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
Balances run from the program minimum to the ceiling shown, across two programs; the largest bands sit on the bank portfolio program at its bank-statement leverage cap.
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 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 |
Current super-jumbo bank-statement snapshot · updated September 6, 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.
Consumer mortgage financing for primary residences, second homes and investment property, arranged through select wholesale programs in sixteen licensed states; the figures shown are current program parameters that vary by occupancy, loan size, credit tier, transaction, and property, subject to lender program eligibility and underwriting. No rate, payment, fee, or lender is stated or implied anywhere on this page. Lendmire is never the lender.
What a super-jumbo bank-statement loan is — and how deposits become income.
The mechanics in Washington are the same as any bank-statement loan — eligible deposits divided by the statement months — with one addition: the leverage, the credit floor, the reserves, and the appraisal work all scale with the balance and shift with occupancy.
Balance inside the standard ceiling? See Bank Statement Loans in Washington, the standard program, or return to the super jumbo bank statement loan program overview.
Deposits qualify the loan, not tax returns
The income that matters is what Washington 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
Think of the ladder as a set of doors: occupancy chooses the wing, the loan size chooses the hallway, the credit tier chooses the door, and the door is the leverage. The snapshot above and the table below show the doors open today.
Credit, reserves and overlays rise with the balance
In Washington, the overlays above the line are the program’s way of translating size into credit: a higher floor, a spotless housing history, longer seasoning after any credit event, and reserves that scale with the payment.
Two programs, one file
For Washington 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.
This is the whole test, applied at the leverage the ladder allows for the occupancy and balance. The tool below reads the matrix for your inputs; underwriting decides the real numbers.
Where Washington’s self-employed high earners buy — and how a lender reads the market.
Across the Washington markets Lendmire tracks, the share of homes valued above the standard program’s reach and the share of households at the top of the income distribution tell the story of where high-balance files come from.
Statewide figures provide general market context, not an appraisal or an income calculation. Value and income rarely climb at the same pace; the market figures below show how far Washington’s top of market has moved, and the calculator shows what that means for the debt-to-income math.
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.
Where Washington’s high-value housing runs deepest — market by market.
From Sammamish to Bellevue, these are the Washington markets where high-value housing stock runs deepest, ranked by the share of homes above the standard ceiling.
Sammamish
In Sammamish, roughly 14,230 owner-occupied homes — 78% of the stock — sit at one million dollars or more; the executive suburban luxury market there supports the balances the super jumbo program exists for. Census context: about 61% of households earning two hundred thousand dollars or more, median value near $1,407,300, population near 66K.
Bellevue
In Bellevue, roughly 23,522 owner-occupied homes — 73% of the stock — sit at one million dollars or more; the metropolitan luxury market there supports the balances the super jumbo program exists for. Census context: about 42% of households earning two hundred thousand dollars or more, median value near $1,340,300, population near 152K.
Redmond
About 64% of Redmond’s owner-occupied homes (9,142) are valued at one million dollars or more, which marks it as a metropolitan luxury market where the appraiser’s comparables run deep and the ladder is applied to well-supported values. Census context: about 40% of households earning two hundred thousand dollars or more, median value near $1,167,800, population near 77K.
Kirkland
In Kirkland, roughly 14,030 owner-occupied homes — 60% of the stock — sit at one million dollars or more; the executive suburban luxury market there supports the balances the super jumbo program exists for. Census context: about 39% of households earning two hundred thousand dollars or more, median value near $1,115,400, population near 93K.
Seattle
In Seattle, roughly 69,119 owner-occupied homes — 43% of the stock — sit at one million dollars or more; the coastal luxury market there supports the balances the super jumbo program exists for. Census context: about 30% of households earning two hundred thousand dollars or more, median value near $938,600, population near 754K.
Bothell
About 42% of Bothell’s owner-occupied homes (5,393) are valued at one million dollars or more, which marks it as an executive suburban luxury market where the appraiser’s comparables run deep and the ladder is applied to well-supported values. Census context: about 33% of households earning two hundred thousand dollars or more, median value near $925,100, population near 50K.
Market rankings describe the depth of high-value housing stock, not the strength of any file; every Washington home is underwritten on its own appraisal, its own deposits, and its own place on the ladder.
Four ways Washington entrepreneurs put super-jumbo bank-statement financing to work.
How Washington entrepreneurs put the program to work depends on the occupancy, the balance, and the goal; these four paths cover most files.
Buy a primary residence above the standard ceiling
A primary-residence purchase above the standard ceiling in Washington qualifies on the statements; the equity is sized to the band, and the appraisal work scales with the price.
Move with a departing residence
In Washington, a purchase during a move is underwritten on the same statements, with the departing residence handled by the bank portfolio program’s features.
Take cash out inside the cash-out ladder
A Washington 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.
Refinance out of a bank or bridge loan
A rate-and-term refinance in Washington replaces a loan that no longer fits — a short-term bridge, a private loan, a loan the borrower’s returns could not support — on the strength of the deposits.
Size a Washington bank-statement file before requesting a quote.
This tool applies the ladder to a Washington scenario: occupancy, loan size and credit tier select a leverage cell, the deposits become income by the program’s method, and the debt-to-income cap turns that income into a monthly housing budget. Nothing here is a rate or a payment.
Washington bank-statement qualifier
A Washington 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 Washington’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 Washington 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.
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 Washington 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 Washington.
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 Washington.
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 Washington scenario review.
A typical starting file for a high-value home.
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 Washington, these are the ones that most often change a file’s shape.
Use these checks to keep the Washington file clean and fundable.
Three checks keep a Washington 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: choose the account and the months that produce the cleanest income.
- Check the cash-out path: know the state’s home-equity rules where they exist.
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.
Cash-out has its own ladder and a proceeds cap
Cash-out on a Washington home steps down by band and occupancy, and the proceeds are capped above a set leverage on the portfolio program; at or below that leverage the proceeds are not capped. The bank portfolio program publishes no cap of its own.
The review line and the bank-program hand-off
Above the portfolio program’s review line, a Washington 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.
Interest-only and forty-year structures
An interest-only period is available through select programs at its own leverage cap and credit floor, on a forty-year structure with a ten-year interest-only window on the portfolio program, and on adjustable structures with a lower cap on the bank portfolio program; the ratio is measured on the interest-only payment.
From Washington bank statements to a funded high-balance loan.
The path from Washington bank statements to a funded super jumbo loan runs through the ladder first and the paperwork second.
Place the balance
Every Washington 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 Washington 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 Washington file is packaged in parallel — statements, credit, reserves, property — in the order the lender reads it.
Close and fund
The Washington loan closes once underwriting confirms the income at the chosen method and the ratio inside the cap, with reserves verified.
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 Washington 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
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 Washington business fairly.
The right wholesale program
A Washington 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.
Washington super jumbo bank statement loan FAQs
The questions a Washington 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 Washington?
Leverage is read, not negotiated. A Washington file lands on the ladder for its occupancy and in a band by loan size, and the credit tier opens a cell; the calculator on this page reads the current matrix for the exact inputs.
How is my income calculated from bank statements?
The program adds the eligible deposits, removes transfers between the borrower’s own accounts and unusual deposits, applies the expense ratio where a business account is used, prorates to the ownership share, and divides by the statement months.
Can I take cash out of a high-value Washington home?
Inside the cash-out ladder for the occupancy, yes. Leverage steps down by band, and on the portfolio program the proceeds are capped above a set leverage — at or below it the proceeds are not capped. The bank portfolio program publishes no cap of its own, and state home-equity rules apply where they exist.
What happens in the portfolio program’s largest bands and above them?
Above the portfolio program’s review line, a file is reviewed case by case before submission; above its top band, the bank portfolio program takes the balance to the ceiling on twelve months of statements at its own leverage cap, with adjustable structures, interest-only at a lower cap, cross-collateralization, and a departing residence accommodated. The snapshot shows where both lines sit.
What credit score does a super jumbo bank statement loan require?
There are two answers: the floor for the band and the floor for the cell. A stronger tier buys more leverage inside the same band, which is why the calculator asks for the credit tier.
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 if my deposits fall short but my assets are strong?
Strong liquidity opens the asset-allowance path or the assets-only path, subject to lender program eligibility; Lendmire runs both against the deposits before choosing.
Does the program finance investment property?
It does, within the same licensing footprint, on the investment ladder; Lendmire compares it with the rent-qualified path before choosing.
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.
Is interest-only available?
Through select programs, yes: at its own leverage cap and credit floor, on a forty-year structure with a ten-year interest-only window on the portfolio program, and on adjustable structures with a lower cap on the bank portfolio program. The ratio is measured on the interest-only payment.
Bring the Washington statements. We will run the ladder.
Start with the occupancy, the deposits, and the balance you have in mind. No credit pull or commitment is required to request an initial scenario review.
This guide covers Washington — for the program overview, the ladder, and the qualifier, see Lendmire’s super jumbo bank statement loans hub.
Also in this state: Bank Statement Loans in Washington · Super Jumbo DSCR Loans in Washington · DSCR Loans in Washington