non-conforming mortgages.

I’ve worked with Jay Hurst on several loans for my homes over the years, for purchases and refinancing - and just completed one that was a long time planning. Jay is extremely knowledgeable and helpful, and was able to help advise me thru a lot of the nuance the options for my recent purchase, and provide a lot of clarity for me.Great guy to have on your side, and great rates!.

Kevin B.

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 Losing your dream home in a bidding war; Trying to buy before you sell; Had your buyer fallout; or Being on a fixed income and needing your equity to purchase a new home? Our Industry-leading suite of Dominate with a Cash Offer line of credit/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.

Over $1 Billion in Loans Funded

And we're just getting started!

We're Expanding

Offering loans in Alabama, Colorado, Florida, Georgia, Idaho, Iowa, Louisiana, Oklahoma, Oregon, Pennsylvania, Virginia, Texas and Washington.



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