Super Jumbo Bank Statement Loans

Below that line, underwriting is comparatively flexible. Above it, several rules tighten together, all at once. This is not one dial turning.

A primary residence still sits below the overlay line, typically topping out near 75-80% loan-to-value with a 9-month PITIA reserve floor.

Lenders in the wholesale network treat it as an exception item, reviewed file by file, not as a guaranteed income line.

Across select wholesale programs, that path stretches from $300,000 to $30,000,000, with leverage stepping down as the loan size climbs.

Sizes run $300,000 to $30,000,000 through two different wholesale ladders, each with its own leverage schedule.

A CPA letter replaces that flat guess with your accountant’s certified number.

Money in a retirement account gets discounted for a different reason — early access to it triggers taxes and, before age 59½, a penalty.

A full-doc jumbo loan still runs through tax returns, which means write-offs that lower taxable income also lower the number an underwriter can use.

Both paths sit outside standard agency underwriting. DSCR loans are designed for non-owner-occupied investment properties.

A $900,000 purchase and a $4.5 million purchase are not on the same leverage curve, even with identical credit.

Lenders use it to override their default expense assumption when calculating qualifying income from bank deposits.

On a bank statement loan, an unexplained deposit can get pulled out of your qualifying income entirely.

Paying Off Practice Debt Improve A Second-Home — Sometimes, but usually not for the reason borrowers assume.