Bank Statement Loans

The income side of the file (deposits, expense ratios, months of statements) works the same whether the lot is a quarter-acre or eight acres.

Underwriters compare that ownership-adjusted figure against what you disclosed on your loan application and use whichever number is lower.

The exact mix depends on whether you’re buying a home to live in or a rental property, since those two paths use completely different underwriting math.

Resort real estate creates a documentation problem that ordinary suburban purchases don’t.

Super Jumbo Bank Statement Loan Checklist For Equity-paid Founders — what borrowers need to know, from Lendmire.

Below that line, underwriting is comparatively flexible. Above it, several rules tighten together, all at once. This is not one dial turning.

A primary residence still sits below the overlay line, typically topping out near 75-80% loan-to-value with a 9-month PITIA reserve floor.

Lenders in the wholesale network treat it as an exception item, reviewed file by file, not as a guaranteed income line.

Across select wholesale programs, that path stretches from $300,000 to $30,000,000, with leverage stepping down as the loan size climbs.

Sizes run $300,000 to $30,000,000 through two different wholesale ladders, each with its own leverage schedule.

A CPA letter replaces that flat guess with your accountant’s certified number.

Money in a retirement account gets discounted for a different reason — early access to it triggers taxes and, before age 59½, a penalty.