All banking and wealth management offices will be closed on Monday, September 7th, in observance of the Labor Day federal holiday. Mobile Banking, Online Banking and over 55,500 fee-free ATMs are available 24/7.
All banking and wealth management offices will be closed on Monday, September 7th, in observance of the Labor Day federal holiday. Mobile Banking, Online Banking and over 55,500 fee-free ATMs are available 24/7.
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Jumbo Loans
A mortgage for borrowers with a good credit score, low debt-to-income ratio, plenty of savings and big dreams.
The mortgage that lets you aim a little higher.
You found your dream home in a great neighborhood. Now you just need to find a way to finance it. Don't let an asking price outside your comfort zone stop you. Ask about a jumbo mortgage.
A home's value and location are the two main factors to consider. If the home you want to buy costs more than the conforming loan limit for your area or if it's in a high-priced neighborhood, a jumbo mortgage loan might be your best option. With attractive loan-to-value ratios, you'll get more home for your money. And if you meet the requirements, you may also qualify for what a jumbo mortgage gives you – loan amounts higher than conventional loans.* Qualified borrowers have a lower debt-to-income ratio, higher credit score and larger down payment.
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*Currently loans over $647,200 in Indiana and Kentucky for a single-unit home.
Subject to credit and underwriting approval.
Available in the German American Bank markets in Indiana and Kentucky.