Parkside Lending Expands Its Jumbo Loan Program – NMP Skip to main content

Parkside Lending Expands Its Jumbo Loan Program

Feb 13, 2017
Parkside Lending LLC has announced the expansion of its jumbo loan program and is now offering jumbo mortgages (fixed rates or ARM options) with LTVs as high as 95 percent with or without mortgage insurance (MI)

Parkside Lending LLC has announced the expansion of its jumbo loan program and is now offering jumbo mortgages (fixed rates or ARM options) with LTVs as high as 95 percent with or without mortgage insurance (MI).
 
Unlike other jumbo programs that feature high LTV with MI, Parkside Lending’s new Jumbo III offers both lender-paid and borrower-paid MI options. Borrower-paid MI allows the borrower to take advantage of less expensive mortgage insurance and does not stay on for the full life of the loan.
 
Parkside Lending provides four Jumbo products (Jumbo I, Jumbo III, Expanded Jumbo and Premier Jumbo), with robust guidelines and aggressive pricing.
 
“As a wholesale lender that doesn’t have a retail channel, our number one goal is to provide mortgage professionals with a suite of products for their borrowers’ varying circumstances,” said Clint Rosenthal, executive vice president of Sales for Parkside Lending. “There are creditworthy borrowers that are underserved in the jumbo market; therefore, we continue to enhance our jumbo offering to meet the range of needs in the marketplace.”
About the author
Published
Feb 13, 2017
Strong Jobs Report Threatens Mortgage Rate Rally

October hiring more than doubled expectations, pushing Treasury yields higher

Nov 06, 2026
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026