Super Jumbo Bank Statement Loans

Picking between them starts with one honest question: will this property be occupied part-time by the practice owner, or will it be rented out?

A DSCR loan qualifies the property, using its rent, and it legally cannot be used on a home you plan to occupy.

A DSCR loan qualifies the property, using its rental income, for a home run as a rental business.

A 24-month window averages two years and usually wins when your income is uneven, seasonal, or was stronger last year than this year.

ARM Vs Fixed When Business Expenses Shrink — Choosing between an adjustable-rate and a fixed-rate loan is a payment-behavior decision.

A P&L loan qualifies you off a CPA-prepared profit-and-loss statement instead.

Non-QM Jumbo Vs Bank Jumbo For A Retiree Living On Assets: what borrowers need to know about high-net-worth bank-statement financing, from Lendmire.

Non-QM Jumbo Vs Bank Jumbo — A bank jumbo wants a documentable, ongoing income story built on tax returns.

A contractor (1099) loan is built for people who receive 1099 income directly. Most loan-out earners don’t.

Neither product finances a rental property directly — both document you, the borrower.

A P&L loan reads a CPA-prepared profit-and-loss statement and uses the net income line instead.

Neither one captures residual W-2 income by itself, since residuals are paid to the performer personally, not the corporation.

Buy it as a rental, and DSCR financing qualifies the loan on the property’s rent, not your income.

Leverage steps down as the loan gets bigger, and everything above $4 million gets pulled for a case-by-case underwriting review before it’s even submitted.