We work with many high-net worth clients in Southern California, many of whom have the liquidity and net worth to purchase luxury real estate, but conventional mortgage underwriting doesn’t always line up with their financial reality, that’s where non-qm loans come in. There are plenty of reasons a successful applicant may not be approved for a conventional loan, but financing is often the better choice (even if you can pay cash). We help borrowers navigate jumbo non-QM loans with flexible, asset-friendly financing that opens doors to vacation homes, investment estates, custom builds, and more. Here’s what you need to know about how our high-net worth borrowers are leveraging non-QM loans in Southern California.
What is a jumbo loan?
A jumbo loan is a mortgage above conforming limits that does not follow the strict documentation rules of conforming lenders. Instead of relying solely on W-2s and traditional DTI calculations, non-QM lenders like us can use alternative documentation like bank statements, asset balances, or depletion formulas to evaluate capacity and creditworthiness.
In other words, a jumbo loan can be the flexible option you need to buy the luxury Southern California property you want, when conventional mortgages just won’t be the right fit.
Why do high net worth borrowers need jumbo non-QM loans?
Many affluent borrowers have income that’s legally optimized (K-1s, depreciation, business expenses) or earn primarily from investments. On paper that can look like you have too low an income to qualify for the mortgage you’re pursuing; in reality you may have strong financial health, but you can’t verify that the way applicants typically do (with a W-2 and pay stubs).
Jumbo non-QM underwriting reads the broader financial story — assets, cash flow from investments, and documented bank activity — so wealthy clients aren’t penalized for sophisticated tax planning.
What qualification methods do lenders use for these loans?
We specialize in finding ways to leverage whatever works best for our clients to get loan approval. We commonly use:
- Bank statement loans — qualifying from 12–24 months of personal or business statements instead of tax returns.
- Asset depletion — converting retirement accounts, brokerage balances, and cash reserves into an income equivalent for qualification.
- Interest-only structures — lowering monthly payments while preserving liquidity.
- Limited documentation or no-income verification — for investors or foreign nationals.
Who benefits most from jumbo non-QM financing?
A jumbo non-QM loan might be exactly the solution you’ve been looking for. It can be the right fit for a variety of borrowers, but we most typically see beneficiaries that include business owners, self-employed professionals, real estate investors, foreign nationals, and retirees with high net worth. Truly, anyone who prefers to keep portfolios intact rather than liquidate investments to meet traditional mortgage rules might find our jumbo loans to be ideal.
How can jumbo non-QM loans be used for luxury properties?
These loans are frequently used for: second homes, vacation estates, short-term rental properties, high-value primary residences, custom construction, and multi-million dollar investment purchases. Because underwriting is flexible, borrowers can act quickly in competitive luxury markets without triggering tax events from asset liquidation.
What are the advantages of choosing a jumbo non-QM loan?
If you’re looking at the pros and cons of your financing options, we’d love to walk you through it. These are some of the key benefits for high net worth borrowers:
- Flexible documentation that reflects true financial strength.
- Preservation of investments and tax-efficient planning.
- Custom loan structures (interest-only, longer terms) to match cash-flow goals.
- Faster, concierge-style approvals from lenders experienced with complex profiles.
How can Jackie help me secure the right jumbo non-QM loan?
We specialize in privacy, customization, and access to niche mortgage programs. Our own Jackie Barikhan is a leading expert in Southern California non-QM loans, and we have all the answers you’re looking for to make a confident financing decision.
We guide high-net-worth clients through documentation strategies (bank statements, asset summaries), recommend loan structures that preserve liquidity, and connect borrowers with lenders who understand complex financial situations — all with competitive pricing and discreet service.
Ready to explore options? Contact us for a confidential consultation tailored to your financial profile.
