A Jumbo Loan With a Lower Down Payment for Your Bigger Purchase.
Qualify with a range of flexible documentation options, for purchase, refinance, or cash-out up to $3 million.*
More home, less money down.
A bigger purchase does not have to mean a harder process.
- Qualify with a range of documentation options
- Purchase, rate-and-term refinance, or cash-out on eligible properties*
- Primary residences and second homes*
- Down payment requirements vary by loan size* on eligible jumbo programs*
- Purchase & refinance with low-down-payment options, and cash-out is also available*
- Full-doc and flexible documentation paths for qualified borrowers
Loan amounts starting just above the conforming limit, up to $3 Million*
Buy, refinance, or take cash out
Primary or second home
Qualify with a range of flexible documentation options
Down payment requirements vary by loan size*
Fixed rate financing
What is the Saxton Low-Down-Payment Jumbo?
Financing for loan amounts above standard conventional limits
The Saxton Low-Down-Payment Jumbo is a full-featured mortgage for financing homes priced above the conforming loan limit.
Qualify with standard documentation: income, assets, and credit reviewed the usual way.
Use it to purchase a home, refinance your current mortgage, or take cash out of your equity, on a primary residence, second home, with loan amounts up to $3 million.*
Why choose the Saxton Low-Down-Payment Jumbo?
Built for jumbo buyers who would rather keep more cash on hand.
Move-Up & Luxury Buyers
Finance higher-priced and luxury homes with loan amounts up to $3 million.*
Higher-Priced Purchases
Finance eligible homes, including 2–4 units, warrantable and non-warrantable condos.
Second & Vacation Homes
Purchase or refinance a second home in the market you love.*
Cash-Out Refinance
Tap your equity to reinvest, consolidate, or fund your next move on eligible properties.*
Less Money Down
Requires less money down than a jumbo loan usually asks for.
Higher Balances
Go above the conforming limit without splitting into multiple loans.
Hear From Homeowners Like You
Frequently Asked Questions
The questions we get asked most about the Jumbo Loan With Less Money Down.
Yes. At least one program allows more financing than the standard jumbo tier for borrowers with strong credit and reserves.
Yes, and this is the condition to plan around. Above the standard financing tier at least one program is limited to a fixed rate, so an adjustable rate is not an option there.
A 720 score at that tier. This route is built for strong credit rather than for thin files.
Twelve months at that tier, against six months at the standard tier. The stronger financing is paid for in reserves.
That tier runs to $1 million on at least one program. Above it you move back into the standard tiers.
Single-family homes, PUDs, warrantable condominiums and two-unit attached properties. Co-ops, condotels, non-warrantable condominiums and manufactured homes are not.
The strongest financing tiers are written around a primary residence. Second home and investment occupancy follow their own, tighter tiers.
Lower than the standard jumbo tier, which is the point of the program. The down payment required for jumbo mortgage financing depends on the tier you land in: on at least one program the lower down payment tier is available on loan amounts up to $1 million, on a fixed rate only, with a 720 credit score and twelve months of reserves left after closing. Above $1 million you move back into the standard jumbo tiers, where the down payment steps up and the reserve requirement drops to six months. Down payment and cash-out limits also vary by occupancy and credit, so a loan officer will quote your exact figure once the property and price are known.
Yes, loan size and down payment are linked. The jumbo mortgage minimum down payment sits at the smallest balances with the strongest credit, and it rises as the loan amount rises, because each higher tier trades a larger loan for more equity, more reserves or a higher score. The lowest down payment tier is written around a primary residence; a second home or an investment property follows its own, tighter tiers. Single-family homes, PUDs, warrantable condominiums and two-unit attached properties are eligible on this program. Co-ops, condotels, non-warrantable condominiums and manufactured homes are not.
Find out what you qualify for
Whether you’re buying, refinancing, or pulling cash out, there’s likely a Saxton Low-Down-Payment Jumbo program that fits. Get a fast, no-obligation pre-qualification today.
Get Pre-Qualified*Loan amounts, rates, terms, and down payment requirements are subject to credit approval, income and asset verification, and program eligibility. Maximum loan amount $3,000,000. Down payment and cash-out limits vary by occupancy, credit score, and documentation type. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.