Current super-jumbo bank-statement guidelines, updated from one source.
One source feeds every super jumbo bank statement page Lendmire publishes; the St. Simons, GA figures below refresh when the program sheet is updated.
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
Statements are the income document: deposits divided by the statement months, after the ownership share and the expense ratio. Tax returns are not requested for qualifying.
Credit floor
Credit sets which cells of the matrix are open: this floor opens the lower bands, a higher floor applies on the bank portfolio program and above the overlay line.
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.
Nothing on this page is a Loan Estimate, an approval, a quote, or a commitment to lend. Super jumbo bank statement leverage, credit, reserves, and documentation rules are read from the program matrix for a specific occupancy, loan size and credit tier and depend on the statements, the property, and full underwriting through select wholesale lenders licensed in sixteen states. Lendmire is a mortgage broker and is never the lender.
What a super-jumbo bank-statement loan is — and how deposits become income.
Super jumbo bank statement financing in St. Simons, GA qualifies on the deposits, not the tax returns, and reads its terms from a ladder rather than a single cap; understanding the rungs is most of the work.
For a balance inside the standard ceiling, the standard program covers it — see the guide to bank statement loans in Georgia. The statewide guide to super jumbo bank statement loans in Georgia explains the ladder for every market in the state.
Deposits qualify the loan, not tax returns
The income that matters is what St. Simons business owners actually deposit — personal statements with business transfers at full value, business statements after an expense ratio set by the business type or by an accountant’s letter.
Leverage is a ladder by occupancy and size
There is no single loan-to-value on this program. A St. Simons file is placed by occupancy and loan size, the credit tier selects a cell inside the band, and that cell is the leverage. The ladder table on this page shows the best cell in each band for each occupancy.
Credit, reserves and overlays rise with the balance
Above the overlay line, a St. Simons 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 St. Simons, GA 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.
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.
Where St. Simons’s self-employed high earners buy — and how a lender reads the market.
Census housing and income data describe where St. Simons, GA’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.
Read the figures as backdrop. Value and income rarely climb at the same pace; the market figures below show how far St. Simons’s top of market has moved, and the calculator shows what that means for the debt-to-income math.
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 St. Simons submarkets, distinct appraisal stories.
St. Simons’s high-value stock is not one market. Each submarket below carries its own values, its own appraisal story, and its own review points, and the leverage ladder meets each one differently.
Inland estates and acreage
Away from the water in St. Simons, larger parcels and outbuildings bring acreage and use questions the appraisal has to answer, with the acreage cap tightening as the balance climbs. Median household income in St. Simons sits near $108,771, the middle of a distribution whose top end the program serves.
Waterfront and first-row homes
First-row property in St. Simons 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. St. Simons counts a population near 16K within the Brunswick-St. Simons, GA area.
New construction and rebuilds
New luxury construction in St. Simons appraises on comparable sales that may be scarce, so the appraisal review is longer and a second opinion is routine at larger balances. Roughly 1,708 St. Simons workers — about 24% of the workforce — work for themselves, the borrowers bank-statement programs exist for.
Gated and club communities
In the club communities of St. Simons, the dues sit inside the debt-to-income math and the association’s financials are underwritten as carefully as the deposits. Census estimates place about 17% of St. Simons’s owner-occupied homes at a value of one million dollars or more — roughly 1,147 homes.
Second-row and view lots
The view lots and second-row streets of St. Simons tend to price where the comparables are deeper, and the ladder rewards that with fewer structural adjustments. About 21% of St. Simons’s households earn two hundred thousand dollars a year or more — roughly 1,625 households at the top of the income distribution.
Luxury condominiums and towers
Tower and resort-building units in St. Simons 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 St. Simons runs near $555,600 on the latest Census estimate.
These are patterns, not promises: each St. Simons home is underwritten on its own appraisal, its own deposits, and its own place on the ladder.
Four ways St. Simons entrepreneurs put super-jumbo bank-statement financing to work.
How St. Simons entrepreneurs put the program to work depends on the occupancy, the balance, and the goal; these four paths cover most files.
Take cash out inside the cash-out ladder
A borrower consolidating equity from a St. Simons home uses the cash-out path where the ladder allows it, knowing the proceeds cap applies once the leverage passes the program’s cash-out threshold.
Move with a departing residence
A relocating St. Simons, GA 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.
Finance a second home on the same statements
A St. Simons 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.
Buy a primary residence above the standard ceiling
Acquire a St. Simons 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.
Size a St. Simons bank-statement file before requesting a quote.
Test a St. Simons balance against the ladder: occupancy, loan size and credit tier select the leverage, the deposits set the income, and the cap sets the budget. Overlays above the super-jumbo line, the bank portfolio hand-off and the cash-out proceeds cap are applied automatically.
St. Simons bank-statement qualifier
Seeded with St. Simons’s market figures; every field is editable, and the leverage cell updates as occupancy, balance and credit tier change.
Illustrative starting assumptions: a $1,250,000 price set above St. Simons’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 a St. Simons 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.
Qualifies on twelve or twenty-four months of deposits above the standard bank-statement ceiling, with leverage read from an occupancy-and-size matrix, super-jumbo overlays above the line, and a bank portfolio program carrying the largest bands.
The everyday bank-statement loan: deposit-qualified, with its own leverage ceilings by occupancy and a balance limit most St. Simons homes never approach — the super jumbo path begins where it stops. Inside the standard ceiling, Lendmire arranges bank statement loans in Georgia.
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 St. Simons.
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 St. Simons scenario review.
What a bank-statement scenario review usually starts with.
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 a St. Simons high-balance file before the leverage cell is confirmed; each one can move the structure.
Use these checks to keep the St. Simons file clean and fundable.
Before requesting a quote on a St. Simons, GA 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.
- Consider the asset paths: know the divisor for the asset-allowance path.
Occupancy and loan size decide the leverage
Leverage on a St. Simons 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 St. Simons file is packaged: which account, how many months, which expense method — each produces a different income, and the ladder is applied to that income.
Asset paths when deposits fall short
A St. Simons file with strong liquidity has two more doors: supplement the deposits with an asset allowance, or qualify on assets alone, subject to lender program eligibility.
Property type selects its own cell
Before the statements are read, a St. Simons property is checked against the program’s property rules — unit count, warrantability, acreage, rural treatment, and occupancy limits.
Overlays above the super-jumbo line
The line where a St. Simons balance becomes super jumbo is also the line where the overlays begin; every one of them is read before the leverage cell is confirmed.
From St. Simons bank statements to a funded high-balance loan.
Lendmire runs a St. Simons high-balance file in a set order: place it on the ladder, count the deposits, appraise it, close it.
Place the balance
Every St. Simons file starts with occupancy and band. The equity, the transaction type, and the interest-only question are settled around them.
Count the deposits
Lendmire computes the St. Simons 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 St. Simons, GA file is packaged in parallel — statements, credit, reserves, property — in the order the lender reads it.
Close and fund
Final underwriting reads the whole St. Simons, GA file against the matrix, and the loan funds at the leverage the occupancy, band and credit tier opened.
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 a St. Simons 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
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 St. Simons business fairly.
The right wholesale program
High-balance bank-statement ladders differ by program; Lendmire places a St. Simons, GA file where its deposits, its credit tier, its occupancy and its property read best, subject to lender program eligibility.
Trusted by homeowners & investors alike.
St. Simons super jumbo bank statement loan FAQs
General answers for St. Simons 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 St. Simons?
Leverage is read, not negotiated. A St. Simons 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?
Deposits divided by months, after exclusions and the expense ratio. The method chosen for a St. Simons 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 St. Simons 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 long does a super jumbo bank statement loan take?
Long enough for the statements to be read the program’s way, the appraisals to be completed — two at the largest balances — and the consumer disclosures to run their course. Lendmire settles the ladder and the income first so the appraisal is the only wait.
What expense ratio applies to business statements?
It depends on the business. The program’s fixed ratios rise with employee count and with a product business; an accountant’s letter can replace the fixed ratio where the real margin is better.
How long do I need to have been self-employed?
The program reads two years of self-employment history as standard, with the one-year alternatives where the prior work or training supports it.
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.
How much do I need in reserves?
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; the calculator shows the months the loan size calls for.
What changes above the super-jumbo line?
The overlays begin where the balance becomes super jumbo for its occupancy; they are the portfolio program’s terms at that size, not adjustments. The snapshot shows the lines.
Is interest-only available?
Through select programs, yes: 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.
Bring the statements. We will run the ladder.
Request a scenario review with the deposits and the occupancy; Lendmire answers with the band, the cell, and the structure that fits.
This guide covers St. Simons — for the statewide ladder, overlays, and scenarios, see Super Jumbo Bank Statement Loans in Georgia, part of Lendmire’s super jumbo bank statement loan program.
Nearby markets in Georgia: Brunswick · Jekyll Island · Hinesville · Savannah · Tybee Island · Valdosta · Augusta · Warner Robins
Other loan programs in St. Simons: DSCR Loans in St. Simons, GA · Super Jumbo DSCR Loans in St. Simons, GA · Short-Term Rental Loans in St. Simons, GA · Investment Property Cash-Out Refinance in St. Simons, GA · Hard Money Loans in St. Simons, GA · Bank Statement Loans in St. Simons, GA · Bank Statement HELOC in St. Simons, GA · Investment Property HELOC in St. Simons, GA