A jumbo mortgage without a jumbo down payment – MarketWatch – The moves come as the jumbo-mortgage market heats up. Private jumbo originations are on pace to hit the highest level since 2007, and some lenders are lowering down-payment requirements to attract.City of Houston Careers & Job Application – Houston, TX. – Feel free to include City of Houston hourly pay, City of Houston bonuses, and salaries for a City of Houston internship or City of Houston contractor for City of Houston. Benefits: City of Houston health and wellness benefits packages aid workers with current expenses.While the ideal scenario is at least 20% down (no PMI, taxes and insurance don’t need to be escrowed, etc.) most buyers can’t come up with that much cash, in addition to closing costs. If you’re looking for a minimum number, I generally use 6% to 8% for FHA loans including down payment and closing costs.