Current super-jumbo bank-statement guidelines, updated from one source.
These figures are read from Lendmire’s centralized super-jumbo bank-statement standards source and update automatically when the program changes. Every state and city guide in this series reads the same source.
Program ceiling
Balances run from the program minimum to the ceiling shown, across two programs; the largest bands sit on the bank portfolio program at its bank-statement leverage cap.
Top primary-residence leverage
At the first rung of the ladder a primary residence reaches this ceiling; second homes and investment property carry their own ceilings, and the ceilings fall as the balance climbs (not at every band) — the ladder table shows each one.
Months of bank statements
Twelve or twenty-four months of statements qualify the file; the expense ratio depends on whether the account is personal or business and on the size of the business.
Credit floor
The credit floor for the portfolio program’s lower bands; the bank portfolio program carries its own floor, and above the overlay line a higher floor applies.
Qualifying income is the eligible deposits divided by the statement months, after the ownership share and any expense ratio; total obligations stay inside this cap.
Cash in hand is capped at this figure when the loan is above sixty percent of value; at or below that leverage the proceeds are not capped on the portfolio program.
An interest-only period is available through select programs at its own leverage and credit floor; the bank portfolio program carries a lower interest-only cap.
| Loan size | Primary residence | Second home | Investment |
|---|---|---|---|
| $300,000 – $1M | 90% · 680+ | 85% · 700+ | 85% · 700+ |
| $1M – $1.5M | 85% · 700+ | 80% · 680+ | 80% · 680+ |
| $1.5M – $2M | 85% · 720+ | 80% · 700+ | 80% · 700+ |
| $2M – $2.5M | 80% · 720+ | 80% · 720+ | 80% · 720+ |
| $2.5M – $3M | 80% · 720+ | 75% · 720+ | 75% · 720+ |
| $3M – $3.5M | 75% · 720+ | 65% · 760+ | 60% · 680+ · bank program |
| $3.5M – $4M | 75% · 760+ | 65% · 760+ | 60% · 680+ · bank program |
| $4M – $5M | 65% · 680+ · bank program | 65% · 760+ · case by case | 65% · 760+ · case by case |
| $5M – $6M | 60% · 680+ · bank program | 55% · 680+ · bank program | 55% · 680+ · bank program |
| $6M – $10M | 60% · 680+ · bank program | 55% · 680+ · bank program | 55% · 680+ · bank program |
| $10M – $20M | 55% · 680+ · bank program | 50% · 680+ · bank program | 50% · 680+ · bank program |
| $20M – $30M | 55% · 680+ · bank program | 50% · 680+ · bank program | 50% · 680+ · bank program |
Current super-jumbo bank-statement snapshot · updated September 7, 2026 · portfolio program to $6M, the bank portfolio program alongside it and on to the ceiling · super-jumbo overlays above $3.5M on a primary residence and $3M on a second home or investment property · portfolio-program balances above $4M reviewed case by case before submission · reserves 3–9 months by loan size.
The figures on this page are program parameters, not offers: leverage is a matrix of occupancy, loan size and credit tier, cash-out has its own ladder and proceeds cap, two programs share the balance range, and every file is underwritten individually. No rate, payment, fee, or lender is stated or implied. Lendmire brokers these loans through its wholesale network in sixteen licensed states and is never the lender.
What a super-jumbo bank-statement loan is — and how deposits become income.
A super jumbo bank statement loan is the standard bank-statement structure carried to larger balances: the deposits qualify the borrower, and a matrix of occupancy, loan size and credit tier decides the leverage. In Indiana, that ladder is what a buyer plans around.
For a balance inside the standard ceiling, the standard program covers it — see the guide to bank statement loans in Indiana. The super jumbo bank statement loan program overview explains the ladder itself.
Deposits qualify the loan, not tax returns
A super jumbo bank statement loan in Indiana is underwritten on twelve or twenty-four months of statements: eligible deposits divided by the months, after the ownership share and any expense ratio. Tax returns are not part of the qualification.
Leverage is a ladder by occupancy and size
Think of the ladder as a set of doors: occupancy chooses the wing, the loan size chooses the hallway, the credit tier chooses the door, and the door is the leverage. The snapshot and its ladder table above show the doors open today.
Credit, reserves and overlays rise with the balance
Above the overlay line, an Indiana file carries a stricter credit floor, a clean recent housing history, longer seasoning, U.S. citizenship or permanent residency, no non-occupant co-borrowers, and no rural property. Reserves scale with the balance, and cash-out proceeds may not satisfy them.
Two programs, one file
For Indiana borrowers planning a very large balance, the program that carries it is decided by the ladder: the portfolio program through its bands — case by case above its review line — and the bank portfolio program above them. Either way, the deposits qualify the file.
Enter the occupancy, a price, an equity percentage, a credit tier, the statements you would use and the deposits they show; the calculator computes the income the program’s way and reads the leverage cell for the balance.
Where Indiana’s self-employed high earners buy — and how a lender reads the market.
The statewide picture for Indiana: where the expensive homes are, how many households earn at the top of the distribution, and how deep the high-value stock runs across the tracked markets.
Statewide figures provide general market context, not an appraisal or an income calculation. In high-value markets, the buyers are disproportionately owners of businesses whose tax returns understate their cash flow; the statements exist to show the income the returns hide, and the ladder exists to size the loan against it.
Data sources: U.S. Census Bureau — ACS 5-Year (2024) housing and population estimates, including owner-occupied home values by bracket, household income by bracket, and class of worker.
Where Indiana’s high-value housing runs deepest — market by market.
Lendmire tracks these Indiana markets for super jumbo bank statement financing; each carries a city guide with its own Census figures, submarkets, and qualifier.
Carmel
High-value housing is a smaller share of Carmel — about 7.9% of owner-occupied homes, roughly 2,266 — so a super jumbo file there leans on the home’s own appraisal and the borrower’s deposits, with the metropolitan luxury market setting the context. Census context: about 34% of households earning two hundred thousand dollars or more, median value near $486,800, population near 102K.
Westfield
In Westfield, about 5.7% of owner-occupied homes — near 947 — reach one million dollars in value, which is why a file there is carried by its appraisal and its deposits rather than by a market pattern. Census context: about 23% of households earning two hundred thousand dollars or more, median value near $425,700, population near 55K.
Noblesville
Noblesville is an executive suburban luxury market where roughly 385 owner-occupied homes (2.0% of the stock) are valued at one million dollars or more; a high-balance file is read on its own comparables and its own statements. Census context: about 18% of households earning two hundred thousand dollars or more, median value near $349,700, population near 73K.
Fishers
In Fishers, about 1.6% of owner-occupied homes — near 449 — reach one million dollars in value, which is why a file there is carried by its appraisal and its deposits rather than by a market pattern. Census context: about 25% of households earning two hundred thousand dollars or more, median value near $391,000, population near 102K.
Indianapolis
In Indianapolis, about 1.1% of owner-occupied homes — near 2,244 — reach one million dollars in value, which is why a file there is carried by its appraisal and its deposits rather than by a market pattern. Census context: about 7.7% of households earning two hundred thousand dollars or more, median value near $224,800, population near 886K.
Columbus
In Columbus, about 0.9% of owner-occupied homes — near 123 — reach one million dollars in value, which is why a file there is carried by its appraisal and its deposits rather than by a market pattern. Census context: about 11% of households earning two hundred thousand dollars or more, median value near $244,200, population near 52K.
These are Census patterns, not program terms. The leverage cell for any Indiana file comes from the matrix for its occupancy, loan size and credit tier.
Four ways Indiana entrepreneurs put super-jumbo bank-statement financing to work.
The same deposit-qualified structure serves several purposes at high balances in Indiana; four of the most common are below.
Move with a departing residence
A relocating Indiana borrower who is selling one home while buying the next can be carried by the program that treats the departing residence as part of the file.
Take cash out inside the cash-out ladder
An Indiana home with equity can return cash on a deposit-qualified refinance; the cash-out ladder steps leverage down by band, and proceeds are capped above a set leverage on the portfolio program.
Buy a primary residence above the standard ceiling
For an Indiana purchase that a standard bank-statement program cannot carry, the super jumbo path applies the same deposit math at a larger balance, with the primary-residence ladder setting the leverage.
Qualify on assets instead of deposits
For Indiana borrowers whose wealth sits in accounts rather than in deposits, the program’s asset paths supplement or replace statement income, at their own leverage cap and seasoning.
Size an Indiana bank-statement file before requesting a quote.
The calculator does what the lender’s first pass does for an Indiana file — computes the income from the deposits, finds the band and the cell for the occupancy and credit tier, applies the cap — using the current matrix. It never quotes a rate or a payment.
Indiana bank-statement qualifier
An Indiana scenario to start from — adjust the occupancy, price, equity, credit tier and deposits to see which rung the balance lands on.
Illustrative starting assumptions: a $1,250,000 price set above Indiana’s median owner-occupied home value to land on the program’s ladder, an equity position sized to the ladder, twelve months of deposits sized to carry a balance of that size, and modest other obligations (U.S. Census Bureau). Every field is editable; no rate or payment is shown.
Illustrative estimate only — not a Loan Estimate, approval, quote, or commitment to lend. No rate, payment, or cost is shown or implied. Qualifying income follows the program’s deposit method for the statements entered; leverage is read from the current program matrix for the occupancy, loan size and credit tier; the appraisal, the statements themselves, reserves, and full underwriting decide the actual figures. Consumer mortgage lending licensed in sixteen states.
Same borrower, three very different files.
Super jumbo bank statement is one of three structures an Indiana borrower might use on the same home; each reads income differently and stops at a different balance.
Deposits at scale, a standard bank-statement loan, or the property’s rent.
Deposit-qualified financing for high-value homes: no tax returns, leverage that steps down by band and occupancy, reserves and appraisal work that scale with the balance, interest-only through select programs, and asset-based paths.
The everyday bank-statement loan: deposit-qualified, with its own leverage ceilings by occupancy and a balance limit most Indiana homes never approach — the super jumbo path begins where it stops. Inside the standard ceiling, Lendmire arranges bank statement loans in Indiana.
Qualifies an investment property on its rent rather than the owner on deposits — business-purpose financing with its own ladder, for a leased rental rather than a home the borrower will live in. For a leased rental, see super jumbo DSCR loans in Indiana.
Super jumbo bank statement fits a primary residence, second home or investment property the borrower’s deposits can carry above the standard ceiling; standard bank statement fits the balance inside it; super jumbo DSCR fits a rental whose rent carries the file.
What to prepare for an Indiana scenario review.
The documents a lender reads first on a super jumbo bank-statement file.
This is a general preparation guide, not a universal checklist. The selected lender may request additional information based on the loan size, occupancy, the statements, the business, the property, and reserves. Nothing here is legal or tax advice.
Local details that can change the loan.
These are the points a lender reads on an Indiana high-balance file before the leverage cell is confirmed; each one can move the structure.
Use these checks to keep the Indiana file clean and fundable.
A clean Indiana file starts with the balance placed on the right occupancy ladder, the deposits counted the program’s way, and the reserves counted.
- Know the rung: plan the equity around the rung, not the value.
- Count the deposits: know the expense ratio the business type carries.
- Count the reserves: verify reserves in months of the full payment by loan size.
Occupancy and loan size decide the leverage
In Indiana, the same home financed as a primary residence and as a second home sits on two different ladders; the calculator on this page reads the matrix for the exact occupancy, size and credit tier, and the structure is planned from there.
How the deposits are counted
Personal statements with business transfers count at full value; business statements carry an expense ratio set by the business type and employee count, or an accountant’s letter; the borrower must own a minimum share of the business, and the deposits must be consistent inside the window.
Reserves scale with the loan size
Reserves are months of the full payment, stepping up by loan size, plus additional months for each financed property, more for a first-time investor, and more with a non-occupant co-borrower; on an Indiana high-balance file they are a large figure in dollars.
Interest-only and forty-year structures
Where an Indiana borrower wants the lowest payment the ladder allows, an interest-only structure lowers the payment the deposits must carry, at a leverage cap of its own; the portfolio program’s forty-year structure carries a ten-year interest-only window.
Cash-out has its own ladder and a proceeds cap
Cash-out on an Indiana home steps down by band and occupancy, and the proceeds are capped above a set leverage on the portfolio program; at or below that leverage the proceeds are not capped. The bank portfolio program publishes no cap of its own.
From Indiana bank statements to a funded high-balance loan.
Lendmire runs an Indiana high-balance file in a set order: place it on the ladder, count the deposits, appraise it, close it.
Place the balance
The first step is the ladder: where the Indiana balance lands for the occupancy, which cell the credit tier opens, and whether the structure should change to land on a better rung.
Count the deposits
Lendmire computes the Indiana file’s qualifying income before the appraisal is ordered, so the balance and the ratio are known, not hoped for.
Appraise and package
The appraisals set the value the ladder is applied to; the Indiana file is packaged in parallel — statements, credit, reserves, property — in the order the lender reads it.
Close and fund
Underwriting confirms the income, the ratio, the leverage cell, reserves, and the property; the Indiana file closes on the terms the ladder allows.
A brokerage built around self-employed borrowers.
A super jumbo bank statement file rewards preparation, and preparation is what a brokerage built for self-employed borrowers provides.
Ladders, not guesses
Lendmire reads the matrix for an Indiana balance before anything is ordered, so the equity and the structure are planned around the rung the file will actually land on.
The statements, read fairly
The expense method changes the income; Lendmire chooses the one that reads an Indiana business most fairly and packages the statements to support it.
The right wholesale program
An Indiana file is matched to the program whose matrix opens the best cell for its occupancy, size and tier — and to the bank portfolio program when the balance calls for it.
Trusted by homeowners & investors alike.
Indiana super jumbo bank statement loan FAQs
The questions an Indiana business owner asks before requesting a high-balance scenario review, answered at the program level.
How is leverage decided on a super jumbo bank statement loan in Indiana?
Leverage is read, not negotiated. An Indiana file lands on the ladder for its occupancy and in a band by loan size, and the credit tier opens a cell; the calculator on this page reads the current matrix for the exact inputs.
How is my income calculated from bank statements?
The program adds the eligible deposits, removes transfers between the borrower’s own accounts and unusual deposits, applies the expense ratio where a business account is used, prorates to the ownership share, and divides by the statement months.
Can I take cash out of a high-value Indiana home?
Cash-out has its own rungs and its own proceeds cap. An Indiana file inside the ladder can return cash at the band’s leverage; once the leverage passes the program’s cash-out threshold, the proceeds are capped.
How long do I need to have been self-employed?
Two years is the standard; one year can qualify with two years of prior work in the same field, or with a year of formal training.
What changes above the super-jumbo line?
Credit, history, seasoning, borrower eligibility and property rules all tighten above the line; an Indiana file planned around the overlays clears them, one planned without them stalls.
How long does a super jumbo bank statement loan take?
There is no fixed number of days; the balance (one appraisal or two), the program (portfolio or bank), and how quickly the statements arrive decide it. Preparation is what keeps an Indiana file moving.
Can I finance a second home this way?
An Indiana second home qualifies on the same deposits, on its own ladder; leverage starts lower than a primary residence and steps down band by band.
What happens in the portfolio program’s largest bands and above them?
Above the review line the snapshot shows, a file is reviewed case by case before submission; above the portfolio program’s top band, the bank portfolio program takes the balance to the ceiling on twelve months of statements at its own leverage cap, with adjustable structures, interest-only at a lower cap, cross-collateralization, and a departing residence accommodated. The snapshot shows where both lines sit.
What is the rate on a super jumbo bank statement loan?
A scenario review produces the terms; the calculator here sizes income and leverage only, by design.
What credit score does a super jumbo bank statement loan require?
The published floor opens the portfolio program’s lower bands; the bank portfolio program carries its own floor; above the super-jumbo overlay line a higher floor applies, and the best leverage cells in every band carry higher floors still. The ladder table shows the credit each best cell requires.
The deposits qualify the loan. The ladder sets the leverage.
Start with the occupancy, the deposits, and the balance you have in mind. No credit pull or commitment is required to request an initial scenario review.
This guide covers Indiana — for the program overview, the ladder, and the qualifier, see Lendmire’s super jumbo bank statement loans hub.
All Indiana city guides (28): Anderson · Bloomington · Carmel · Columbus · Elkhart · Evansville · Fishers · Fort Wayne · French Lick · Gary · Goshen · Greenwood · Hammond · Indianapolis · Jeffersonville · Kokomo · La Porte · Lafayette · Lawrence · Michigan City · Mishawaka · Muncie · Nashville · Noblesville · South Bend · Terre Haute · West Lafayette · Westfield
Also in this state: DSCR Loans in Indiana · Super Jumbo DSCR Loans in Indiana · Short-Term Rental Loans in Indiana · Investment Property Cash-Out Refinance in Indiana · Hard Money Loans in Indiana · Bank Statement Loans in Indiana · Bank Statement HELOC in Indiana · Investment Property HELOC in Indiana