The Best Place to Get a Home Loan!
Jumbo Loan Mortgage
Jumbo Loans
A jumbo loan mortgage is any home loan that is more than the conforming limit of $806,500 according to Fannie Mae guidelines on conventional mortgages. FHA mortgages however have upper mortgage limits that are set for each county starting at the lowest loan limit of $420,680. Since most banks do not have programs available for jumbo loan mortgage products they have become one of our specialities.
Our Michigan Jumbo Mortgages are also available as a portfolio product for expanded guidelines outside of conforming limits. We have several jumbo loan mortgage programs that will put you in control of your mortgage investment.For more information on Jumbo Loan Financing, call 800-555-2098 or apply online today!
By clicking "Submit", you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Riverbank Finance LLC about your inquiry and other home-related matters, but not as a condition of any purchase; this applies regardless of whether you check, or leave un-checked, any box above. You also agree to our Privacy Policy and Terms of Use regarding the information relating to you. Msg/data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. This no obligation inquiry does not constitute a mortgage application. To apply now or get immediate assistance, call us at 1-800-555-2098.
Jumbo Loan Benefits & Features
Our jumbo mortgage loans offer exceptional benefits for luxury home financing. With loan amounts up to $5 million, we provide competitive solutions for high-value properties across Michigan and beyond.
Experience the advantages of working with a specialized jumbo mortgage lender who understands luxury home financing. Our tailored approach ensures you get the best jumbo loan terms for your unique situation.
Jumbo Mortgage Loan Options
There are several luxury mortgage loan options that our loan officers can assist you with to meet your needs. Whether your goal is to have the lowest down payment, lowest rate, or lowest mortgage payment we have the jumbo loan solutions for you.
Choose from a 30 year fixed loan for long term security, our popular 5/1 ARM jumbo loan for excellent initial rates, or a 7/1 ARM jumbo mortgage for extended rate stability. The financially savvy borrower can plan their finances and benefit from historically beneficial rates.
Maximize your monthly cash flow and lower your payments with a jumbo loan mortgage at low rates. Choosing a jumbo loan mortgage for your home loan from Riverbank can save you thousands of dollars over other mortgage lenders.
Jumbo Loan Requirements & Qualifications
Understanding jumbo loan requirements is essential for luxury home buyers. Our experienced team guides you through the qualification process for high balance loans with competitive terms.
Our jumbo mortgage specialists work with borrowers to meet these requirements and secure the best possible terms for your luxury home purchase or refinance.
Jumbo Loan Rates Today
Today's jumbo loan rates are near record lows. Our jumbo 30 year rates will get you the best combination of low payments and security. To take advantage of the lowest rates in the industry our experienced loan officers may be able to recommend a 5/1 ARM jumbo loan or a 7/1 ARM jumbo mortgage. Let us know your goals and we will hand craft a mortgage program just for you.
Current jumbo mortgage rates vary by loan program, credit profile, and down payment amount. Contact our team for personalized rate quotes on all jumbo loan products including fixed-rate and adjustable-rate options.
No PMI Jumbo Loans Available
Eliminate private mortgage insurance with our no PMI jumbo loan programs. These specialized jumbo mortgages without PMI can save you hundreds of dollars monthly compared to conventional loan options.
Our PMI-free jumbo loans are perfect for borrowers who want to maximize their monthly cash flow while financing luxury properties. Ask about which programs qualify for no PMI requirements.
Jumbo Loan Down Payment Requirements
Riverbank offers jumbo loan mortgage programs up to 90% of the value of your home with down payments as low as 10%. If you are purchasing a home over $806,500 then you may need more than the 3% as your down payment to qualify for most jumbo mortgage programs. Keep in mind that your home loan may not need to be a jumbo mortgage if you are in a higher cost area such as Hawaii, Alaska, California or Guam where the conforming mortgage limit is $970,800 for a single family home.
Our low down payment jumbo loans make luxury home ownership more accessible while maintaining competitive rates and terms. For more information view our blog post on Michigan Jumbo Mortgage Limits.
For more information on Jumbo Loan Financing, call 800-555-2098 or apply online today!
High Balance Loan Limits - Up to $5 Million
Finance your dream luxury property with our high balance jumbo loans up to $5 million. Whether you're purchasing an executive estate, luxury waterfront property, or high-end investment real estate, we have the financing solutions you need.
As a leading luxury home financing specialist, we understand the unique needs of high-net-worth borrowers. Our portfolio of million-dollar mortgage loans provides the flexibility and service you deserve.