High-Value Property Financing

Jumbo Non-QM Loans

Finance luxury homes and high-value properties with flexible qualification. Bank statements, assets, or rental income—we have solutions for complex financial profiles.

$5M+
Max Loan Amount
15%
Minimum Down Payment
660+
Minimum Credit Score
21 Days
Average Closing Time

Why Choose Jumbo Non-QM?

Traditional jumbo loans have strict requirements. Jumbo Non-QM offers flexibility for borrowers with complex financial profiles.

Flexible Documentation
Qualify with bank statements, assets, or rental income instead of traditional tax returns and W-2s.
  • 12-24 month bank statements
  • Asset depletion qualification
  • DSCR for investment properties
High Loan Amounts
Finance luxury properties with loan amounts up to $5 million or more for qualified borrowers.
  • Loans up to $5M+
  • Primary, second home, investment
  • Luxury condos and estates
Diverse Borrower Types
Solutions for self-employed professionals, investors, retirees, and foreign nationals.
  • Self-employed professionals
  • Real estate investors
  • Foreign nationals

Jumbo Non-QM Programs

Multiple qualification paths for high-value property financing.

Jumbo Bank Statement
For self-employed borrowers with strong cash flow
Loan Amount:

Up to $5M

Down Payment:

15-25%

Credit Score:

660+

Documentation:

12-24 mo. statements

Jumbo Asset Depletion
For high-net-worth individuals with significant assets
Loan Amount:

Up to $5M

Down Payment:

20-30%

Credit Score:

680+

Assets Required:

Varies by loan

Jumbo DSCR
For investors purchasing high-value rental properties
Loan Amount:

Up to $3M

Down Payment:

20-25%

Credit Score:

660+

DSCR Required:

1.0+

Jumbo Foreign National
For non-US citizens purchasing luxury properties
Loan Amount:

Up to $3M

Down Payment:

25-35%

Credit Score:

No US credit required

Documentation:

Passport, visa, assets

Jumbo Non-QM vs. Traditional Jumbo

See how Jumbo Non-QM loans compare to conventional jumbo mortgages.

FeatureJumbo Non-QMTraditional Jumbo
Income DocumentationBank statements, assets, DSCRTax returns, W-2s required
Self-Employed FriendlyLimited options
Minimum Credit Score660+700-720+
Down Payment15-25%20-30%
DTI FlexibilityUp to 50%+Typically 43% max
Foreign NationalsGenerally not available
Recent Credit Events2+ years from bankruptcy/foreclosure4-7 years typically required

Who Benefits from Jumbo Non-QM?

Jumbo Non-QM loans serve borrowers who need flexibility that traditional jumbo loans can't provide.

Business Owners & Entrepreneurs

Self-employed professionals with strong cash flow but complex tax returns showing lower income due to write-offs.

High-Net-Worth Individuals

Retirees and investors with significant liquid assets who prefer asset-based qualification over income documentation.

Real Estate Investors

Investors purchasing luxury rentals or vacation properties who want to qualify based on rental income (DSCR).

Foreign Nationals

Non-US citizens purchasing luxury properties in major markets without US credit history requirements.

Luxury Home Buyers

Buyers in high-cost markets where property values exceed conforming limits and traditional qualification is challenging.

Recent Credit Events

Borrowers who have recovered from bankruptcy or foreclosure but haven't met traditional waiting periods.

Jumbo Non-QM Loan FAQs

Get answers to common questions about Jumbo Non-QM mortgages

A Jumbo Non-QM loan is a mortgage that exceeds conforming loan limits (currently $766,550 in most areas, higher in high-cost markets) and doesn't meet Qualified Mortgage (QM) guidelines. These loans offer flexible qualification for high-value properties using alternative documentation like bank statements, assets, or rental income.
In 2024, the conforming loan limit is $766,550 for most areas and up to $1,149,825 in high-cost markets like San Francisco, New York, and Los Angeles. Any loan amount above these limits is considered a jumbo loan. Non-QM jumbo loans can go up to $5 million or more depending on the lender.
Down payment requirements for Jumbo Non-QM loans typically range from 15-25% depending on the loan amount, property type, and borrower profile. Loans over $2 million may require 25-30% down. Some lenders offer 10% down options for well-qualified borrowers.
Yes! Bank statement jumbo loans are popular with self-employed borrowers purchasing high-value properties. Lenders typically use 12-24 months of bank statements to calculate income. This is ideal for business owners, entrepreneurs, and professionals with complex income structures.
Minimum credit scores for Jumbo Non-QM loans typically range from 660 to 700, depending on the loan amount and program. Higher loan amounts generally require higher credit scores. Scores of 720+ qualify for the best rates and highest loan amounts.
Yes, asset depletion is a popular qualification method for jumbo loans. Lenders divide your liquid assets by a factor (typically 60-84 months) to calculate monthly income. This is ideal for retirees, investors, and high-net-worth individuals with significant portfolios.
Yes! Jumbo DSCR loans are available for high-value investment properties. You can qualify based on the property's rental income rather than personal income. This is popular for luxury rentals, multi-family properties, and vacation homes in high-cost markets.
Jumbo Non-QM rates are typically 0.5-1.5% higher than conventional jumbo rates due to the flexible qualification requirements. However, for borrowers who can't qualify conventionally, Non-QM provides access to financing that wouldn't otherwise be available.
Yes, foreign national jumbo loans are available for non-US citizens purchasing high-value properties. These programs don't require US credit history and are popular in luxury markets like Miami, New York, Los Angeles, and San Francisco.
Jumbo Non-QM loans are available for single-family homes, condos (including non-warrantable), townhomes, 2-4 unit properties, and some luxury vacation properties. Primary residences, second homes, and investment properties all qualify with appropriate programs.

Related Loan Programs

Bank Statement Loans
Self-employed borrowers can use bank statements to qualify for jumbo loan amounts without tax returns.
Learn more
Asset Depletion Loans
Use your liquid assets to qualify for jumbo financing. Perfect for retirees and high-net-worth individuals.
Learn more

Ready to Finance Your Luxury Property?

Get matched with lenders who specialize in Jumbo Non-QM loans. Flexible qualification for high-value properties.