$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 $726,200. 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