Current super-jumbo bank-statement guidelines, updated from one source.
Every super jumbo bank statement page in this series shows the same live program figures, read from one guideline source rather than typed into each page.
Program ceiling
The ceiling belongs to the bank portfolio program, which carries twelve-month-statement files above the portfolio program’s top band; the ladder table shows where each program takes over.
Top primary-residence leverage
The headline leverage belongs to a primary residence at the smallest balances the program accepts; the ladder table below shows what each occupancy and band allows.
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, bank portfolio program above it 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.
This page describes a consumer mortgage program at the program level. The leverage cell for any file comes from the current matrix for its occupancy, loan size and credit tier; the statements, the appraisal, reserves, and full underwriting decide the actual terms, subject to lender program eligibility. Nothing here is a rate, a quote, a fee, or a commitment to lend, and Lendmire is never the lender.
What a super-jumbo bank-statement loan is — and how deposits become income.
For Clovis, CA borrowers, the program is best understood as a table rather than a number: each occupancy has its own ladder, each loan-size band has its own leverage and credit cells, and two programs share the work.
Balance inside the standard ceiling? See Bank Statement Loans in California, the standard program, or the statewide guide at Super Jumbo Bank Statement Loans in California.
Deposits qualify the loan, not tax returns
In Clovis, CA, the file is built on statements: consecutive, recent, with transfers between the borrower’s own accounts and unusual deposits excluded, and a limit on returned items in the window. The deposits are the whole income case.
Leverage is a ladder by occupancy and size
Leverage on a super jumbo bank statement loan in Clovis, CA is read from a matrix of occupancy, loan-size bands, and credit tiers. A primary residence carries the highest leverage in the smallest band; second homes and investment property start lower; every larger band steps down.
Credit, reserves and overlays rise with the balance
The program reads credit twice for a Clovis file: once against the floor for the band, and once against the floor for the leverage cell requested. A single recent housing late reduces leverage; a credit event inside the seasoning window reduces it further.
Two programs, one file
For Clovis, CA 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 Clovis’ self-employed high earners buy — and how a lender reads the market.
Census housing and income data describe where Clovis, CA’s self-employed high earners buy and what the top of the market costs; a lender reads those figures as context for the appraisal, not as underwriting inputs.
These are context figures, not underwriting inputs. A large share of high-value homes signals depth of comparables for the appraiser; a large share of top-bracket households signals the deposits that carry a high-balance payment.
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.
Distinct Clovis submarkets, distinct appraisal stories.
A super jumbo bank statement file in Clovis reads differently by submarket — appraisal depth, association packages, acreage, and property type all shift from one to the next.
High-rise and full-service residences
Full-service residences in Clovis’ towers qualify on the same deposit math as a house, with the building’s warrantability, litigation, and owner-occupancy mix reviewed beside the borrower and selecting their own leverage cell. Clovis counts a population near 125K.
Historic and estate districts
The historic estates of Clovis carry values that rest on condition and provenance, and the appraisal will weigh both, together with the scarcity of true comparables. Census estimates place about 2.6% of Clovis’ owner-occupied homes at a value of one million dollars or more — roughly 714 homes.
Luxury townhomes and two-to-four-unit homes
In Clovis, a high-value townhome or a small multi-unit home the borrower occupies qualifies on statements like any other, and the property type selects its own cell on the matrix. Roughly 6,342 Clovis workers — about 11% of the workforce — work for themselves, the borrowers bank-statement programs exist for.
Executive suburbs and enclaves
The relocation market around Clovis keeps values well supported on high-value homes, and a file built on solid deposits reads cleanly against the ladder. About 18% of Clovis’ households earn two hundred thousand dollars a year or more — roughly 7,558 households at the top of the income distribution.
New luxury construction
Where Clovis is adding new estates and towers, the value case rests on recent closed sales of similar product, and the lender applies the ladder only once those support the number. Median household income in Clovis sits near $99,241, the middle of a distribution whose top end the program serves.
Prestige neighborhoods
In Clovis’ established luxury districts, values are well supported, so the ladder applies with fewer structural adjustments than in thinner markets and the appraisal rarely lands below the contract. The median owner-occupied home value in Clovis runs near $482,700 on the latest Census estimate.
None of this is a valuation or an income calculation; it is the backdrop a Clovis file is read against before the statements and the appraisal decide the numbers.
Four ways Clovis entrepreneurs put super-jumbo bank-statement financing to work.
The same deposit-qualified structure serves several purposes at high balances in Clovis, CA; four of the most common are below.
Move with a departing residence
Buy the next Clovis home before the current one sells: the bank portfolio program accommodates a departing residence and cross-collateralization, and the deposits qualify the new balance.
Qualify on assets instead of deposits
A Clovis file with strong liquidity can lean on the asset-allowance path to supplement deposits or the assets-only path to replace them, subject to lender program eligibility.
Finance a second home on the same statements
A Clovis second home qualifies on the same deposits as the primary residence, on its own ladder — a little less leverage, its own credit cells, a single unit only.
Refinance out of a bank or bridge loan
Move a Clovis home out of a bank portfolio loan, a bridge loan, or a maturing structure into a deposit-qualified loan at the leverage the ladder allows, without tax returns.
Size a Clovis bank-statement file before requesting a quote.
Enter the occupancy, a price, an equity percentage, a credit tier, the statements you would use and the deposits they show for a Clovis scenario. The calculator computes qualifying income the way the program does, reads the leverage cell the matrix allows for the occupancy, loan size and credit tier, and shows the housing budget the debt-to-income cap leaves. No rate or payment is shown or implied.
Clovis bank-statement qualifier
A Clovis 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 Clovis’ median owner-occupied home value to reach the super jumbo band, 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, four very different files.
A self-employed buyer in Clovis, CA can be financed several ways; the difference is what qualifies the loan and how large the balance may be.
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.
For a Clovis, CA home inside the standard ceiling, the standard bank-statement program is usually the simpler file; the super jumbo ladder is for the balance above it. Inside the standard ceiling, Lendmire arranges bank statement loans in California.
A super jumbo DSCR loan reads the property’s rent, not the owner’s statements; it is the path when the property is a rental and the rent carries the payment. For a leased rental, see super jumbo DSCR loans in Clovis.
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 a Clovis scenario review.
A typical starting file for a high-value home.
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.
The larger the balance, the more the details matter. In Clovis, CA, these are the ones that most often change a file’s shape.
Use these checks to keep the Clovis file clean and fundable.
Three checks keep a Clovis high-balance file on track: know the rung for the occupancy, know how the deposits will be counted, and know the overlays that apply above the line.
- Know the rung: plan the equity around the rung, not the value.
- Count the deposits: keep the statements consecutive, recent and free of unusual deposits.
- Know the program: expect a case-by-case read above the review line before submission.
Occupancy and loan size decide the leverage
Leverage on a Clovis high-balance file is not negotiated; it is read from the occupancy ladder and the band. The work is choosing the balance and the equity so the file lands on the rung that fits.
How the deposits are counted
The statement method is chosen before the Clovis file is packaged: which account, how many months, which expense method — each produces a different income, and the ladder is applied to that income.
The review line and the bank-program hand-off
The two programs share one ladder in Clovis, CA, with a review line inside the portfolio program’s upper bands; the calculator names the program and the review for any balance entered, and Lendmire packages the file for the program whose terms fit.
Cash-out has its own ladder and a proceeds cap
A Clovis, CA borrower planning to pull equity works inside the cash-out ladder: leverage by band, a proceeds cap above a certain leverage, and the state’s own home-equity rules where they apply.
Asset paths when deposits fall short
For Clovis, CA borrowers whose wealth sits in accounts rather than in deposits, the program’s asset paths supplement or replace statement income, with retirement assets counted at a discount and foreign assets excluded.
From Clovis bank statements to a funded high-balance loan.
The path from Clovis bank statements to a funded super jumbo loan runs through the ladder first and the paperwork second.
Place the balance
The first step is the ladder: where the Clovis, CA 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 Clovis file’s qualifying income before the appraisal is ordered, so the balance and the ratio are known, not hoped for.
Appraise and package
Valuation is settled next: the appraisals the Clovis balance requires and the property review, while the file is assembled for the wholesale program whose ladder reads it best.
Close and fund
Underwriting confirms the income, the ratio, the leverage cell, reserves, and the property; the Clovis file closes on the terms the ladder allows.
A brokerage built around self-employed borrowers.
Placing a Clovis high-balance file well means knowing which program’s ladder reads it best, which expense method reads the business most fairly, and where the overlay line sits — before the appraisal is ordered.
Ladders, not guesses
Lendmire reads the matrix for a Clovis 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 a Clovis business most fairly and packages the statements to support it.
The right wholesale program
Not every wholesale lender carries a self-employed borrower past the standard ceiling, and the ones that do differ on leverage, overlays, and documentation; Lendmire knows which is which.
Trusted by homeowners & investors alike.
Clovis super jumbo bank statement loan FAQs
General answers for Clovis borrowers weighing a super jumbo bank statement loan; the statements, the appraisal, and underwriting decide every actual figure.
How is leverage decided on a super jumbo bank statement loan in Clovis?
By occupancy, loan size and credit tier. There is no single loan-to-value on the program; the ladder steps leverage down as the balance climbs, and the best cell in every band requires stronger credit.
How is my income calculated from bank statements?
Deposits divided by months, after exclusions and the expense ratio. The method chosen for a Clovis file changes the income, which is why Lendmire settles it before the lender sees the statements.
Can I take cash out of a high-value Clovis home?
Inside the cash-out ladder for the occupancy, yes. Leverage steps down by band, and on the portfolio program the proceeds are capped above a set leverage — at or below it the proceeds are not capped. The bank portfolio program publishes no cap of its own, and state home-equity rules apply where they exist.
How much do I need in reserves?
The program counts reserves in months of the full payment — or the interest-only payment on that structure — and scales them with the balance; plan for the payment, not the price.
Does the program finance investment property?
It does, within the same licensing footprint, on the investment ladder; Lendmire compares it with the rent-qualified path before choosing.
Can I finance a second home this way?
Yes, on the second-home ladder — starting a rung below a primary residence and never above it, with its own credit cells, and limited to a single unit. The same statements qualify the file.
What changes above the super-jumbo line?
A higher credit floor, a spotless recent housing history, longer seasoning after any credit event, U.S. citizenship or permanent residency, no non-occupant co-borrowers, no rural property, an acreage limit, and reserves that cash-out proceeds may not satisfy. The line sits higher for a primary residence than for a second home or investment property.
What if my deposits fall short but my assets are strong?
Two paths: an asset allowance that adds qualifying income from liquid assets divided over a set number of months — a shorter divisor when it supplements statement income, a longer one when it stands alone or the balance is above the line — at its own leverage cap and seasoning; or an assets-only qualification on liquidity alone, with no ratio calculated and no reserves required.
Should I use personal or business statements?
Use the account that tells the truer story: a Clovis owner who pays themselves regularly often qualifies best on personal statements; an owner whose income stays in the business often qualifies best on business statements with a fair ratio.
What happens in the portfolio program’s largest bands and above them?
A Clovis balance in the portfolio program’s upper bands is read case by case before it is submitted; a balance above the program’s top band is a bank portfolio file, with its own credit floor, its own leverage, its own documentation window, and features the portfolio program lacks.
From bank statements to a funded loan — start the review.
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 Clovis — for the statewide ladder, overlays, and scenarios, see Super Jumbo Bank Statement Loans in California, part of Lendmire’s super jumbo bank statement loan program.
Also in California: San Clemente · Corona · Monterey Park · Joshua Tree · Super Jumbo DSCR Loans in Clovis · DSCR Loans in Clovis