Super Jumbo Bank Statement Loans

It gets added into your debt-to-income ratio, because a bank statement loan is a personal, owner-occupied loan, not a rental-property loan.

Without that paperwork, the full payment counts against debt-to-income, no exceptions. That’s the short version.

You Have To Sell Investments To Reserve — No.

How To Buy Your Next Home On Bank Statements Before The Current One Sells — what borrowers need to know, from Lendmire.

The math is simple: your qualifying assets divided by a set number of months.

Here’s how the pieces actually fit together.

On most super jumbo bank statement files, that means 3 to 9 months by loan size, plus 2 months per additional financed property, up to a 12-month cap.

Residuals Count As Stable Income — Yes, generally.

Can You Carry Two Mortgages On A Bank Statement Loan — Yes. Nothing about a bank statement loan blocks a second mortgage.

Reserves are checked separately from the income calculation — the same account can’t count twice.

Paying off a car note before applying for a bank statement mortgage usually helps, but not automatically and not always by much.

Get the source and the pattern right, and this income often counts closer to full value than gig or consulting deposits do.

Skip installment loans that are almost paid off; many underwriting frameworks already exclude them from the ratio.