Successful business with legitimate write-offs
Schedule C net income looks modest on paper. Real cash flow tells a different story.
Bank Statement Jumbo →
Arizona Jumbo & Super Jumbo Financing
Arizona Jumbo Financing for High-End Purchases
Full-doc, self-employed, asset-based, and Medical Professional jumbo financing for Scottsdale, Paradise Valley, Sedona, and luxury markets across Arizona. Structured around the borrower's real financial profile — not forced into a single product.
ExecutiveHigh-income W-2 buyers
Self-EmployedBusiness owners with complex income
PhysicianMedical Professional jumbo
Licensed in Arizona · NMLS #173855 · Equal Opportunity Lender
What makes a loan "jumbo"?
A jumbo loan is simply a mortgage above standard conventional loan limits. Because these loans are evaluated through private jumbo underwriting instead of standard agency guidelines, there's often more flexibility — depending on the borrower's assets, income structure, and overall financial profile.
- Standard jumbo typically begins above the conforming loan limit and runs to roughly $3M.
- Super jumbo generally describes loans above $3M, with deeper review and higher reserve requirements for estate-class purchases.
- Specialty jumbo programs add flexibility for self-employed, asset-based, and Medical Professional borrowers whose financial profile doesn't fit standard documentation.
Real Arizona client
"Closed cleanly. Third attempt."
"I'd been told no on three different $1.4M Scottsdale offers because of how my tax return reads. Mike used 24 months of business bank statements to qualify me cleanly. Closed in 33 days, no contingency."
D.S. · Scottsdale, AZ · E-commerce founder
That's the most common jumbo problem we solve. Successful business owners write off legitimately. Retirees live on assets. Borrowers between liquidity events have complex income.
None of those profiles read well to traditional underwriting — but they're exactly what specialty jumbo financing is built for.
See which path may fit you →
Find your path
Which jumbo path typically fits best?
Lead with the borrower profile — not the loan-product label. Pick the row that fits your situation and we'll dig into the details together.
| If this sounds like you… | Possible jumbo strategy |
|---|---|
| Salaried executive, physician, or W-2 income | Traditional Jumbo (Full-Doc) |
| Self-employed with strong business or personal deposits | Bank Statement Jumbo |
| Organized CPA-prepared books | Profit-and-Loss Jumbo |
| High assets but lower taxable income | Asset-Based Qualifying |
| Recently sold a business or prefer not to qualify using income | Qualify Using Liquid Assets |
| Physician, dentist, resident, or medical professional | Doctor Jumbo Program |
| Estate-class purchase above $3M | Super Jumbo |
Specific guidelines — credit-score floors, down-payment ranges, reserves — vary by program. We'll model the exact parameters for your situation on the call.
High-end borrower reality
Profile 1
Profile 2
Profile 3
Strong financial profile, less-than-traditional tax return?
It's the most common high-end mortgage problem we solve. Those situations often fit specialized jumbo qualifying methods much better than traditional underwriting.
Strong assets, limited reportable income
Most of the financial strength sits in liquid assets, not paychecks. Tax return doesn't reflect it.
Asset-Based Qualifying →Recently liquid, or simply prefer privacy
Recently sold a business, between ventures, or prefer not to document income at all.
Qualify Using Liquid Assets →
Why work with us
About Mike & Cornerstone →
Structured around your financial profile, not forced into one product.
We structure jumbo financing around the borrower's real financial profile instead of forcing every file into one rigid underwriting box. That flexibility matters for executives, business owners, physicians, and high-net-worth borrowers whose situations don't compress neatly into a standard documentation lane.
- Multiple specialized jumbo strategies under one roof — traditional, self-employed, asset-based, physician, and super-jumbo.
- In-house processing, underwriting, and funding at Cornerstone First Mortgage — direct accountability through close.
- Discreet handling for high-net-worth borrowers — minimum required documentation, not a kitchen-sink approach.
- Equal Opportunity Lender. Clear assessment, honest math, no script.
FAQ
Common high-net-worth borrower questions
Can I qualify if most of my income comes from investments?
Yes. Asset-based qualifying and asset-utilization programs are built precisely for that scenario — converting your liquid investment position into qualifying income, or skipping income calculation entirely. Common for retirees, business owners between ventures, and clients living on portfolio distributions.
Can I qualify after selling a business?
Yes. The proceeds from a recent business sale frequently support asset-based jumbo qualifying. Seasoning requirements vary — generally 60 days minimum, sometimes 90 — with a documented paper trail from sale proceeds. We'll review the specific timing on your situation.
How much documentation is actually required?
Depends entirely on the qualifying path. Traditional jumbo is full documentation (paystubs, W-2s, tax returns). Self-employed and asset-based paths typically require less — often eliminating tax returns and replacing them with bank deposits, a profit-and-loss statement, or asset statements. The objective is minimum required documentation for your specific program — not kitchen-sink underwriting.
Can self-employed jumbo borrowers still get competitive rates?
Often yes. On strong files, jumbo bank-statement and profit-and-loss programs are frequently surprisingly competitive compared to traditional full-documentation jumbo. Pricing varies by file, credit, reserves, and loan amount — we quote actual rates for your specific scenario rather than generic ranges.
What credit score is required for a jumbo loan?
Credit-score expectations vary by program, loan amount, and loan-to-value. The Medical Professionals program is among the most accommodating; traditional and super-jumbo programs typically expect higher scores. We assess this with your actual file rather than table ranges.
How much do I need to put down on a jumbo?
Standard jumbo typically allows lower down payments at smaller loan amounts and requires more equity as the loan size climbs. Asset-based programs typically require more equity contribution. The Medical Professionals program allows up to 100% financing with no monthly mortgage insurance for qualifying physicians and dentists.
What reserves do jumbo lenders expect?
Reserve expectations scale with loan amount and leverage. Standard jumbo files typically expect several months of housing-cost reserves; super-jumbo expects materially more. Reserves can come from liquid assets, retirement accounts (with adjustments), and sometimes pledged assets.
Can I do an interest-only jumbo loan?
Yes. Interest-only is a common feature on jumbo programs — typically with a 10-year IO period followed by 20 years of principal and interest. Useful for executives expecting bonus, RSU vesting, or liquidity events that pay down principal in chunks.
Can I close in a trust?
Many jumbo programs allow closing in a revocable living trust for primary residences — estate-planning trust closings are routine on the high-end side. Bring your trust documents to the consult and we'll confirm what works with your specific program.
Are jumbo rates much higher than conforming?
Often not. Jumbo pricing has tightened significantly versus conforming over the last several years. On strong files, jumbo can occasionally price at or below conforming. Pricing is investor- and file-specific.
Bring your purchase target, liquidity picture, and income structure.
We'll tell you which jumbo path realistically fits before you waste time with rigid underwriting. Direct conversation, no script.