Self-employed borrowers buying a high-value home run into a familiar wall: tax returns rarely reflect real cash flow after every legitimate write-off, and jumbo underwriting tends to be the least forgiving part of the market. A Super Jumbo Bank Statement loan solves both problems together — qualify using 12 or 24 months of bank statements instead of tax returns, with loan amounts up to $5 million.
How it works
Instead of tax returns, the lender reviews a set period of personal or business bank statements and uses the deposit history to establish qualifying income.
Minimum credit score: 700*
Program highlights
- Loan amounts up to $5,000,000
- 12-month or 24-month bank statement options
- Personal or business account statements accepted
- Available for purchase, rate/term refinance, and cash-out refinance
- Usable for primary residences, second homes, and investment properties depending on the specific program
Who it’s for
Business owners, freelancers, 1099 contractors, and other self-employed professionals buying or refinancing a higher-value home.
*Figure shown is typical for this loan size; exact minimum is confirmed per investor on your scenario.
Have a scenario you want to run? Send us the details and we’ll let you know within hours whether it fits — Select Home Loans | NMLS # 2384002 | Call (888) 550-3296 | Email: info@selecthomeloans.com.
