No matter what amount of money you are taking down in your refinance, you have to keep an amount that is certain of in your home.

No matter what amount of money you are taking down in your refinance, you have to keep an amount that is certain of in your home.

For loan quantities as much as $1 million, you need to keep the absolute minimum of 20per cent equity in your home. It is possible to simply simply just take money down on loan quantities as much as $2 million, but you’ll need certainly to leave more equity in the house (up to 30%).

Jumbo Loan On An Investment Property

You can do so with a jumbo loan if you’re looking to purchase or do a rate-term refinance on an investment property. Here you will find the details: