Super Jumbo Bank Statement Loans

The process runs in a set order: total deposits, remove transfers, document ownership percentage, source anything left, then apply an expense ratio.

Business-side deposits get an expense-ratio haircut before they count as income. Personal deposits generally don’t.

That switch triggers an expense ratio that shrinks your qualifying income before it ever hits the loan amount.

Retained Earnings Count As Reserves On A Second-Home — No, not on their own.

Random wires from unfamiliar accounts do not get that treatment.

That second piece usually needs a letter from the borrower’s CPA or accountant.

Underwriters want the plan document, the distribution notice, and a paper trail that matches the exact dollar figure landing in the account.

The resort twist: buying a rental property often means DSCR financing is the cleaner path anyway, since it skips personal deposit tracing entirely.

The resort property itself usually gets underwritten separately, on its rental income, once short-term booking history exists.

It just means the underwriter has to manually sort every deposit before applying an expense factor to the qualifying income.

Do Transfers From Your Other Company Count As Bank Statement Deposits — Yes, in most cases — if you own the sending business.

Underwriters flag it, ask for a source, and either fold it into your qualifying income or pull it out entirely.

Unsourced Deposit Disqualify A 1099 Earner’s Bank Statement — An unsourced deposit almost never kills the whole loan.

The CPA P&L and the bank deposit are two different questions, and mixing them up is the single most common reason these files stall.

How A Super Jumbo Loan Reads K-1 Cash Flow Vs. Deposits: what borrowers need to know about high-net-worth bank-statement financing, from Lendmire.