Current super-jumbo bank-statement guidelines, updated from one source.
The current program figures below are hydrated from Lendmire’s super-jumbo bank-statement standards source at each visit, so the ladder shown for Logan, OH is the ladder in force.
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
Leverage is read per occupancy, loan size, and credit tier from the matrix — the figure here is the best primary-residence cell, not the whole program.
Months of bank statements
Statements are the income document: deposits divided by the statement months, after the ownership share and the expense ratio. Tax returns are not requested for qualifying.
Credit floor
The minimum credit score for the ladder’s bottom rung; the credit required for a given leverage rises with the loan size and with the occupancy.
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.
Nothing on this page is a Loan Estimate, an approval, a quote, or a commitment to lend. Super jumbo bank statement leverage, credit, reserves, and documentation rules are read from the program matrix for a specific occupancy, loan size and credit tier and depend on the statements, the property, and full underwriting through select wholesale lenders licensed in sixteen states. Lendmire is a mortgage broker and is never the lender.
What a super-jumbo bank-statement loan is — and how deposits become income.
For Logan, OH borrowers, the program is best understood as a table rather than a number: each occupancy has its own ladder, each loan-size band has its own leverage and credit cells, and two programs share the work.
Balance inside the standard ceiling? See Bank Statement Loans in Ohio, the standard program, or the statewide guide at Super Jumbo Bank Statement Loans in Ohio.
Deposits qualify the loan, not tax returns
The income that matters is what Logan business owners actually deposit — personal statements with business transfers at full value, business statements after an expense ratio set by the business type or by an accountant’s letter.
Leverage is a ladder by occupancy and size
For a Logan buyer, the practical question is which rung the balance lands on for their occupancy. Each rung has a leverage ceiling and a credit floor, and the calculator below reads the matrix for the exact size and tier entered.
Credit, reserves and overlays rise with the balance
Credit tier selects the leverage cell in Logan, OH, so a stronger score buys more leverage inside the same band. Reserves are counted in months of the full payment by loan size, longer for a first-time investor.
Two programs, one file
For Logan, OH borrowers planning a very large balance, the program that carries it is decided by the ladder: the portfolio program through its bands — case by case above its review line — and the bank portfolio program above them. Either way, the deposits qualify the file.
Enter the occupancy, a price, an equity percentage, a credit tier, the statements you would use and the deposits they show; the calculator computes the income the program’s way and reads the leverage cell for the balance.
Where Logan’s self-employed high earners buy — and how a lender reads the market.
Market data for Logan, OH frame the question every super jumbo bank statement file answers: at this value, do the deposits carry the payment at the leverage the ladder allows?
Market context only. A large share of high-value homes signals depth of comparables for the appraiser; a large share of top-bracket households signals the deposits that carry a high-balance payment.
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 Logan submarkets, distinct appraisal stories.
Across Logan’s ski-country estates, resort residences, and view acreage, the same program produces different structures because values, comparables, and property types differ block by block.
Luxury cabins and lodges
Luxury cabins and lodge-style homes around Logan can carry large balances; the appraisal has to find comparable sales of similar log or timber construction, which are often scarce. The median owner-occupied home value in Logan runs near $159,600 on the latest Census estimate.
Slopeside and resort residences
Slopeside residences in Logan carry premium values and often sit in managed buildings, so the association’s rules and the building’s warrantability are reviewed beside the statements, and a second home is limited to a single unit. Logan counts a population near 7.0K.
Golf and club communities
Club communities in Logan add dues and transfer rules to the file; both sit inside the debt-to-income math and the eligibility review before the leverage cell is confirmed. Median household income in Logan sits near $57,882, the middle of a distribution whose top end the program serves.
View estates on acreage
On the ridges around Logan, estates with view acreage carry strong values and a rural review — acreage limits tighten as the balance climbs, and rural property carries its own leverage cell. Median gross rent in Logan sits near $726 a month on the latest Census estimate.
In-town homes
Close to Logan’s center, a high-value home is valued against sales that happen all year, and the ladder is applied to a number with more support behind it. About 4.9% of Logan’s households earn two hundred thousand dollars a year or more — roughly 129 households at the top of the income distribution.
Newer resort developments
Where Logan is adding resort neighborhoods, the file is read on valuation support first; a thin sales record inside the development narrows the leverage cell. Roughly 155 Logan workers — about 5.0% of the workforce — work for themselves, the borrowers bank-statement programs exist for.
Market context only. The leverage cell for a Logan file comes from the matrix for its occupancy, loan size and credit tier, never from the submarket.
Four ways Logan entrepreneurs put super-jumbo bank-statement financing to work.
How Logan entrepreneurs put the program to work depends on the occupancy, the balance, and the goal; these four paths cover most files.
Qualify on assets instead of deposits
A Logan file with strong liquidity can lean on the asset-allowance path to supplement deposits or the assets-only path to replace them, subject to lender program eligibility.
Move with a departing residence
In Logan, a purchase during a move is underwritten on the same statements, with the departing residence handled by the bank portfolio program’s features.
Finance a second home on the same statements
A Logan 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.
Take cash out inside the cash-out ladder
A Logan home with equity can return cash on a deposit-qualified refinance; the cash-out ladder steps leverage down by band, and proceeds are capped above a set leverage on the portfolio program.
Size a Logan 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 Logan 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.
Logan bank-statement qualifier
A Logan scenario to start from — adjust the occupancy, price, equity, credit tier and deposits to see which rung the balance lands on.
Illustrative starting assumptions: a $1,250,000 price set above Logan’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.
Super jumbo bank statement is one of four structures a Logan borrower might use on the same home; each reads income differently and stops at a different balance.
Deposits at scale, a standard bank-statement loan, or the property’s rent.
Qualifies on twelve or twenty-four months of deposits above the standard bank-statement ceiling, with leverage read from an occupancy-and-size matrix, super-jumbo overlays above the line, and a bank portfolio program carrying the largest bands.
Qualifies on the same deposit math but stops at the standard program ceiling; the lower bands of the super jumbo ladder overlap it, with the standard program often the cleaner fit there. Inside the standard ceiling, Lendmire arranges bank statement loans in Ohio.
Qualifies an investment property on its rent rather than the owner on deposits — business-purpose financing with its own ladder, for a leased rental rather than a home the borrower will live in. For a leased rental, see super jumbo DSCR loans in Logan.
If the deposits carry the payment and the balance is above the standard ceiling, super jumbo bank statement is the structure; if it is inside the ceiling, standard bank statement; if the property is a leased rental, super jumbo DSCR.
What to prepare for a Logan 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.
Beyond the deposits and the credit tier, a handful of details decide where a Logan high-balance file lands on the ladder — or whether it lands at all.
Use these checks to keep the Logan file clean and fundable.
Three checks keep a Logan high-balance file on track: know the rung for the occupancy, know how the deposits will be counted, and know the overlays that apply above the line.
- Know the rung: place the balance on the ladder for the occupancy before the price is set.
- Count the deposits: keep the statements consecutive, recent and free of unusual deposits.
- Read the overlays: confirm the credit floor and housing history above the line.
Occupancy and loan size decide the leverage
Occupancy chooses the ladder and the balance chooses the band; together they set the leverage ceiling and the credit floor for the best cell. A primary residence starts highest, a second home and an investment property a rung lower, and every larger band steps down — which is why the equity is planned before the price.
How the deposits are counted
Personal statements with business transfers count at full value; business statements carry an expense ratio set by the business type and employee count, or an accountant’s letter; the borrower must own a minimum share of the business, and the deposits must be consistent inside the window.
Overlays above the super-jumbo line
Above the overlay line — higher for a primary residence than for a second home or investment property — a Logan file carries a stricter credit floor, a spotless recent housing history, a longer seasoning window, no non-occupant co-borrowers, no rural property, and reserves that cash-out proceeds may not satisfy.
The review line and the bank-program hand-off
Above the portfolio program’s review line, a Logan file is reviewed case by case before submission; above the program’s top band, the balance moves to the bank portfolio program — twelve months of statements, a lower leverage cap, an adjustable structure, and features the portfolio program lacks.
Asset paths when deposits fall short
An asset-allowance path adds qualifying income from liquid assets divided over a set number of months, with a longer divisor when the assets stand alone; an assets-only path skips the ratio and the reserves, and retirement assets count at a reduced value.
From Logan bank statements to a funded high-balance loan.
The process for a Logan, OH super jumbo bank statement loan is deliberate, because the details at this size are expensive to discover late.
Place the balance
Every Logan 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 Logan file’s qualifying income before the appraisal is ordered, so the balance and the ratio are known, not hoped for.
Appraise and package
The appraisals set the value the ladder is applied to; the Logan, OH file is packaged in parallel — statements, credit, reserves, property — in the order the lender reads it.
Close and fund
Underwriting confirms the income, the ratio, the leverage cell, reserves, and the property; the Logan 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
Lendmire reads the matrix for a Logan balance before anything is ordered, so the equity and the structure are planned around the rung the file will actually land on.
The statements, read fairly
The expense method changes the income; Lendmire chooses the one that reads a Logan business most fairly and packages the statements to support it.
The right wholesale program
A Logan file is matched to the program whose matrix opens the best cell for its occupancy, size and tier — and to the bank portfolio program when the balance calls for it.
Trusted by homeowners & investors alike.
Logan super jumbo bank statement loan FAQs
The questions a Logan, OH business owner asks before requesting a high-balance scenario review, answered at the program level.
How is leverage decided on a super jumbo bank statement loan in Logan?
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 Logan 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 Logan home?
Cash-out has its own rungs and its own proceeds cap. A Logan 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?
Personal statements are read at full value when the deposits are transfers from the business; business statements carry an expense ratio. Which produces the cleaner income depends on how the business pays its owner, and Lendmire runs both before choosing.
What expense ratio applies to business statements?
The ratio is chosen from the program’s methods for the Logan business, and it is the single biggest lever on the qualifying income after the deposits themselves.
How long does a super jumbo bank statement loan take?
Long enough for the statements to be read the program’s way, the appraisals to be completed — two above the line — and the consumer disclosures to run their course. Lendmire settles the ladder and the income first so the appraisal is the only wait.
What credit score does a super jumbo bank statement loan require?
It depends on the balance, the occupancy and the leverage requested. The floor in the snapshot applies at the bottom of the ladder; larger balances and top cells require stronger credit, and a single recent housing late reduces leverage.
What does Lendmire do on a Logan high-balance file?
The structural work: occupancy ladder, band, cell, expense method, overlays, appraisals, reserves, program. A Logan borrower brings the statements; Lendmire brings the ladder.
Can I qualify on a profit-and-loss statement instead?
A profit-and-loss-only path exists on a primary residence at its own leverage cap, prepared by a CPA, enrolled agent or licensed tax preparer — never by the borrower — with a reduction when the preparer cannot confirm filings, and case-by-case treatment above the super-jumbo line.
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.
Talk through a Logan high-balance file before the appraisal is ordered.
Request a scenario review with the deposits and the occupancy; Lendmire answers with the band, the cell, and the structure that fits.
This guide covers Logan — for the statewide ladder, overlays, and scenarios, see Super Jumbo Bank Statement Loans in Ohio, part of Lendmire’s super jumbo bank statement loan program.
Also in Ohio: Steubenville · Toledo · Newark · Parma · Super Jumbo DSCR Loans in Logan · DSCR Loans in Logan