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 Terre Haute, IN always shows the ladder in force.
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
Leverage is read per occupancy, loan size, and credit tier from the matrix — the figure here is the best primary-residence cell, not the whole program.
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
The minimum credit score for the ladder’s bottom rung; the credit required for a given leverage rises with the loan size and with the occupancy.
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.
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.
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 Terre Haute, IN, that ladder is what a buyer plans around.
Balance inside the standard ceiling? See Bank Statement Loans in Indiana, the standard program, or the statewide guide at Super Jumbo Bank Statement Loans in Indiana.
Deposits qualify the loan, not tax returns
The income that matters is what Terre Haute 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
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 above and the table below show the doors open today.
Credit, reserves and overlays rise with the balance
Credit tier selects the leverage cell in Terre Haute, IN, 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.
Two programs, one file
For Terre Haute, IN 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 Terre Haute’s self-employed high earners buy — and how a lender reads the market.
These Terre Haute, IN figures describe the market, not a borrower; the statements and the appraisal carry the file, and the numbers here only explain the neighborhood it sits in.
Read the figures as backdrop. Value and income rarely climb at the same pace; the market figures below show how far Terre Haute’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 Terre Haute submarkets, distinct appraisal stories.
The metropolitan luxury market around Terre Haute splits into distinct pockets; a lender underwrites the home in front of it, but the pocket sets the expectations.
Luxury townhomes and two-to-four-unit homes
Luxury townhome rows and owner-occupied two-to-four-unit homes in Terre Haute are underwritten on the same deposits, with a unit-count leverage cell and, on multi-unit property, the appraisal’s rent schedule read as context. Terre Haute counts a population near 58K within the Terre Haute, IN area.
High-rise and full-service residences
High-rise units in Terre Haute can carry very large balances, and the association package — reserves, rental rules, hotel-style operations — is underwritten as carefully as the statements. Median household income in Terre Haute sits near $43,126, the middle of a distribution whose top end the program serves.
Historic and estate districts
The historic estates of Terre Haute carry values that rest on condition and provenance, and the appraisal will weigh both, together with the scarcity of true comparables. Roughly 1,599 Terre Haute workers — about 6.6% of the workforce — work for themselves, the borrowers bank-statement programs exist for.
Executive suburbs and enclaves
The relocation market around Terre Haute keeps values well supported on high-value homes, and a file built on solid deposits reads cleanly against the ladder. About 3.0% of Terre Haute’s households earn two hundred thousand dollars a year or more — roughly 692 households at the top of the income distribution.
Prestige neighborhoods
In Terre Haute’s 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 Terre Haute runs near $115,700 on the latest Census estimate.
New luxury construction
Where Terre Haute 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. Census estimates place about 0.1% of Terre Haute’s owner-occupied homes at a value of one million dollars or more — roughly 17 homes.
Read the submarkets as orientation. The file’s figures come from the statements, the appraisal, and the program matrix.
Four ways Terre Haute 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 Terre Haute, IN solve a specific set of problems for self-employed buyers.
Move with a departing residence
In Terre Haute, a purchase during a move is underwritten on the same statements, with the departing residence handled by the bank portfolio program’s features.
Refinance out of a bank or bridge loan
When a high-value Terre Haute home carries the wrong loan, a rate-and-term super jumbo bank statement refinance restructures it on the statements, at the band’s leverage.
Finance a second home on the same statements
Second-home financing in Terre Haute, IN reads the same statements and the same cap; the ladder starts a rung lower than a primary residence and never rises above it, band by band.
Take cash out inside the cash-out ladder
A Terre Haute 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.
Size a Terre Haute bank-statement file before requesting a quote.
Run a Terre Haute scenario through the matrix before you request a quote: the statements and deposits produce qualifying income, the occupancy and balance produce the leverage cell, and the cap produces the budget. No rate, payment, or cost appears anywhere in the result.
Terre Haute bank-statement qualifier
Starting assumptions reflect Terre Haute’s home values; change any field and the ladder is re-read.
Illustrative starting assumptions: a $1,250,000 price set above Terre Haute’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.
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.
Same Terre Haute borrower, four files: deposits at scale, deposits within the standard ceiling, the property’s rent, or the full-documentation path a standard jumbo loan takes.
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.
Qualifies on the same deposit math but stops at the standard program ceiling; the lower bands of the super jumbo ladder overlap it, with the standard program often the cleaner fit there. 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 Terre Haute.
If the deposits carry the payment and the balance is above the standard ceiling, super jumbo bank statement is the structure; if it is inside the ceiling, standard bank statement; if the property is a leased rental, super jumbo DSCR.
What to prepare for a Terre Haute 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.
Every Terre Haute file is underwritten individually, but the same handful of considerations recur at high balances; they are worth settling before the appraisal is ordered.
Use these checks to keep the Terre Haute file clean and fundable.
Before requesting a quote on a Terre Haute, IN home, confirm the occupancy ladder, the expense ratio the statements will carry, and the credit tier the best cell requires.
- Know the rung: place the balance on the ladder for the occupancy before the price is set.
- Count the deposits: know the expense ratio the business type carries.
- Read the overlays: confirm borrower eligibility under the overlays.
Occupancy and loan size decide the leverage
In Terre Haute, IN, 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.
Overlays above the super-jumbo line
Above the overlay line — higher for a primary residence than for a second home or investment property — a Terre Haute file carries a stricter credit floor, a spotless recent housing history, a longer seasoning window, no non-occupant co-borrowers, no rural property, and reserves that cash-out proceeds may not satisfy.
Asset paths when deposits fall short
An asset-allowance path adds qualifying income from liquid assets divided over a set number of months, with a longer divisor when the assets stand alone; an assets-only path skips the ratio and the reserves, and retirement assets count at a reduced value.
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.
From Terre Haute bank statements to a funded high-balance loan.
The process for a Terre Haute, IN super jumbo bank statement loan is deliberate, because the details at this size are expensive to discover late.
Place the balance
Every Terre Haute 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 Terre Haute 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 Terre Haute, IN file is packaged in parallel — statements, credit, reserves, property — in the order the lender reads it.
Close and fund
The Terre Haute loan closes once underwriting confirms the income at the chosen method and the ratio inside the cap, with reserves verified.
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
A Terre Haute scenario is placed on the ladder first — occupancy, band, and credit cell — and the rest of the file is then built to fit the rung it lands on, before anything is ordered.
The statements, read fairly
The expense method changes the income; Lendmire chooses the one that reads a Terre Haute business most fairly and packages the statements to support it.
The right wholesale program
A Terre Haute 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.
Terre Haute super jumbo bank statement loan FAQs
The questions a Terre Haute, IN 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 Terre Haute?
Leverage is read, not negotiated. A Terre Haute 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 Terre Haute home?
Yes, inside the cash-out ladder; the proceeds cap above the set leverage and the reserve rule at the largest balances shape how much cash a file returns.
Should I use personal or business statements?
Personal statements are read at full value when the deposits are transfers from the business; business statements carry an expense ratio. Which produces the cleaner income depends on how the business pays its owner, and Lendmire runs both before choosing.
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 happens in the portfolio program’s largest bands and above them?
A Terre Haute 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.
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.
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.
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.
What is the rate on a super jumbo bank statement loan?
It is quoted for the file, not the program: the cell, the occupancy, the credit tier, and the structure all move it. Nothing on this page states or implies a rate, a payment or a cost.
The statements have the income. Let us find the rung.
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 Terre Haute — for the statewide ladder, overlays, and scenarios, see Super Jumbo Bank Statement Loans in Indiana, part of Lendmire’s super jumbo bank statement loan program.
Also in Indiana: Lawrence · Gary · West Lafayette · Columbus · Super Jumbo DSCR Loans in Terre Haute · DSCR Loans in Terre Haute