Self-employed Jumbo Mortgage Guide For High Net Worth Borrowers
These specifics are subject to lender guidelines and a full review of property, leverage, and credit.
These specifics are subject to lender guidelines and a full review of property, leverage, and credit.
Leverage steps down in bands, credit floors climb, two appraisals become mandatory, and cash-out access narrows sharply as the loan size grows.
Short-term-rental and no-ratio files cap out lower, at $2,000,000, and cash-out disappears entirely above $3,000,000.
– Qualifying income comes from averaged bank deposits over 12 or 24 months, not adjusted gross income from a tax return.
Across the wholesale network Lendmire works with, these loans run from roughly $150,000 up to $6,000,000, with leverage stepping down as the balance climbs.
Every figure here is a ceiling available through select programs in the wholesale network Lendmire works with, subject to underwriting.
Sizes run from $300,000 to $20 million across two different wholesale channels, each with its own rules.
Leverage steps down as the balance climbs, credit requirements tighten, and cash-out access narrows.
This guide walks through the mechanics, the size ladder, the structural variations, and the specific points where the general rule breaks.
The mechanics below walk through exactly what shifts, where, and why — just the underwriting logic.
Below that, most of what determines the outcome is credit depth, reserves, and which documentation path fits the borrower’s actual cash flow.
Jumbo Bank Statement Mortgage: Complete Guide — A jumbo bank statement mortgage lets a self-employed borrower buy or refinance a home
These non-QM programs run from $300,000 to $20,000,000, with leverage that steps down as the loan size climbs.
– “Super jumbo” is a lender-defined pricing tier, not a federal classification — it describes loans well above standard jumbo thresholds.
– HELOC (home equity line of credit): a revolving credit line secured by your property, typically drawn on during an interest-only period.