Super Jumbo Bank Statement Loans

– Subcontractor pass-through is the single pattern that most often forces a lender to adjust or exclude deposits on a contractor’s file.

There is no fixed cash-out percentage across the board — it’s a ladder, not a single number, and it tightens the higher the balance goes.

This guide walks through how underwriting actually reads one of these files, where the leverage ladders sit, and where the general rule breaks.

How income gets verified (bank statements instead of tax returns). How the payment is structured (interest-only instead of fully amortizing).

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.