10% Down Nationwide Everywhere Overview

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With Millennial Home Loans quick online loan application, determining if you qualify for 10% Down High Balance Everywhere and for how much, has never been easier.

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Today's 10% Down High Balance Everywhere Interest Rates

10% Down High Balance Everywhere Loan interest rates change on a daily basis. To receive a quick quote on current interest rates Click Here to receive an update interest rate quote.

10% Down High Balance "Nationwide Everywhere" High Balance Purchase Loan Program Benefits

Borrowers can purchase a home with a maximum loan amount of $726,525, with only 10% down
No geographic restrictions. Property doesn't have to be in a Fannie Mae High Balance area. If the property is in a Fannie Mae High Balance area click here to learn about your 5% down options
No monthly mortgage insurance
On a one-unit primary occupancy property, 100% of the down payment can come from a family member gift
Up to 6% seller paid closing cost assistance allowed
Less restrictive appraisal report requirements than a comparable Government Loan appraisal report

High Balance Nationwide Everywhere Qualification Requirements

Only 10% down payment required on a 1 to 2-unit primary occupancy or 1 unit 2nd home
Debt to income ratio cannot exceed 43%
Desktop Underwriting findings must be a DU Approve/Ineligible. The only reason allowed for ineligible is the loan amount. No manual underwriting allowed
Extenuating circumstances on major negative credit occurrence is not permitted
No mortgage late payments within the most recent 12-month period
Primary residence and 2nd Homes only