Current super-jumbo bank-statement guidelines, updated from one source.
These figures are read from Lendmire’s centralized super-jumbo bank-statement standards source and update automatically when the program changes. Every state and city guide in this series reads the same source.
Program ceiling
The ceiling is the top of the ladder, not a promise at every occupancy or credit tier — leverage and credit floors change band by band, and the largest bands belong to the bank program.
Top primary-residence leverage
At the first rung of the ladder a primary residence reaches this ceiling; second homes and investment property carry their own ceilings, and every band above steps down.
Months of bank statements
Twelve or twenty-four months of statements qualify the file; the expense ratio depends on whether the account is personal or business and on the size of the business.
Credit floor
The credit floor for the portfolio program’s lower bands; the bank portfolio program carries its own floor, and above the overlay line a higher floor applies.
Qualifying income is the eligible deposits divided by the statement months, after the ownership share and any expense ratio; total obligations stay inside this cap.
Cash in hand is capped at this figure when the loan is above sixty percent of value; at or below that leverage the proceeds are not capped on the portfolio program.
An interest-only period is available through select programs at its own leverage and credit floor; the bank portfolio program carries a lower interest-only cap.
| Loan size | Primary residence | Second home | Investment |
|---|---|---|---|
| $300,000 – $1M | 90% · 680+ | 85% · 700+ | 85% · 700+ |
| $1M – $1.5M | 85% · 700+ | 80% · 680+ | 80% · 680+ |
| $1.5M – $2M | 85% · 720+ | 80% · 700+ | 80% · 700+ |
| $2M – $2.5M | 80% · 720+ | 80% · 720+ | 80% · 720+ |
| $2.5M – $3M | 80% · 720+ | 75% · 720+ | 75% · 720+ |
| $3M – $3.5M | 75% · 720+ | 65% · 760+ | 60% · 680+ · bank program |
| $3.5M – $4M | 75% · 760+ | 65% · 760+ | 60% · 680+ · bank program |
| $4M – $5M | 65% · 680+ · bank program | 65% · 760+ · case by case | 65% · 760+ · case by case |
| $5M – $6M | 60% · 680+ · bank program | 55% · 680+ · bank program | 55% · 680+ · bank program |
| $6M – $10M | 60% · 680+ · bank program | 55% · 680+ · bank program | 55% · 680+ · bank program |
| $10M – $20M | 55% · 680+ · bank program | 50% · 680+ · bank program | 50% · 680+ · bank program |
| $20M – $30M | 55% · 680+ · bank program | 50% · 680+ · bank program | 50% · 680+ · bank program |
Current super-jumbo bank-statement snapshot · updated September 7, 2026 · portfolio program to $6M, bank portfolio program above it to the ceiling · super-jumbo overlays above $3.5M on a primary residence and $3M on a second home or investment property · portfolio-program balances above $4M reviewed case by case before submission · reserves 3–9 months by loan size.
This page describes a consumer mortgage program at the program level. The leverage cell for any file comes from the current matrix for its occupancy, loan size and credit tier; the statements, the appraisal, reserves, and full underwriting decide the actual terms, subject to lender program eligibility. Nothing here is a rate, a quote, a fee, or a commitment to lend, and Lendmire is never the lender.
What a super-jumbo bank-statement loan is — and how deposits become income.
A super jumbo bank statement loan is the standard bank-statement structure carried to larger balances: the deposits qualify the borrower, and a matrix of occupancy, loan size and credit tier decides the leverage. In Durham, NC, that ladder is what a buyer plans around.
Balance inside the standard ceiling? See Bank Statement Loans in North Carolina, the standard program, or the statewide guide at Super Jumbo Bank Statement Loans in North Carolina.
Deposits qualify the loan, not tax returns
A super jumbo bank statement loan in Durham, NC is underwritten on twelve or twenty-four months of statements: eligible deposits divided by the months, after the ownership share and any expense ratio. Tax returns are not part of the qualification.
Leverage is a ladder by occupancy and size
Leverage on a super jumbo bank statement loan in Durham, NC is read from a matrix of occupancy, loan-size bands, and credit tiers. A primary residence carries the highest leverage in the smallest band; second homes and investment property start lower; every larger band steps down.
Credit, reserves and overlays rise with the balance
The program reads credit twice for a Durham file: once against the floor for the band, and once against the floor for the leverage cell requested. A single recent housing late reduces leverage; a credit event inside the seasoning window reduces it further.
Two programs, one file
Above the portfolio program’s review line, a Durham request is read case by case before submission; above its top band, the bank portfolio program continues the ladder to the ceiling on its own terms. The snapshot shows where both lines sit, and the calculator names the program and the review for any balance entered.
The income is measured the way the program measures it, and the leverage cell is read from the matrix for the occupancy, loan size and credit tier. The calculator applies both; the statements and the appraisal apply the rest.
Where Durham’s self-employed high earners buy — and how a lender reads the market.
The stock of high-value homes in Durham, NC, the share of households at the top of the income distribution, and the share of workers who work for themselves together sketch the market a high-balance bank-statement file is underwritten in.
Read the figures as backdrop. In high-value markets, the buyers are disproportionately owners of businesses whose tax returns understate their cash flow; the statements exist to show the income the returns hide, and the ladder exists to size the loan against it.
Data sources: U.S. Census Bureau — ACS 5-Year (2024) housing and population estimates, including owner-occupied home values by bracket, household income by bracket, and class of worker.
Distinct Durham submarkets, distinct appraisal stories.
The metropolitan luxury market around Durham splits into distinct pockets; a lender underwrites the home in front of it, but the pocket sets the expectations.
Executive suburbs and enclaves
The executive enclaves around Durham pair strong values with a steady sales record, and a bank-statement file there is usually decided by the deposits rather than by the appraisal. Median household income in Durham sits near $81,619, the middle of a distribution whose top end the program serves.
Historic and estate districts
The historic estates of Durham carry values that rest on condition and provenance, and the appraisal will weigh both, together with the scarcity of true comparables. Census estimates place about 2.7% of Durham’s owner-occupied homes at a value of one million dollars or more — roughly 1,794 homes.
High-rise and full-service residences
High-rise units in Durham can carry very large balances, and the association package — reserves, rental rules, hotel-style operations — is underwritten as carefully as the statements. The median owner-occupied home value in Durham runs near $392,800 on the latest Census estimate.
Luxury townhomes and two-to-four-unit homes
In Durham, a high-value townhome or a small multi-unit home the borrower occupies qualifies on statements like any other, and the property type selects its own cell on the matrix. Roughly 11,494 Durham workers — about 7.2% of the workforce — work for themselves, the borrowers bank-statement programs exist for.
Prestige neighborhoods
The blue-chip streets of Durham carry the values and the sales record that make a large balance straightforward to underwrite once the statements are in order. About 14% of Durham’s households earn two hundred thousand dollars a year or more — roughly 17,209 households at the top of the income distribution.
New luxury construction
New luxury construction in Durham appraises on comparable sales that may be scarce for the product, so the appraisal review is longer and a second appraisal is routine at larger balances. Durham counts a population near 291K within the Durham-Chapel Hill, NC area.
These are patterns, not promises: each Durham home is underwritten on its own appraisal, its own deposits, and its own place on the ladder.
Four ways Durham entrepreneurs put super-jumbo bank-statement financing to work.
Four ways a high-value home in Durham is financed on deposits, each with its own place on the ladder.
Buy a primary residence above the standard ceiling
Acquire a Durham estate or tower residence as a primary home and qualify on deposits, with the highest leverage the ladder offers at the balance and interest-only available through select programs.
Finance a second home on the same statements
A Durham second home qualifies on the same deposits as the primary residence, on its own ladder — a little less leverage, its own credit cells, a single unit only.
Move with a departing residence
A relocating Durham, NC borrower who is selling one home while buying the next can be carried by the program that treats the departing residence as part of the file.
Take cash out inside the cash-out ladder
A borrower consolidating equity from a Durham home uses the cash-out path where the ladder allows it, knowing the proceeds cap applies above the set leverage.
Size a Durham bank-statement file before requesting a quote.
Enter the occupancy, a price, an equity percentage, a credit tier, the statements you would use and the deposits they show for a Durham scenario. The calculator computes qualifying income the way the program does, reads the leverage cell the matrix allows for the occupancy, loan size and credit tier, and shows the housing budget the debt-to-income cap leaves. No rate or payment is shown or implied.
Durham bank-statement qualifier
Seeded with Durham’s market figures; every field is editable, and the leverage cell updates as occupancy, balance and credit tier change.
Illustrative starting assumptions: a $1,250,000 price set above Durham’s median owner-occupied home value to reach the super jumbo band, an equity position sized to the ladder, twelve months of deposits sized to carry a balance of that size, and modest other obligations (U.S. Census Bureau). Every field is editable; no rate or payment is shown.
Illustrative estimate only — not a Loan Estimate, approval, quote, or commitment to lend. No rate, payment, or cost is shown or implied. Qualifying income follows the program’s deposit method for the statements entered; leverage is read from the current program matrix for the occupancy, loan size and credit tier; the appraisal, the statements themselves, reserves, and full underwriting decide the actual figures. Consumer mortgage lending licensed in sixteen states.
Same borrower, four very different files.
A self-employed buyer in Durham, NC can be financed several ways; the difference is what qualifies the loan and how large the balance may be.
Deposits at scale, a standard bank-statement loan, or the property’s rent.
Deposit-qualified financing for high-value homes: no tax returns, leverage that steps down by band and occupancy, reserves and appraisal work that scale with the balance, interest-only through select programs, and asset-based paths.
For a Durham, NC home inside the standard ceiling, the standard bank-statement program is usually the simpler file; the super jumbo ladder is for the balance above it. Inside the standard ceiling, Lendmire arranges bank statement loans in North Carolina.
Rent-qualified rather than deposit-qualified: the super jumbo DSCR program puts the property’s income at the center, which suits a leased rental rather than an owner-occupied home. For a leased rental, see super jumbo DSCR loans in Durham.
Super jumbo bank statement fits a primary residence, second home or investment property the borrower’s deposits can carry above the standard ceiling; standard bank statement fits the balance inside it; super jumbo DSCR fits a rental whose rent carries the file.
What to prepare for a Durham scenario review.
What a bank-statement scenario review usually starts with.
This is a general preparation guide, not a universal checklist. The selected lender may request additional information based on the loan size, occupancy, the statements, the business, the property, and reserves. Nothing here is legal or tax advice.
Local details that can change the loan.
The larger the balance, the more the details matter. In Durham, NC, these are the ones that most often change a file’s shape.
Use these checks to keep the Durham file clean and fundable.
A clean Durham file starts with the balance placed on the right occupancy ladder, the deposits counted the program’s way, and the reserves counted.
- Know the rung: plan the equity around the rung, not the value.
- Count the deposits: know the expense ratio the business type carries.
- Count the reserves: add months for each additional financed property.
Occupancy and loan size decide the leverage
Leverage on a Durham high-balance file is not negotiated; it is read from the occupancy ladder and the band. The work is choosing the balance and the equity so the file lands on the rung that fits.
How the deposits are counted
The statement method is chosen before the Durham file is packaged: which account, how many months, which expense method — each produces a different income, and the ladder is applied to that income.
Reserves scale with the loan size
On a Durham, NC file, reserves follow the balance and the portfolio: the larger the loan and the more properties financed, the more liquid assets must be verified after closing.
Interest-only and forty-year structures
Where a Durham, NC borrower wants the lowest payment the ladder allows, an interest-only structure lowers the payment the deposits must carry, at a leverage cap of its own.
Overlays above the super-jumbo line
The line where a Durham balance becomes super jumbo is also the line where the overlays begin; every one of them is read before the leverage cell is confirmed.
From Durham bank statements to a funded high-balance loan.
The process for a Durham, NC super jumbo bank statement loan is deliberate, because the details at this size are expensive to discover late.
Place the balance
Every Durham file starts with occupancy and band. The equity, the transaction type, and the interest-only question are settled around them.
Count the deposits
Lendmire computes the Durham file’s qualifying income before the appraisal is ordered, so the balance and the ratio are known, not hoped for.
Appraise and package
Valuation is settled next: the appraisals the Durham balance requires and the property review, while the file is assembled for the wholesale program whose ladder reads it best.
Close and fund
Underwriting confirms the income, the ratio, the leverage cell, reserves, and the property; the Durham file closes on the terms the ladder allows.
A brokerage built around self-employed borrowers.
Lendmire built its practice on borrowers whose tax returns understate their income, which is why the statement methods, the ladders, and the overlays are familiar ground rather than surprises.
Ladders, not guesses
A Durham scenario is placed on the ladder first — occupancy, band, and credit cell — and the rest of the file is then built to fit the rung it lands on, before anything is ordered.
The statements, read fairly
Deposits are only income once they are counted the program’s way; Lendmire counts them first, choosing the statement type, the months, and the expense method that read a Durham business fairly.
The right wholesale program
Not every wholesale lender carries a self-employed borrower past the standard ceiling, and the ones that do differ on leverage, overlays, and documentation; Lendmire knows which is which.
Trusted by homeowners & investors alike.
Durham super jumbo bank statement loan FAQs
What Durham, NC entrepreneurs want to know about deposit-qualified financing above the standard ceiling — answered at the program level, not the file level.
How is leverage decided on a super jumbo bank statement loan in Durham?
From a matrix: occupancy chooses the ladder, the balance places the file in a band, the credit tier selects a cell inside it, and that cell is the leverage. A primary residence carries the highest leverage in the smallest band; each larger band steps down. The ladder table on this page shows the best cell for each occupancy.
How is my income calculated from bank statements?
Deposits divided by months, after exclusions and the expense ratio. The method chosen for a Durham file changes the income, which is why Lendmire settles it before the lender sees the statements.
Can I take cash out of a high-value Durham home?
Cash-out has its own rungs and its own proceeds cap. A Durham file inside the ladder can return cash at the band’s leverage; above the set leverage the proceeds cap applies.
Should I use personal or business statements?
Use the account that tells the truer story: a Durham owner who pays themselves regularly often qualifies best on personal statements; an owner whose income stays in the business often qualifies best on business statements with a fair ratio.
What expense ratio applies to business statements?
The ratio is chosen from the program’s methods for the Durham business, and it is the single biggest lever on the qualifying income after the deposits themselves.
What is the rate on a super jumbo bank statement loan?
No rate is published on these pages; it depends on the leverage cell, the occupancy, the credit tier, the structure, and the program. The calculator on this page quotes no rate and no payment; a scenario review produces the terms.
Does the program finance investment property?
Investment property qualifies on the deposits like any other occupancy, on its own ladder and with its own rules; where the property’s rent is the stronger case, the DSCR path is the alternative.
What happens in the portfolio program’s largest bands and above them?
A Durham balance in the portfolio program’s upper bands is read case by case before it is submitted; a balance above the program’s top band is a bank portfolio file, with its own credit floor, its own leverage, its own documentation window, and features the portfolio program lacks.
What changes above the super-jumbo line?
The overlays begin where the balance becomes super jumbo for its occupancy; they are the portfolio program’s terms at that size, not adjustments. The snapshot shows the lines.
What if my deposits fall short but my assets are strong?
The program’s asset paths supplement or replace statement income for Durham borrowers whose wealth sits in accounts rather than in deposits, with retirement assets counted at a discount and foreign assets excluded.
Bring the statements. We will run the ladder.
No credit pull, no commitment: an initial review places your Durham balance on the ladder and tells you what the file will need.
This guide covers Durham — for the statewide ladder, overlays, and scenarios, see Super Jumbo Bank Statement Loans in North Carolina, part of Lendmire’s super jumbo bank statement loan program.
Also in North Carolina: Huntersville · Cary · High Point · Burlington · Super Jumbo DSCR Loans in Durham · DSCR Loans in Durham