VA Jumbo Loan for Portland Veterans

$0 Down 100% Financing with a VA Jumbo Loan for Portland Veterans

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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 rates may differ slightly and income and credit requirements may vary with lenders.
  • Manufactured homes are not eligible for the VA Jumbo program in Portland.
  • VA Loan Funding fees can financed for loans greater than $647,200. 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 VA 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 disability
  • Other terms and conditions may apply, contact your local VA Lender for details