Jumbo Mortgage Programs
PMA has added programs for as little as 10% down or 15% down with no mortgage insurance!
Over the past few years, a combination of higher jumbo mortgage rates and extremely strict underwriting guidelines had made it difficult for both buyers and sellers in the high-end housing market. Jumbo rates have dropped dramatically however—near record lows—and PMA has added new programs to help you get approved and into the home of your dreams.
Programs Include:
- 15% down program with no mortgage insurance
- 10% down program with mortgage insurance or secondary finance option to avoid MI
- Fixed and Adjustable Rate options available
- Interest Only programs
- For mortgage amounts over $417,000
Contact one of our PMA Mortgage Advisors for more information.