“Super impressed with how fast and smooth the whole process was — especially given my complex RSU comp structure that traditional banks kept discounting.
Eric and the team had no problem including my full base + RSU compensation. They were extremely fast, set clear expectations from the start, and followed through on everything they promised.
Honestly one of the easiest and most stress-free mortgage experiences I’ve ever had. Highly recommend!”
Mortgage Broker in Miami for Jumbo Non-QM Loans
We are a mortgage broker serving Miami, Miami Beach, Coral Gables, and the rest of Miami-Dade County. We compare jumbo pricing and guidelines across more than 40 wholesale lenders for self-employed buyers, retirees, and purchasers of high-value homes and condos.
Why Homebuyers Trust LendFriend With Their Jumbo Loans in Miami and Miami-Dade County
Jumbo lending sits at the center of our work at LendFriend Mortgage. We arrange financing for high-value homes across Miami-Dade County, including primary residences, second homes, and investment properties. Buyers come to us for a waterfront estate in Coral Gables, a tower residence in Brickell or Sunny Isles Beach, or a family home in Pinecrest. Many of them also tour waterfront homes in Fort Lauderdale and the rest of Broward County before choosing a side of the county line. Each loan is priced across a network of more than 40 wholesale lenders.
The jumbo menu covers 30-year fixed mortgages, adjustable-rate mortgages (ARMs), and Non-QM loan programs for borrowers whose income or assets fall outside traditional guidelines.
More Than a 30-Year Fixed Jumbo Loan
A 30-year fixed rate does not suit every jumbo borrower. Buyers who expect to relocate, refinance, or sell within several years may prefer a jumbo ARM. 5/1 and 7/1 adjustable-rate mortgages can carry a lower initial rate and a lower monthly payment.
We help Miami buyers weigh each option against the expected holding period, the loan amount, and their wider financial plans.
Jumbo Loans for Self-Employed and Retired Buyers
Many high earners in Miami-Dade County are not paid through a W-2. Business owners, retirees, executives, and high-net-worth buyers may hold significant assets and cash flow while reporting less income than a conventional jumbo lender requires.
We work with lenders that offer several jumbo loan options for these borrowers, including:
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Bank statement loans that let eligible self-employed buyers and business owners qualify on 12 or 24 months of deposits in place of tax returns
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Asset depletion loans that let eligible retirees and high-net-worth borrowers count investment and retirement balances toward qualifying income
Both programs may support a larger loan amount without recasting a borrower's finances to fit conventional income rules.
Competitive Jumbo Rates and Loan Options
On a seven-figure mortgage, a small change in rate or terms carries a real dollar cost. We compare jumbo lenders for Miami buyers across loan amounts, down payments, property types, and borrower profiles.
Our review covers loan-to-value, reserves, credit, income, assets, and the expected life of the mortgage before we recommend a structure for the purchase.
Fast Jumbo Closings for Miami Homebuyers
Well-priced homes in Coconut Grove, Key Biscayne, and Miami Beach can draw offers within days. Our team coordinates with buyers, real estate agents, title companies, appraisers, and lenders at each stage of the transaction. Many of our jumbo loans can close in as little as 14 days.
A short closing timeline may help Miami and Miami Beach buyers compete with cash offers while keeping competitive financing and experienced guidance.
Loan Programs To Suit Every Miami-Dade County Borrower's Needs!
LendFriend has access to more than 40 wholesale lenders and arranges jumbo loan options for buyers who need more flexibility than a single bank offers. The programs below include bank statement loans, asset depletion loans, and crypto mortgages for qualified Miami borrowers.
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Asset Depletion Loans in Miami
Convert investment balances into qualifying income for a home purchase with an asset depletion mortgage. Brokerage accounts, retirement funds, and savings may all be counted. The structure suits high-net-worth buyers in Coral Gables and Key Biscayne whose income does not arrive through a W-2.
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Self Employed Mortgages in Miami
Self-employed income should not stand between a business owner and a mortgage. We arrange self employed mortgage options that qualify borrowers on deposits, without tax returns or W-2s. These loans serve business owners in Miami, Doral, Aventura, and the rest of Miami-Dade County.
Crypto Mortgages in Miami
Finance a home on digital asset holdings without selling a token through a crypto mortgage. Eligible borrowers may qualify on Bitcoin and Ethereum holdings with no employment income required. Long-term holders buying in Brickell, Edgewater, or Miami Beach can finance up to $5M through a jumbo crypto mortgage.
RSU Mortgages For Corporate Employees in Miami
Restricted Stock Units can count toward a mortgage without a sale of shares. Our RSU mortgage program treats vested stock grants as income. Equity-compensated professionals at employers such as Royal Caribbean Group, Carnival Corporation, Lennar, and Ryder may qualify for a larger loan as a result.
Buy Before You Sell in Miami
Purchase the next home before the current one sells through our Buy Before You Sell program. The purchase is funded with a bridge loan secured by the equity in the current home. Eligible owners may draw on existing equity for the down payment and write an offer with no sale contingency. The purchase and the sale no longer need to close on the same day.
Jumbo No-Ratio Loans in Miami
Buy or refinance a primary residence above the conforming limit with no debt-to-income calculation. A no-ratio loan is approved on credit, equity, reserves, and mortgage history, which suits owners in Miami whose wealth sits in real estate or a business and not on a tax return.
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Straightforward Qualification That Works for Buyers in Coral Gables, Miami Beach and Pinecrest
Buyers often ask what it takes to qualify for a jumbo loan in Coral Gables, Miami Beach, Pinecrest, or Key Biscayne. We set out the requirements before you apply.
Transparent income, credit & DTI guidelines
We explain each jumbo loan requirement in advance, including credit score, documentation, and debt-to-income ratio, so you can plan the purchase with accurate numbers.
Flexible solutions for self-employed professionals and retirees
Many borrowers do not earn a W-2 salary. We arrange self-employed jumbo loans and asset depletion loans in Florida for entrepreneurs, investors, and retirees financing high-value homes in Coconut Grove, Bal Harbour, and the island communities of Biscayne Bay. Buyers who leave Miami for a golf community in Palm Beach Gardens or Jupiter can use both loan types in Palm Beach County.
Ready When You Are – Let's Get Started
Our team structures jumbo mortgages for buyers of a Gables Estates waterfront home, a Venetian Islands residence, a Brickell high-rise condo, or an oceanfront tower unit in Sunny Isles Beach. The options range from 10% down jumbo loans for strong files to specialty Non-QM solutions for self-employed and retired buyers. Some of these buyers keep a Gulf Coast second home in Sarasota or on Longboat Key, and a second-home jumbo loan carries its own down payment and reserve requirements.
Apply for a jumbo loan online today or speak with a local expert. We will compare current jumbo mortgage rates in Florida, explain how a jumbo loan differs from a conforming mortgage, and lay out each step to closing. Many of our clients in Coral Gables, Miami Beach, Pinecrest, and Key Biscayne close in as little as 14 days.
Jumbo Non-QM Loan Examples for Miami Buyers
Executives, founders, retirees, and homeowners across Miami-Dade County often pair a large loan amount with a complex financial picture. The scenarios below are illustrative examples of how asset depletion loans in Florida, bank statement loans, and jumbo no-ratio loans can be structured for a purchase or a cash-out refinance. Jumbo no-ratio loans are available for a primary residence only.
$2.9M Asset Depletion Loan in Key Biscayne
A retired couple buying a $4.2M home on Key Biscayne wants to keep an $11M portfolio fully invested. A jumbo asset depletion loan can convert brokerage and retirement balances into qualifying income for a $2.9M mortgage. The purchase can then close with the 30% down payment already planned and no securities sold.
$5.5M Cash-Out Asset Depletion Loan in Coral Gables
A Coral Gables owner holds a waterfront home worth about $11M with a $2.4M mortgage and wants capital for a private investment. A jumbo asset depletion loan can qualify a $5.5M cash-out refinance on an $18M brokerage portfolio, with no employment income documented. The new loan sits at 50% of value and returns roughly $3.1M in cash at closing.
$2.2M Bank Statement Loan in Pinecrest
A Pinecrest business owner buying a $2.8M home reports modest taxable income after 10 years of reinvesting in the company. A jumbo bank statement loan can qualify a $2.2M mortgage on 24 months of business deposits in place of tax returns. With $600,000 down, the file can reach closing inside a 30-day contract period.
$3M Cash-Out No-Ratio Loan in Miami Beach
A founder owns a primary residence on the Sunset Islands in Miami Beach worth about $8M, with a $1.5M mortgage. A jumbo no-ratio loan, offered for a primary residence only, can support a $3M refinance on equity, credit, and mortgage history. The loan stays under 40% of value, releases about $1.5M in cash, and involves no debt-to-income calculation.
Jumbo Mortgage Options Beyond Miami
Miami buyers often own property in more than one market. Some are relocating, some are adding a second home, and others divide the year between two states. We arrange jumbo financing in many of the states these buyers consider.
Within Florida, we finance higher-priced homes from Coral Gables and Miami Beach to Fort Lauderdale, Boca Raton, and the Gulf Coast. Our jumbo loans in Florida cover luxury primary residences, second homes, and investment properties statewide.
Many searches continue north along the Gold Coast to Palm Beach Gardens, Jupiter, and Palm Beach. On the Gulf side, Miami buyers consider Naples and Marco Island, along with Tampa Bay and the Pinellas County beaches, including St. Petersburg and Clearwater.
Outside Florida, we work with buyers who keep a home in the Northeast or Midwest, including Connecticut towns such as Greenwich and Westport and Chicago's North Shore. Summer and ski homes take Miami owners to the North Carolina mountains around Highlands and Cashiers and to Colorado resort markets such as Aspen and Vail. Others are moving to Texas, where Austin, Dallas, and Houston draw corporate relocations.
Whether the next purchase is in Miami-Dade County, on the Gulf Coast, or in another state, we can help you compare jumbo mortgage options before you write an offer.
BORROWER TESTIMONIALS
See Why Jumbo Borrowers Choose LendFriend Mortgage
See how homebuyers across the country have worked with LendFriend Mortgage to navigate larger loan amounts, complex income, and jumbo mortgage financing.
★★★★★
“Eric is my go to guy for all lending needs. This is my third time with Lendfriend and will be back for future purchases and refi!”
“The team at LendFriend made buying our home in Florida so easy. We had an expiring lease and LendFriend was able to move very quickly to get us closed in under 30 days before the lease ended.
They also got us a great rate on a jumbo loan and were available day and night to answer all of our questions. If you’re looking for a mortgage broker that makes the process stress-free while still getting you a great rate, you have to call LendFriend.”
“We had a great experience working with LendFriend, specifically, Michael and team. They were responsive, knowledgeable, and professional throughout the entire process. Communication was clear, and they made everything feel smooth and easy.”
“LendFriend is the absolute best. I found them after I was denied by a lender due to an appraisal issue. I spoke with dozens of lenders, but LendFriend was the only one that could figure out a solution.
They were able to close my jumbo loan in less than 3 weeks and hit my closing date. If you need a lender to step in and save the day, call LendFriend!”
“The staff from my new favorite mortgage company Lendfriend is the best experience I’ve ever had from any lending organization...Their customer Service was very attentive and always prepared to assist me in every way...Ask for Eric !!”
FAQs – Getting a Jumbo Loan In Miami
What loan amount qualifies as a jumbo loan in Miami-Dade County?
In Miami-Dade County, the 2026 conforming loan limit for a one-unit property is $832,750. A mortgage above this amount is classified as a jumbo loan.
The 2026 limits for Miami-Dade County are listed below. The same limits apply in neighboring Broward and Palm Beach counties.
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Single-unit property: $832,750
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Two-unit property: $1,066,250
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Three-unit property: $1,288,800
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Four-unit property: $1,601,750
Homes and condos in Miami Beach, Coral Gables, Key Biscayne, and Sunny Isles Beach regularly exceed these thresholds, so jumbo mortgages are the standard form of financing in these markets.
How much can I borrow with a jumbo loan in Miami?
Well-qualified borrowers can obtain jumbo loans in Florida for several million dollars. Approval depends on credit score, loan-to-value ratio, and reserves. Stronger credit and larger reserves generally produce lower jumbo rates and better terms.
Do jumbo loans require perfect credit?
No. A score of 750 or higher supports the strongest jumbo pricing. Borrowers with somewhat lower scores may still qualify when the file shows compensating strengths, such as a larger down payment or substantial liquid assets.
Can I get a jumbo loan in Miami if I am self-employed or have complex income?
Yes. We arrange Jumbo Non-QM programs, including bank statement loans and asset depletion loans. Entrepreneurs, consultants, and retirees buying in Miami Beach or Coral Gables may qualify without W-2s or traditional tax returns. Self-employed buyers can review how jumbo bank statement loans in Florida calculate income from 12 or 24 months of deposits, with loan amounts up to $7M.
What property types are eligible for jumbo financing in Miami?
Eligible properties include single-family homes, warrantable and non-warrantable condos, townhomes, and 2–4 unit properties. We arrange jumbo financing for a Gables Estates waterfront home, a Pinecrest estate, a Brickell tower residence, or a South of Fifth condo. Buildings that operate with a hotel rental program may require a condotel mortgage, which fewer lenders offer. Condo buyers who compare Brickell with downtown Tampa and St. Petersburg face the same project review in either city.
How do jumbo loan interest rates compare to conventional rates?
Jumbo rates in Miami-Dade County are often close to conventional rates and are sometimes lower. Lenders compete for well-qualified jumbo borrowers in established markets such as Coral Gables and Key Biscayne.
Is an adjustable-rate mortgage a good option for a jumbo loan in Miami?
It may be, depending on how long you expect to keep the home. A 5/1 or 7/1 jumbo ARM holds a fixed rate for the first five or seven years and often prices below a 30-year fixed. The lower initial payment can matter on a Miami Beach or Pinecrest purchase, which helps explain why ARMs have returned for jumbo borrowers. Relocating executives and buyers who expect to refinance are the usual candidates. The answer changes with the holding period, so each borrower should consider whether an ARM makes sense with a sale planned.
How much equity can I access with a jumbo cash-out refinance in Miami?
Lenders review credit, reserves, and the appraisal, and maximum loan-to-value is commonly near 80% on a primary home and lower on very large loans. Owners in Coral Gables, Pinecrest, and Miami Shores can reach their equity through a jumbo cash-out refinance. The new jumbo loan replaces the current mortgage and pays the difference to the owner in cash. Miami homeowners with VA entitlement may be able to borrow a higher share of value with a VA cash-out refinance or a VA jumbo cash-out refinance. Neither VA option carries monthly mortgage insurance.
Can I use a VA loan for a jumbo purchase in Miami?
Eligible veterans and active-duty service members, including those assigned to Homestead Air Reserve Base and U.S. Southern Command in Doral, may be able to use a VA loan above the conventional limit. Qualified borrowers may finance a higher-priced home with $0 down and no monthly PMI. VA jumbo loans may carry no set loan limit when the borrower has full entitlement.
Can I refinance a jumbo loan in Miami?
Yes. A jumbo refinance can reduce the rate, convert an ARM to a fixed loan, or release equity from a high-value property. Self-employed owners have additional refinancing options for Florida business owners that qualify income from deposits.
What can I do if a bank denied my jumbo loan in Miami?
A denial from one bank often reflects the internal overlays of that bank and not the strength of the borrower. Wholesale jumbo lenders treat bonus income, RSUs, business income, and large asset balances differently. A broker can place the same file with a lender whose guidelines fit it. A borrower still under contract has several options when a jumbo loan is denied.
How much do I need to put down on a jumbo loan in Miami?
Most jumbo lenders ask for 10% to 20% down on a primary residence in Miami-Dade County. The lowest down payments go to borrowers with the strongest credit and reserves, and second homes and investment properties usually require more. A Miami owner financing a beach house in 30A or Destin should plan for the second-home minimum. Reserves remaining after closing carry as much weight as the down payment itself. The minimums differ by program, and jumbo and Non-QM mortgage down payments are set by credit, occupancy, and loan size. Buyers who occupy the home as a primary residence may also apply for the Florida homestead exemption on property taxes.
Why Choose LendFriend?
Jumbo loans are a core specialty at LendFriend Mortgage. We match each borrower with a jumbo lender suited to the property, the financial profile, and the purpose of the loan. Our process has no hidden fees and is organized for speed. We arrange 30-year fixed loans, 7/1 ARMs, and flexible Non-QM options for buyers across Miami-Dade County.
Around the Clock
Our team is available 7 days a week to compare jumbo mortgage rates and review lender options with you. We assist with primary homes, second homes, and investment properties.
Loan Options
We arrange a full range of jumbo financing, including conventional fixed rates, ARMs, bank statement loans, and asset depletion loans. Each recommendation reflects the borrower's income, assets, and plans for the property.
Get Pre-Approved Quickly
A jumbo preapproval strengthens an offer and shows a seller the buyer can close on a higher-priced property. The online jumbo loan application takes only a few minutes to complete.
Competitive Rates with No Points
We compare multiple jumbo lenders to find competitive rates for your profile, without unnecessary points or hidden charges.
Personalized Mortgage Guidance
Each client works directly with a jumbo mortgage expert who explains the options, structures the file for approval, and manages the underwriting process.
Close in as little as 14 days
Our process is designed for larger transactions, and many jumbo loans close in as little as 14 days in competitive markets such as Coral Gables, Miami Beach, Pinecrest, and Key Biscayne