Jumbo Mortgage Bank Statement

What is a Jumbo Mortgage Bank Statement loan?

The Jumbo Mortgage Bank Statement loan is for people that have strong monthly business or personal bank statement deposits but show weak income on the tax returns. The Jumbo Mortgage Bank Statement loan requires a higher down payment and may have higher rates then conventional financing. 


You may qualify for the Jumbo Mortgage Bank Statement loan with us if you meet all of the following criteria:

  1. Can provide 12 or 24 month business or personal bank statements with income being deposited
  2. Tax returns are not needed
  3. You are looking for a home in California, Colorado, Florida or Illinois
  4. Have a debt to income ratio less than 59% with compensating factors

What property types can I get a Jumbo Mortgage Bank Statement loan for?

Jumbo Mortgage Bank Statement loans are available for Single Family Residents, Townhomes, Condos and 2-4 units residential. A Jumbo Mortgage Bank Statement loan can be secured for your primary residence, a second home or investment/rental property.


How long does the process take?

From start to finish we can process your Jumbo Mortgage Bank Statement loan application in as quick as 30-days.


How do I get started?

To be pre-qualified for an Jumbo Mortgage Bank Statement loan, start by calling 888-205-3737 or emailing mark@prime1bancorp.com.

If you need a Jumbo Mortgage Bank Statement loan in Chicago, Jumbo Mortgage Bank Statement loan in Illinois, Jumbo Mortgage Bank Statement loan in San Diego, Jumbo Mortgage Bank Statement loan in Los Angeles, Jumbo Mortgage Bank Statement loan in California,  Jumbo Mortgage Bank Statement loanin Denver, Jumbo Mortgage Bank Statement loan in Colorado, Jumbo Mortgage Bank Statement loan in Miami, IJumbo Mortgage Bank Statement loan in Tampa Bay, Jumbo Mortgage Bank Statement loan in Florida you have come to the right place.


Bank Statements & Verified Asset Loans

24 month personal bank statements 1 account max with verified assets. Bank Deposits must reflect ability to pay.

Foreign National Loan

We can lend up to 70% Loan to Value with a valid unexpired foreign passport and income and assets verified in clients home country. Subject to OFAC,SAR reporting and compliance.


Traditional loan programs that usually require 5% down and offer competitive interest rates. Documentation and fair-to-good credit are necessary.

Flex 97%

Similar to FHA, but without maximum mortgage amount limitations. Must be a single family, owner occupied home and borrower must have a credit score of over 680.

FHA Mortgage

Backed by the Department of Housing and Urban Development, this mortgage offers the borrower the ability to put as little as 3% down payment – and they can even finance “allowable” closing costs. Seller can contribute up to 6% of the purchase price to the buyer towards closing costs.

Investor Loans

Used to finance 1-4 family properties that will be for investment with as little as a 10% down payment. Aggressively priced, these programs have many variations, including: No Doc, Limited Doc, and Full Doc. Program may not be available in some states.

Construction Loans

Building a new home can be an exciting prospect - unless you get caught up in a construction loan approval process that is overly complicated and time consuming. With this loan, we will finance up to 90% of the cost of land plus the costs of construction. We offer a one-time fixed rate closing or traditional ARM products.

Second Mortgage Loans

Subordinate to the first mortgage, these loans offer the borrower the ability to get money for home improvement, debt consolidation, or many other reasons without disturbing their first mortgage. Convenient when you have a low interest first mortgage.

High Debt Ratio Loans

A ratio of monthly bills to monthly income higher than 50% is considered a high debt ratio. Loan programs are available for borrowers in this situation, allowing them to finance the purchase of a home or property.

Challenged Credit Loans

These mortgages are for borrowers with less-than-perfect credit. They can vary from slightly damaged credit to severely damaged. Regardless of your situation, we have a mortgage that will get you back on track.

Jumbo Loans up to 10 Million

Offers 30 and 15 year fixed rate mortgage and competitive ARM products with full document, alternate documentation and limited documentation.

Cash out and No cash out refinance are allowable. Single family detached, Condo's, PUD's and single-family second homes can be financed with no prepayment penalty.


This is a loan which carries a second mortgage for up to 15% of the purchase price of the property. It is usually used when wishing to avoid PMI insurance or to keep your first mortgage under the FNMA/FHLMC limit to avoid Jumbo rates. The borrower puts down a 5% down payment and then finances a first mortgage up to the FNMA/FHLMC limit and a second mortgage of up to 15% of the purchase price. Other variations are 80/10/10 or 75/15/5.

Credit Problems

Troubled credit? Bankruptcy? Been turned down somewhere else? We offer loan programs for customers with credit problems. 1 day out of Bankruptcy, Short sale or foreclosure with 20% down.

Low Down Payment | FHA $100 Down

Low down payment required and closing costs paid by the borrower (seller can contribute up to 3% towards closing costs).

VA Mortgages

Backed by the Veterans Administration and the federal government, it is similar to FHA except that you have to be a qualified Veteran or military person.


Required Documents

VA Loans

Veteran Loans

Prime 1 Bancorp, Ltd is not affiliated with any government organization or bank nor do we act on behalf of the FHA or VA. This material is not from HUD or FHA and has not been approved by HUD or a government agency. We are not a Federally chartered or State Chartered Bank. We are an we are an Illinois Residential Mortgage Licensee by the Office of Banks and Real Estate License #MB.6761138, a Colorado Registered Mortgage Brokerage by Division of Real Estate, a Florida Residential Mortgage Brokerage Licensed by the Office of Financial Regulation License #MBR1930 dba Prime 1 Mortgage Inc, a California CFL Licensed Mortgage Brokerage by Department of Business Oversights 60DB055973 and a Texas SML Licensed Mortgage Brokerage by the Texas Department of Savings and Mortgage Lending. Prime 1 Bancorp, LTD Corporate Office is located at 2720 S. River Rd Suite 50, Des Plaines, IL 60018 our Toll Free Number is 888-205-3737. NMLS: 1434638

Loan product availability is subject to qualification of the borrower and loan approval after full review of the file. Not every applicant qualifies or is eligible for every loan program. Some loan products may not be available in all states. Loan approval, note rate and annual percentage rate are dependent on factors including, but not limited to, credit, collateral, income, assets and overall financial history. Not all applicants will be approved for a loan. All loan programs, terms and annual interest rates are subject to change without notice. NMLS: 1434638