$0 Down 100% Financing with a VA Jumbo Loan
Here is some additional information for Veterans obtaining a VA Jumbo Loan
• Veterans that have their full entitlement will not need a down payment for a VA Loan regardless of the loan amount.
• Veterans who have an active VA Loan or diminished entitlement with a prior VA foreclosure may need to bring in a down payment.
• Veterans may need a minimum credit score of 620 and lenders may have additional requirements.
• The service requirement for a VA Jumbo Loan are the same as a conforming VA Loan.
• The interest rate may differ slightly and income and credit requirements may vary with lenders.
• Manufactured homes are not eligible for the VA Jumbo Loan program in Boise.
• VA Loan funding fees can be financed for loans greater than $806,500. They may also be paid in cash by the Veteran or by the seller at closing.
• Multi-family 2 to 4 unit purchase transactions will also work with a Jumbo Loan on owner occupied purchases.
• The VA Jumbo Loan program is best with a fixed rate loan.
• VA Funding fee may be waived with 10% or greater service connected disability.
• Other terms and conditions may apply, contact your local VA Lender for details.