Interest Only Jumbo Mortgage Programs

A Interest-Only Jumbo Mortgage opens doors to a new level of financial flexibility and tailored financing

Smiling mature couple meeting with bank manager for investment. Beautiful mid adult woman with husband listening to businessman during meeting in conference room in modern office. Happy middle aged couple meeting loan advisor to buy a new home.

Interest-Only Jumbo Mortgage Highlights

  • 10 Year Interest Only Payments on 30 Year and 40 Year Terms 
  • Zero Balloon Payment After Interest Only Period
  • Loan Amounts Up To $4 Million.
  • Unlimited Refinance Cash Out Up to $3 Million
  • Minimum 660 FICO Score to Qualify
  • Qualify Using Business, or Personal Bank Statements
  • Qualify Using DSCR Rental Income 
  • No W-2s, Pay Stubs, Or Tax Returns Required.
  • Interest Only Options Available On All Programs.

Interest Only Options Available On All Programs

Bank Statement Jumbo

This loan allows you to use your bank deposits instead of “traditional” income documentation i.e., tax returns

1099 Jumbo

Applicant who generates income either in the form of commissions or as an independent contractor

Rental Income DSCR

Ideal for an investor who wants to use the cash flow from the property as a means of qualifying

Asset Utilization

No W2? No problem. Qualify for your home purchase or refinance using your liquid assets. Specifically designed for moderate to high net-worth borrowers

Foreign National

Individuals who live and work in the United States that want to purchase but may not have proper documentation

Second Mortgage

With a closed-end second mortgage, homeowners can tap into their home’s equity while preserving their advantageous 2% or 3% interest rate

Flexibility and Control: Take Control Of Your Mortgage Terms

Whether you have fluctuating income or simply seek more control over your mortgage, consider the benefits of an interest-only mortgage and make an informed decision that aligns with your financial goals.

Top-Rated Mortgage Lender

Brady Hipp
Brady Hipp
Read More
We have now used Zack Greenfeld and MBANC for two jumbo refinances. Zack and Lateefah consistently over-delivered on every step of the process. They have even jumped in to assist with an issue that came up a few weeks after everything closed. I highly recommend them!
Matt Walsh
Matt Walsh@username
Read More
I had the most amazing experience working with MBanc. I called MBanc with this just 12 days to close on my home and Zack assured me he could get it done. He led the effort with help from Lateefah and Ameeta and we closed on time. The were professional, responsive and walked me through every step of the process. Most importantly, they worked with the appraiser and title company to ensure an on-time close. I recommend them to anyone who is looking for financing.
Eddie Gonzalez
Eddie Gonzalez@username
Read More
Miracle Workers is how I would describe Jason, Alan and Ammeba. They were able to help me qualify for a home loan despite being self employed and using bank statements only. I had been trying to qualify and buy a home for the past three years with other different lenders and rejected, Mbanc and Its staff made it happen. We closed escrow last week. I am still wiping tears of happiness from my eyes. Thanks Mbanc
Jarred Stetser
Jarred Stetser@username
Read More
The team at Mbanc will go out of their way to get your deals done. They offer amazing personalized service especially for self employed individuals like myself doing multiple transactions, great communication and upfront transparency, Abe, Lateefa, Mayer, Latee, and Laarni were an absolute pleasure to work with and I will continue to work with them in the future. Mbanc looks at your entire financial profile and will find a product for your unique situation. You are more than a name and a number with them. 5 starts all the way!
Jenna Jaques
Jenna Jaques
Read More
I am not sure where to begin with saying Mayer, Alan and their entire team are the best in the business. Being a realtor in this industry I know several loan officers and I can assure you there is no one better to use for your next purchase! I have personally purchased several homes for myself in the past several years. Mayer and his team go above and beyond in all aspects. They work endless hours to make sure everything is done with perfection and on time. They have constant communication to make sure everyone is on the same page. It really has been a wonderful experience and I will be using them again for another purchase soon!

MBANC Blog Center

Frequently Asked Questions

Interest-Only home loans were designed to offer borrowers an alternative to traditional Fixed-Rate mortgages to finance a new property. It can be added to traditional loans to offer more flexibility for borrowers who qualify. 

No. MBANC interest only mortgage options fully amortize into a 20 year or 30 year fixed term after the interest only period with zero balloon payment

No, Bank Statement Mortgages can be used for primary residences, second homes, and investment properties.

This innovative interest only loan program provides homeowners with the flexibility to make low interest only payments or fully amortized payments without penalties.