10.01% Down 2nd Home Loans No PMI up to $2mm
Many Kauai buyers on vacation think they always need to put 20-25% down-payment for a non-primary residence – Rocket Executive Local has product called Jumbo Smart with the following features if purchased as 2nd home / full-doc:
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Down-payment 10.01%
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Loan size up to $2mm
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No Lender PMI
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Condo or Single Family
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Debt to Income ratios up to 50% (helpful for jumbo’s!!)
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Minimum credit 740
Please reach out for specific pricing and lender guideline definition of 2nd home





