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Jumbo Bank Statement Loan 5-Million

Qualify on a Lite Doc – 12 Month Bank Statement Program | Forms 4506-T and 4506-C Not Required

12 Month Average Gross Deposits in-lieu of Traditional Income Documentation

October 2023

Self-Employed Borrower’s Only

Now including Sole Proprietor Independent Contractors

Purchase – 15% Down Payment to $2,500,000 loan amount

R/T Refinance – 85% LTV. Cash Out – 80% LTV – $500,000 maximum cash out (cash-in-hand), not including proceeds applied to consolidate debt, “debt consolidation mortgage program”

Jumbo Loan Amounts to $4,500,00

Traditional Bank Statement Loan Alternative: In addition to Bank Statements,1099’s can be used without the 1040 or Schedule C. We can add this income to the over-all income that will be accepted and considered more like a Full Income Documentation Program which will produce Full Doc pricing

Credit Notes

Credit Score 680 Minimum Middle for all Borrowers

Bankruptcy Discharge Seasoning Requirements – 2 Years Seasoning Required for Chapter 7

Seasoning Required for Chapter 13 Bankruptcy

Foreclosure Discharge Seasoning Requirement – 4 Years Seasoning Required

Loan Modification Complete (yeah, right. Lose your Paperwork, did they?)- 3 Years Seasoning Required

Available Terms

5-, 7- and 10-year ARM’s and 15 year fixed

Balloon note at ARM maturity or option to roll into an equity line

Owner Occupied only

Property Types


Second Home

1-4 Unit Properties

Get Pre-Qualified | Without a Credit Check

Available in the Following States:

Alabama, Arizona, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Idaho, Illinois, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Jersey, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Washington, Wisconsin, and Wyoming.

Alternative Income Documentation

Contact a Loan Officer

Non-Qualified Lending

Non-Qualified Lenders

Unconventional Lenders