Super Jumbo Bank Statement Loans

Get the occupancy classification right before assembling anything else.

Family office wealth doesn’t usually show up on a personal tax return the way a mortgage underwriter expects.

Asset depletion mortgages convert liquid personal assets into qualifying income instead of relying on a K-1 or 1099.

None of this is federal law. It’s how lenders manage risk once a check gets this big.

Credit floor, occupancy, and loan purpose all move the ceiling before a single figure gets quoted.

Credit and income-doc choice — 1099-based versus bank-statement-based — change how much of that gross income actually counts. That’s the short version.

The lender treats the shareholder as self-employed regardless of a W-2, because ownership — not payment method — drives documentation.

Get that split wrong and the loan amount shrinks fast.

Underwriters read these files by tracing money through the corporation, not by assuming it. The most common stall isn’t income size.

Lenders convert those deposits into usable income, apply an expense ratio, then check credit, reserves, and leverage against the loan size.

Title and settlement confirm the trust is valid and the trustee can pledge the property.

At super jumbo size, the same rules apply, but the file gets more manual review and the documentation stack gets thicker.

Most programs pair that statement with two months of business bank statements as backup.

Qualifying income comes from deposits minus an expense factor, not from the net profit line on a Schedule C.