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10% Down. High Balance "Nationwide Everywhere" Loan! Loan amounts up to $726,525

No County Limits, Only 10% Down Payment Required.

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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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