1 Compute alpha (Î±): Î± = 1 - (confidence level / 100). 2  Find the critical probability (p*): p* = 1 - Î±/2. 3  To express the critical value as a z score, find the z score having a cumulative probability equal to the critical probability (p*). Compute alpha (Î±): Î± = 1 - (confidence level / 100). 2  Find the critical probability (p*): p* = 1 - Î±/2. 3  To express the critical value as a z score, find the z score having a cumulative probability equal to the critical probability (p*).
The 10% minimum down payment on jumbo loans program is becoming increasing popular and gives qualified homebuyers with limited down payment sources an opportunity to purchase higher end homes. The maximum loan size on the 10% minimum down payment on jumbo loans program is capped to a loan size of $750,000.
What is a jumbo mortgage and how do you qualify? A jumbo mortgage is a home loan for an amount that exceeds conforming loan limits established by regulation. The jumbo loan limit is $417,000 in most of the United States. The limit on jumbo loans is $625,500 in the highest-cost areas.