Jumbo mortgage in MichiganSituation:- first time home buyer (for primary residence)- income 170k- 50k savings- creditscore at 750- looking for home at about 600k- possible with jumbo or not?- if yes, then only if downpayment is 5% from my point of viewOtherwise I think you need at least 10% down. So, I do not think so, unless I bring savings up to at least 90k for 10% down (for some wiggle room for other expenses).Or are there jumbo mortgages in michigan at less than 10%?August 08 2012 - Birmingham00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.