So my wife and I are in the process of buying our first home. It will be our primary residence, it is located in MA. Everything is complete, P&S, appraisal, etc.
The home is appraised at the purchase price of $895,000. We have excellent credit >765, low debt, and excellent income. I am a doctor, which is relevant, as some lenders only do 5% for certain professions.
We ONLY wish to put down 5%.
So, my question is, who offers either 95% jumbos, or an 80-15-5 mortgage for this loan amount of $850,000????
All information appreciated.
We are NOT interested in options putting down more than 5%.