What to Know About 5% Down Jumbo Loans in 2026

United Home Loans is proud to be one of the few mortgage banks that offer specialty jumbo loans, including 5% down jumbo loans in Illinois. And there is great news! Qualifying for a 5% down jumbo loan in 2026 might be easier than you think!  

5% Down Jumbos of the Past

Before and during the COVID era of lending, 5% down jumbo loans were a great solution if you qualified. And that wasn’t exactly easy. These loans were restricted to those with over-average credit scores and/or 6 months’ worth of mortgage payments in the bank. Basically a picture-perfect borrower. 

In the past, 5% down jumbo loans were more of a convenience for well-qualified borrowers than an affordability solution. Today, they’re a tool to make dreams come true. 

Relaxed Requirements in 2026  

The qualifying requirements for a 5% down jumbo loan closely resemble those for a conventional loan. Check it out: 

• Borrowers with a credit score as low as 660 can qualify
• The debt-to-income ratio limit of 45% is high enough to include most interested buyers
• Borrowers only need 2 months of reserves

So, even if you have less than perfect credit, student loan debt, or are putting the bulk of your money toward the down payment, a 5% down jumbo loan may be in your future!   

More Jumbo Solutions

A 5% down jumbo loan may be exactly the mortgage you need, or if you’re outside of Illinois, it could be another jumbo program! From DSCR to Bridge Loans, we’re here to help you carve the most affordable path to the home you want.