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Jumbo Mortgages With Only 5% Down

At LoanBud, we offer jumbo loans with as little as 5% down so you can preserve liquidity and close on your dream home.

Ready to get started?

Don't Choose the Wrong Jumbo Lender


Getting a jumbo mortgage is tough. As a jumbo loan applicant, the risk of your loan being denied is much greater due to strict qualifying requirements. If your loan is denied, you could:

❌ Miss your closing date
❌ Lose out on your dream home
❌ Forfeit your earnest money deposit
❌ Waste your time and money

LoanBud is dedicated to helping people just like you get approved for jumbo loans with as little as 5% down and flexible guidelines. People who want to avoid wasting time and money working with the wrong jumbo lender.

Why LoanBud?

 

We host a variety of products that can help suit your individual needs. Some of the benefits are:

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LOW DOWN PAYMENT

Preserve liquidity with as little as 5% down up to $2 million and as little as 10% down up to $5 million.

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FLEXIBLE GUIDELINES

We allow as low as 620 FICO scores for Jumbo Loans. Recent bankruptcies, short sales or foreclosures may be acceptable.

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HIGHER LOAN AMOUNTS

We allow jumbo mortgages up to $10 million for those purchasing higher value properties.

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UNLIMITED CASH OUT

Jumbo refinances have no cap on the amount of cash you can receive up to the program LTV limits.

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NO TAX RETURNS

We offer several ways to qualify without using tax returns so you can get approved for your Jumbo loan.

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OCCUPANCY TYPES

In addition to primary residences, we provide Jumbo mortgages for second homes and investment properties.

What Our Clients Have To Say:

"Before working with Ayinde White I applied for a mortgage with another lender but later got denied. Getting denied for a mortgage was unexpected and defeating. Looking back, I should have realized that most loan officers out there just don't understand self-employed income. Ayinde White knew right away what I was going through and his experience working with other business owners gave me the confidence I needed to move forward. I am happy to say I am now a proud self-employed home owner and I owe it to Ayinde White. I'd recommend him to anyone who is self-employed!"

Ryan G.

Self-Employed Borrower

“As business owners, we didn't have the type of income documentation most banks needed to get us approved for the loan amount we needed. We were worried about getting dragged through the mud and losing our time and money working with the wrong lender. After meeting with Ayinde White and finding the right option that made sense for us and our source of income, Ayinde gave us confidence that our loan would close. Not only did we get approved, we ended up with a down payment far lower then we were hearing from other banks. We have already started recommending Ayinde White to fellow business owners!”

Christian and Michelle B.

Self-Employed Borrower

"I am a successful freelancer who after a few years of major growth decided I was ready to take the next step and buy my dream home. The problem was I was told by multiple lenders I could not get a mortgage because of my tax returns which made me feel stressed and overwhelmed. I thought all hope was lost until I scheduled a consultation with Ayinde White. He completely understood my situation and guided me through options I didn't know I had. Ultimately, Ayinde and his team helped me close on my dream home. I would absolutely recommenvd Ayinde White and his team to anyone, especially if you are self-employed!"

Michelle G.

Self-Employed Borrower

Getting a Loan with LoanBud
is as Easy as 1, 2, 3 ...

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Schedule a Consultation

Speak with one of our experienced loan officers who will understand your goals and help create a plan.

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Know Your Options

Discover what options are available to you and have confidence knowing your income has been reviewed up front.

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Close Your Loan

Relax as we guide you through a stress-free loan process so you can close on time.

FAQs

What is a Jumbo Loan?

A jumbo loan is a mortgage that is used to finance a home that is too expensive for a conventional conforming loan. The local conforming loan limit is set by the Federal Housing Finance Agency (FHFA). In 2022, the conforming loan limit for a one-unit property is $647,200 in most counties, although it can be as high as $970,800 in certain high-cost areas.

If you’re considering purchasing a high-value or luxury home, a jumbo loan may be right for you.

What are the requirements for a jumbo loan?

Unlike conventional home loans, Jumbo loans are not guaranteed by Fannie Mae and Freddie Mac, so the lender is not protected from losses if the borrower fails to pay back their loan. This means that they are riskier to the lender. Because of the higher risk, the requirements are often more stringent than that of a conforming loan.

Here's how LoanBud makes it easier for you to qualify for a jumbo loan:

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What are your jumbo mortgage rates?

Jumbo loans can come with higher interest, but that isn’t always the case. Borrowers may find jumbo loans with interest rates comparable to those of conforming or conventional loans.

Many factors will determine the final interest rate, so it’s important to speak with a loan officer who understands jumbo mortgages.

How much should my down payment be for a jumbo loan?

Most banks require down payments as high as 30% or more for Jumbo loans, which can feel overwhelming to anyone looking to purchase a large home. At LoanBud, we believe that Jumbo Loan borrowers should not have to put a larger percentage down than everyone else, so we allow jumbo mortgages with 5% down.

Can I get a jumbo cash out refinance?

Yes, at LoanBud we allow for jumbo cash out refinances up to 85% of the appraised value of the property. We can also offer a post-closing Home Equity Line of Credit (HELOC) for an additional 10%, bringing the total leverage to 95% of the appraised value.

What is the maximum cash out on a jumbo refinance?

We believe the equity in your home belongs to you, and that limiting the amount of cash back one can receive from a refinance is just wrong. Unlike other lenders, at LoanBud we do not limit the total amount of cash back you can receive.

Get Approved for a Low Down Payment Jumbo Mortgage


At LoanBud, we know if you’re purchasing a home over $700k you are the kind of person that wants to be successful. In order to be that way, you need a Jumbo mortgage. The problem is, most banks have very strict guidelines and massive down payment requirements, which makes you feel frustrated and overwhelmed. We believe that Jumbo Loan borrowers should not have to put a larger percentage down than everyone else. We understand how frustrating it can be for people to struggle with getting a Jumbo Mortgage Loan. That’s why we allow lower down payments with flexible credit and underwriting guidelines.

Here’s how it works:

  1. Schedule a Consultation
  2. Know Your Options
  3. Close Your Loan


Schedule a consultation today so you can stop worrying about a mortgage and start enjoying your dream home.

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LOANS FOR REAL ESTATE INVESTORS

Mortgages for investment properties and Airbnb homes with no income documentation required.

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PIGGYBACK MORTGAGES

Piggyback loans with as low as 5% down and no mortgage insurance.

Ready For A Consultation With Ayinde?

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