Learn about jumbo loans.
It’s time to quit worrying about how much you have saved for a down payment. Owning a home at LUX could be easier than you think. Available for jumbo loans from $765,600 to $1,250,000, this new financing option includes a down payment as low as 10.01% with no added mortgage insurance requirement—significantly less than the typical 20% down payment required for the cost of mortgage insurance to be waived. Mortgage options are available for primary residences only and include fixed-rate and 7/1 and 10/1 adjustable-rate mortgage (ARM) products.
With favorable interest rates and several quick move-in homes coming soon at LUX, now is a great time to make your new home ownership dreams a reality.