Super jumbo bank statement loans in Marathon, Florida
Marathon Super Jumbo Bank Statement Loans

Super Jumbo Bank Statement Loans in Marathon, Florida

When a Marathon, FL home is worth more than a standard bank-statement program will lend against, a super jumbo bank statement loan takes over: the deposits still qualify, and the occupancy ladder decides the leverage.

Current Program Snapshot

Current super-jumbo bank-statement guidelines, updated from one source.

The snapshot below is not typed onto this page — it is pulled from one super-jumbo bank-statement guideline source and refreshed when that source changes, so Marathon, FL always shows the ladder in force.

Loan Size
$30M

Program ceiling

The ceiling is the top of the ladder, not a promise at every occupancy or credit tier — leverage and credit floors change band by band, and the largest bands belong to the bank program.

Leverage
90%

Top primary-residence leverage

Top leverage applies on a primary residence in the first band of the ladder; each larger band steps leverage down, second homes and investment property start lower, and cash-out has its own ladder.

Documentation
12 / 24

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
660

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.

50% Debt-to-income cap

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.

$1.5M Cash-out proceeds above 60% leverage

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.

85% Interest-only leverage

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.

Purchase and rate-and-term leverage by loan size — best available cell and the credit it takes, by occupancy
Loan sizePrimary residenceSecond homeInvestment
$300,000 – $1M90% · 680+85% · 700+85% · 700+
$1M – $1.5M85% · 700+80% · 680+80% · 680+
$1.5M – $2M85% · 720+80% · 700+80% · 700+
$2M – $2.5M80% · 720+80% · 720+80% · 720+
$2.5M – $3M80% · 720+75% · 720+75% · 720+
$3M – $3.5M75% · 720+65% · 760+60% · 680+ · bank program
$3.5M – $4M75% · 760+65% · 760+60% · 680+ · bank program
$4M – $5M65% · 680+ · bank program65% · 760+ · case by case65% · 760+ · case by case
$5M – $6M60% · 680+ · bank program55% · 680+ · bank program55% · 680+ · bank program
$6M – $10M60% · 680+ · bank program55% · 680+ · bank program55% · 680+ · bank program
$10M – $20M55% · 680+ · bank program50% · 680+ · bank program50% · 680+ · bank program
$20M – $30M55% · 680+ · bank program50% · 680+ · bank program50% · 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.

Program Notice

Super jumbo bank statement loans are non-QM consumer mortgage programs arranged through select wholesale lenders, licensed in sixteen states. Leverage, credit floors, reserves, statement methods, and eligibility are read from the current program matrix for the occupancy, loan size and credit tier and are subject to lender program eligibility and full underwriting. Nothing on this page states or implies a rate, a payment, a fee, or a lender; Lendmire is a mortgage broker and never the lender.

Marathon Super Jumbo Bank Statement Loan Guide

What a super-jumbo bank-statement loan is — and how deposits become income.

The mechanics in Marathon, FL are the same as any bank-statement loan — eligible deposits divided by the statement months — with one addition: the leverage, the credit floor, the reserves, and the appraisal work all scale with the balance and shift with occupancy.

Balance inside the standard ceiling? See Bank Statement Loans in Florida, the standard program, or the statewide guide at Super Jumbo Bank Statement Loans in Florida.

01.

Deposits qualify the loan, not tax returns

In Marathon, FL, 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.

02.

Leverage is a ladder by occupancy and size

The ladder is the program: as a Marathon, FL balance climbs from one band to the next, leverage steps down and the credit required for the top cell rises. Planning the equity around the band is the first structural decision.

03.

Credit, reserves and overlays rise with the balance

Credit tier selects the leverage cell in Marathon, FL, so a stronger score buys more leverage inside the same band. Reserves are counted in months of the full payment by loan size, longer for a first-time investor.

04.

Two programs, one file

For Marathon, FL 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.

The Core Calculation
Deposits over twelve or twenty-four months ÷ the months, after ownership and expenses = monthly income

This is the whole test, applied at the leverage the ladder allows for the occupancy and balance. The tool below reads the matrix for your inputs; underwriting decides the real numbers.

Marathon Market Context

Where Marathon’s self-employed high earners buy — and how a lender reads the market.

The stock of high-value homes in Marathon, FL, the share of households at the top of the income distribution, and the share of workers who work for themselves together sketch the market a high-balance bank-statement file is underwritten in.

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.

9,914Population (ACS 2020–2024)
$725,800Median owner-occupied home value (ACS 2020–2024)
17.5%Households earning $200,000 or more (ACS 2020–2024)
27.3%Workers who are self-employed (ACS 2020–2024)

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.

Marathon Submarkets

Distinct Marathon submarkets, distinct appraisal stories.

Across Marathon’s waterfront estates, gated communities, and view lots, the same program produces different structures because values, comparables, and property types differ block by block.

01.

Waterfront and first-row homes

First-row property in Marathon prices at the top of the market, and the file follows: the super-jumbo overlays above the line, two appraisals where the balance calls for them, and reserves scaled to the payment the income must carry. Marathon counts a population near 9.9K.

02.

New construction and rebuilds

New luxury construction in Marathon appraises on comparable sales that may be scarce, so the appraisal review is longer and a second opinion is routine at larger balances. Census estimates place about 33% of Marathon’s owner-occupied homes at a value of one million dollars or more — roughly 808 homes.

03.

Inland estates and acreage

Inland estates around Marathon can sit on acreage the program caps by loan size, and a rural designation changes leverage before the deposits are reviewed. About 18% of Marathon’s households earn two hundred thousand dollars a year or more — roughly 703 households at the top of the income distribution.

04.

Second-row and view lots

A row or two back from the water, Marathon homes give up some value and keep most of the lifestyle, which usually produces a cleaner loan-to-value and an easier appraisal at the same balance. Median household income in Marathon sits near $89,355, the middle of a distribution whose top end the program serves.

05.

Luxury condominiums and towers

Tower and resort-building units in Marathon can carry very large balances, and the file turns on the association documents as much as on the statements; a non-warrantable project carries its own cell, a condotel a lower one. The median owner-occupied home value in Marathon runs near $725,800 on the latest Census estimate.

06.

Gated and club communities

Behind the gates in Marathon, buyers pay for amenities and privacy, and the file has to show that the dues fit the ratio and the community’s documents pass review. Roughly 1,375 Marathon workers — about 27% of the workforce — work for themselves, the borrowers bank-statement programs exist for.

Market context only. The leverage cell for a Marathon file comes from the matrix for its occupancy, loan size and credit tier, never from the submarket.

How Marathon Borrowers Use the Program

Four ways Marathon entrepreneurs put super-jumbo bank-statement financing to work.

From a primary residence to a second home to a departing-residence move, super jumbo bank statement loans in Marathon, FL solve a specific set of problems for self-employed buyers.

Cash-out

Take cash out inside the cash-out ladder

A borrower consolidating equity from a Marathon home uses the cash-out path where the ladder allows it, knowing the proceeds cap applies above the set leverage.

Rate-and-term

Refinance out of a bank or bridge loan

When a high-value Marathon home carries the wrong loan, a rate-and-term super jumbo bank statement refinance restructures it on the statements, at the band’s leverage.

Relocation

Move with a departing residence

In Marathon, a purchase during a move is underwritten on the same statements, with the departing residence handled by the bank portfolio program’s features.

Purchase

Buy a primary residence above the standard ceiling

Acquire a Marathon estate or tower residence as a primary home and qualify on deposits, with the highest leverage the ladder offers at the balance and interest-only available through select programs.

Bank-Statement Qualifier

Size a Marathon 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 Marathon 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.

Editable bank-statement scenario

Marathon bank-statement qualifier

Seeded with Marathon’s market figures; every field is editable, and the leverage cell updates as occupancy, balance and credit tier change.

Leverage ceiling for this occupancy, loan size and credit tier.
Loan-size band and program applied.
Debt-to-income cap in force.

Illustrative starting assumptions: a $1,300,000 price set above Marathon’s 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.

Estimated qualifying monthly income
Eligible deposits ÷ statement months, after the ownership share and the expense ratio.
Loan amount at your equity
Loan-to-value
Max loan at the ceiling for this tier
Room for housing costs inside the DTI cap
Reserves the loan size calls for
Where the file lands

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.

Super Jumbo Bank Statement vs. the Alternatives

Same borrower, four very different files.

The right structure for a Marathon, FL borrower depends on the balance, the occupancy, and whether the deposits, the assets, or the property’s rent should carry the file.

Structure Comparison

Deposits at scale, a standard bank-statement loan, or the property’s rent.

Super-jumbo bank-statement loan

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.

Standard bank-statement loan

For a Marathon, FL 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 Florida.

Super-jumbo DSCR loan

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 Marathon.

Where each one fits

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.

Typical File Components

What to prepare for a Marathon scenario review.

A typical starting file for a high-value home.

Association and property detailThe association’s dues, rules and financials where one exists; acreage, unit count, condition, and any rural or non-warrantable designation.
Bank statementsTwelve or twenty-four consecutive months of personal or business statements, recent, complete, and free of transaction-history substitutes.
ReservesMonths of the full payment in verified liquid assets, scaled to the loan size; more for each additional financed property and for a first-time investor.
Business ownershipProof of ownership share and two years of self-employment history, or one year with prior work in the same field or formal training.
AppraisalsOne appraisal at most balances, two above the line; the lower value governs when they differ.
Purchase contract or payoffThe contract on a purchase; the current note, payoff statement, and payment history on a refinance.

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.

Marathon File Considerations

Local details that can change the loan.

These are the points a lender reads on a Marathon high-balance file before the leverage cell is confirmed; each one can move the structure.

Before You Move Forward

Use these checks to keep the Marathon file clean and fundable.

Before requesting a quote on a Marathon, FL home, confirm the occupancy ladder, the expense ratio the statements will carry, and the credit tier the best cell requires.

  • Know the rung: confirm the band and the credit tier the best cell requires.
  • Count the deposits: know the expense ratio the business type carries.
  • Count the reserves: do not count cash-out proceeds above the line.
i.

Occupancy and loan size decide the leverage

In Marathon, FL, 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.

ii.

How the deposits are counted

Transfers between the borrower’s own accounts, unusual deposits, and cash not customary to the business are excluded, and returned items are limited inside the window; a Marathon, FL file with clean, consecutive statements and a defensible expense ratio reads cleanly.

iii.

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 a Marathon high-balance file they are a large figure in dollars.

iv.

Property type selects its own cell

Warrantable condominiums, non-warrantable condominiums, condotels, two-to-four-unit homes and rural property each carry their own leverage cell on the matrix; acreage is capped, rural property is excluded above a set balance, and a second home is limited to a single unit.

v.

Interest-only and forty-year structures

An interest-only period is available through select programs at its own leverage cap and credit floor, on a forty-year structure with a ten-year interest-only window on the portfolio program, and on adjustable structures with a lower cap on the bank portfolio program; the ratio is measured on the interest-only payment.

A Clear Process

From Marathon bank statements to a funded high-balance loan.

Lendmire runs a Marathon high-balance file in a set order: place it on the ladder, count the deposits, appraise it, close it.

i.

Place the balance

Every Marathon file starts with occupancy and band. The equity, the transaction type, and the interest-only question are settled around them.

ii.

Count the deposits

Lendmire computes the Marathon file’s qualifying income before the appraisal is ordered, so the balance and the ratio are known, not hoped for.

iii.

Appraise and package

The appraisals set the value the ladder is applied to; the Marathon, FL file is packaged in parallel — statements, credit, reserves, property — in the order the lender reads it.

iv.

Close and fund

The Marathon loan closes once underwriting confirms the income at the chosen method and the ratio inside the cap, with reserves verified.

Why Lendmire

A brokerage built around self-employed borrowers.

High-balance bank-statement lending is where a generalist stumbles: the ladders differ by occupancy and program, the expense methods differ by lender, and the list of wholesale lenders that handle very large self-employed files competently is short.

i.

Ladders, not guesses

Lendmire reads the matrix for a Marathon balance before anything is ordered, so the equity and the structure are planned around the rung the file will actually land on.

ii.

The statements, read fairly

Deposits are only income once they are counted the program’s way; Lendmire counts them first, choosing the statement type, the months, and the expense method that read a Marathon business fairly.

iii.

The right wholesale program

A Marathon 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.

Client Experiences

Trusted by homeowners & investors alike.

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Joseph Edwards
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Highly recommend, Cori was awesome to work with and had great communication. She was very helpful and got us through everything to close.
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K Star Real Estate LLC
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Cori on the Lendmire team was phenomenal! She was two steps ahead through the entire process of purchasing an investment property. She was solving problems before anyone knew there could have been a problem. Great communication, great availability, all around a great person to work with. She is the reason our deal closed. We look forward to working with her again in the very near future!
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Tristen Mosley
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Alayna Pack is very knowledgeable, helpful, communicative, and transparent. Highly recommend.
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J Mills
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Leigh is absolutely the best! Professional yet personable, diligent, and incredibly responsive. She was with us throughout the process and helped us secure a competitive rate. Leigh went above and beyond to make sure all of our questions were answered, and offered deep explanations for questions that arose. We felt supported through the entire process and trust her expertise completely. 5 stars!
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Tyjuana Atkinson
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Awesome experience!!!!!!! Leigh had our best interest at heart from beginning to the end.
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Anna Hernandez
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Curt Galbraith was a Great Loan Originator and goes above and beyond for his clients, working with him on this transaction was so easy. I would recommend him for any Buyers looking to Buyer or Refinance. Great Service all around
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RustynKelli Shelton
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Brenda is absolutely one of the most professional hardworking lenders we have ever dealt with; she’s helped clients of ours and now us personally. Her communication is top notch, you never feel like you’re forgotten or left to figure things out on your own, great to answer questions and explain each step. Definitely recommend Brenda to walk along beside you in your purchase process!
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Isaac Alonzo
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As a first time home buyer Curt Galbraith was a wonderful man, he explained everything i had questions about and took time out of his day to meet up late at nights after my night shift, to explain things to me .Over all Curt was really helpful all through closing and always there when you needed him. Thank you so much Curt for helping me through out the whole process.
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Jason Fleck
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Brenda, Samantha and the Lendmire team were absolutely fantastic to work with. We had to jump through some major hurdles to get this home done, which most lenders would have gave up, they kept pushing to get this home done for us. I would absolutely recommend Brenda and team to anybody. Thank you so much for your commitment, communication, perseverance through the whole process. Jason & Brooke
Questions Marathon Borrowers Ask

Marathon super jumbo bank statement loan FAQs

General answers for Marathon 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 Marathon?

From a matrix: occupancy chooses the ladder, the balance places the file in a band, the credit tier selects a cell inside it, and that cell is the leverage. A primary residence carries the highest leverage in the smallest band; each larger band steps down. The ladder table on this page shows the best cell for each occupancy.

How is my income calculated from bank statements?

Deposits divided by months, after exclusions and the expense ratio. The method chosen for a Marathon 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 Marathon 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.

What credit score does a super jumbo bank statement loan require?

It depends on the balance, the occupancy and the leverage requested. The floor in the snapshot applies at the bottom of the ladder; larger balances and top cells require stronger credit, and a single recent housing late reduces leverage.

What happens in the portfolio program’s largest bands and above them?

A Marathon 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.

How long does a super jumbo bank statement loan take?

It depends on the balance: one appraisal or two, the portfolio program or the bank program, and how quickly the statements arrive. Preparation is what keeps a Marathon, FL file moving.

What expense ratio applies to business statements?

The ratio is chosen from the program’s methods for the Marathon business, and it is the single biggest lever on the qualifying income after the deposits themselves.

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?

Second homes are eligible on both programs within the sixteen-state licensing footprint, on the second-home ladder and as single units only.

Can I qualify on a profit-and-loss statement instead?

The profit-and-loss path is a narrower door than the statements; it suits a Marathon owner whose books are cleaner than their deposits.

Get Started

Place your Marathon scenario on the ladder today.

Request a scenario review with the deposits and the occupancy; Lendmire answers with the band, the cell, and the structure that fits.