DSCR Direct

Jumbo Loans for High-Value Properties

Jumbo loans are mortgages that exceed the conforming loan limits set by the Federal Housing Finance Agency (FHFA). In most areas, the 2024 conforming limit is $766,550 for a single-unit property. Any loan above that amount is considered jumbo and falls outside the guidelines of Fannie Mae and Freddie Mac, meaning lenders take on more risk and typically charge higher rates.

Qualifying for a jumbo loan is significantly more demanding than a conforming loan. Lenders typically require 20% or more down, excellent credit (often 700+), substantial reserves (6-12 months of payments in the bank), and thorough income documentation. For W-2 employees with high salaries, this is usually straightforward. For self-employed borrowers and real estate investors who optimize their taxes, jumbo qualification can be extremely difficult.

The income documentation hurdle is particularly painful for investors buying high-value rental properties. A $1.2M rental property that cash flows well on paper may still be out of reach if your tax returns show low adjusted gross income. Jumbo lenders want to see strong personal income regardless of the property's performance.

DSCR Jumbo Programs - Up to $2M+ Without Income Docs

DSCR jumbo loan programs solve this problem by qualifying based on the property's rental income instead of your personal income. Many DSCR lenders offer loan amounts up to $2 million or more, with no tax returns, no W-2s, and no personal income verification required. The property's DSCR ratio (monthly rent divided by the monthly mortgage payment) is the primary qualifying factor.

• Loan amounts up to $2M+ - well above conforming limits
• No income documentation - qualify on the property's cash flow
• Close in an LLC - asset protection for high-value properties
• No property count limits - scale your portfolio without restrictions
• Interest-only options - maximize cash flow on premium rentals