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 Seattle, WA is the ladder in force.
Program ceiling
This is the balance the program can reach on a strong file; the leverage cell at any size depends on occupancy, the credit tier, and the transaction.
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 the ceilings fall as the balance climbs (not at every band) — the ladder table shows each one.
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, the bank portfolio program alongside it and on 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.
The mechanics in Seattle, WA 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.
For a balance inside the standard ceiling, the standard program covers it — see the guide to bank statement loans in Washington. The statewide guide to super jumbo bank statement loans in Washington explains the ladder for every market in the state.
Deposits qualify the loan, not tax returns
The income that matters is what Seattle 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
There is no single loan-to-value on this program. A Seattle file is placed by occupancy and loan size, the credit tier selects a cell inside the band, and that cell is the leverage. The ladder table on this page shows the best cell in each band for each occupancy.
Credit, reserves and overlays rise with the balance
Above the overlay line, a Seattle file carries a stricter credit floor, a clean recent housing history, longer seasoning, U.S. citizenship or permanent residency, no non-occupant co-borrowers, and no rural property. Reserves scale with the balance, and cash-out proceeds may not satisfy them.
Two programs, one file
For Seattle, WA 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.
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 Seattle’s self-employed high earners buy — and how a lender reads the market.
For Seattle, WA, the share of homes valued above the standard program’s reach and the share of households earning at the top of the distribution are the two figures that matter most to a high-balance lender’s read.
These are context figures, not underwriting inputs. 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 Seattle submarkets, distinct appraisal stories.
Across Seattle’s waterfront estates, gated communities, and view lots, the same program produces different structures because values, comparables, and property types differ block by block.
Waterfront and first-row homes
First-row property in Seattle prices at the top of the market, and the file follows: the super-jumbo overlays above the line, two appraisals where the balance calls for them, and reserves scaled to the payment the income must carry. Seattle counts a population near 754K within the Seattle-Tacoma-Bellevue, WA area.
Inland estates and acreage
The estate lots inland from Seattle carry space and privacy premiums, and the file has to show the parcel stays inside the program’s acreage limit for its loan band. Census estimates place about 43% of Seattle’s owner-occupied homes at a value of one million dollars or more — roughly 69,119 homes.
Luxury condominiums and towers
Luxury condominium units in Seattle qualify on the same deposit math as a house, with one added review: the building’s warrantability, litigation, and owner-occupancy mix, which select their own leverage cell. The median owner-occupied home value in Seattle runs near $938,600 on the latest Census estimate.
Gated and club communities
In the club communities of Seattle, the dues sit inside the debt-to-income math and the association’s financials are underwritten as carefully as the deposits. About 30% of Seattle’s households earn two hundred thousand dollars a year or more — roughly 110,420 households at the top of the income distribution.
Second-row and view lots
A row or two back from the water, Seattle homes give up some value and keep most of the lifestyle, which usually produces a cleaner loan-to-value and an easier appraisal at the same balance. Median household income in Seattle sits near $123,860, the middle of a distribution whose top end the program serves.
New construction and rebuilds
New luxury construction in Seattle appraises on comparable sales that may be scarce, so the appraisal review is longer and a second opinion is routine at larger balances. Roughly 42,154 Seattle workers — about 9.0% of the workforce — work for themselves, the borrowers bank-statement programs exist for.
None of this is a valuation or an income calculation; it is the backdrop a Seattle file is read against before the statements and the appraisal decide the numbers.
Four ways Seattle entrepreneurs put super-jumbo bank-statement financing to work.
How Seattle entrepreneurs put the program to work depends on the occupancy, the balance, and the goal; these four paths cover most files.
Take cash out inside the cash-out ladder
A borrower consolidating equity from a Seattle home uses the cash-out path where the ladder allows it, knowing the proceeds cap applies once the leverage passes the program’s cash-out threshold.
Qualify on assets instead of deposits
For Seattle borrowers whose wealth sits in accounts rather than in deposits, the program’s asset paths supplement or replace statement income, at their own leverage cap and seasoning.
Finance a second home on the same statements
A Seattle 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
In Seattle, a purchase during a move is underwritten on the same statements, with the departing residence handled by the bank portfolio program’s features.
Size a Seattle bank-statement file before requesting a quote.
This tool applies the ladder to a Seattle 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.
Seattle bank-statement qualifier
A Seattle 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 $1,700,000 price set above Seattle’s median owner-occupied home value to land on the program’s ladder, 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, three very different files.
Same Seattle borrower, three files: deposits at scale, deposits within the standard ceiling, or the property’s rent — 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 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 Seattle.
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 Seattle scenario review.
The documents a lender reads first on a super jumbo bank-statement file.
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.
Every Seattle file is underwritten individually, but the same handful of considerations recur at high balances; they are worth settling before the appraisal is ordered.
Use these checks to keep the Seattle file clean and fundable.
Settle the occupancy, the statement method, the band, and the property’s eligibility before the appraisal is ordered; a Seattle file that clears these reads cleanly.
- 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.
- Know the program: expect twelve-month statements and a lower cap on the bank program.
Occupancy and loan size decide the leverage
In Seattle, WA, the same home financed as a primary residence and as a second home sits on two different ladders; the calculator on this page reads the matrix for the exact occupancy, size and credit tier, and the structure is planned from there.
How the deposits are counted
Transfers between the borrower’s own accounts, unusual deposits, and cash not customary to the business are excluded, and returned items are limited inside the window; a Seattle, WA file with clean, consecutive statements and a defensible expense ratio reads cleanly.
The review line and the bank-program hand-off
The two programs share one ladder in Seattle, WA, with a review line inside the portfolio program’s upper bands; the calculator names the program and the review for any balance entered, and Lendmire packages the file for the program whose terms fit.
Reserves scale with the loan size
Reserves are months of the full payment, stepping up by loan size, plus additional months for each financed property, more for a first-time investor, and more with a non-occupant co-borrower; on a Seattle high-balance file they are a large figure in dollars.
Property type selects its own cell
Warrantable condominiums, non-warrantable condominiums, condotels, two-to-four-unit homes and rural property each carry their own leverage cell on the matrix; acreage is capped, rural property is excluded above a set balance, and a second home is limited to a single unit.
From Seattle bank statements to a funded high-balance loan.
Lendmire runs a Seattle high-balance file in a set order: place it on the ladder, count the deposits, appraise it, close it.
Place the balance
Every Seattle 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 Seattle 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 Seattle 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 Seattle 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 Seattle 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 Seattle business most fairly and packages the statements to support it.
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.
Seattle super jumbo bank statement loan FAQs
The questions a Seattle, WA 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 Seattle?
Leverage is read, not negotiated. A Seattle 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 Seattle home?
Cash-out has its own rungs and its own proceeds cap. A Seattle file inside the ladder can return cash at the band’s leverage; once the leverage passes the program’s cash-out threshold, the proceeds are capped.
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.
What if my deposits fall short but my assets are strong?
The program’s asset paths supplement or replace statement income for Seattle borrowers whose wealth sits in accounts rather than in deposits, with retirement assets counted at a discount and foreign assets excluded.
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 at the largest balances — and the consumer disclosures to run their course. Lendmire settles the ladder and the income first so the appraisal is the only wait.
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?
Credit, history, seasoning, borrower eligibility and property rules all tighten above the line; a Seattle file planned around the overlays clears them, one planned without them stalls.
What happens in the portfolio program’s largest bands and above them?
A Seattle 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 middle-band program does not offer.
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.
Place your Seattle scenario on the ladder today.
No credit pull, no commitment: an initial review places your Seattle balance on the ladder and tells you what the file will need.
This guide covers Seattle — for the statewide ladder, overlays, and scenarios, see Super Jumbo Bank Statement Loans in Washington, part of Lendmire’s super jumbo bank statement loan program.
Nearby markets in Washington: Kirkland · Bellevue · Shoreline · Burien · Redmond · Renton · Bothell · Port Orchard
Other loan programs in Seattle: DSCR Loans in Seattle, WA · Super Jumbo DSCR Loans in Seattle, WA · Short-Term Rental Loans in Seattle, WA · Investment Property Cash-Out Refinance in Seattle, WA · Hard Money Loans in Seattle, WA · Bank Statement Loans in Seattle, WA · Bank Statement HELOC in Seattle, WA · Investment Property HELOC in Seattle, WA