San Francisco’s Super-Jumbo tier isn’t a marketing label — it’s a real, distinct segment of this market. In neighborhoods like Pacific Heights, Presidio Heights, and Sea Cliff, single-family homes routinely transact well above $4 million, and estate-level properties with Bay or Golden Gate Bridge views push considerably higher. At that level, financing stops looking like a scaled-up version of a standard Jumbo loan. Underwriting has to account for complex asset structures, multiple income sources — often including equity compensation or founder/executive stock positions from San Francisco’s technology sector — and, in many cases, a preference for privacy over the volume-based process a bank’s retail mortgage desk is built for.
I structure Super-Jumbo financing for San Francisco buyers who need a lender comfortable with asset depletion calculations, executive compensation documentation, and construction-to-permanent structures for ground-up builds in the city’s upper-tier neighborhoods.
A Super-Jumbo mortgage generally refers to financing well above San Francisco’s standard Jumbo range — typically loan amounts exceeding $2 million, though the exact threshold varies by lender and investor program. These loans sit outside both conforming guidelines and standard Jumbo underwriting boxes, and they’re common in San Francisco given how far the city’s upper-tier neighborhoods price above even the $1,249,125 conforming ceiling.
Built for Sea Cliff, Presidio Heights, and Pacific Heights properties with significant lot size, view premiums, or architectural significance — underwriting that treats these as the unique assets they are rather than forcing them through standard comparable-sales logic.
For borrowers whose wealth is concentrated in investment or brokerage accounts rather than W-2 income — common among San Francisco buyers with significant equity from technology liquidity events — asset depletion programs convert qualifying assets into an income equivalent for underwriting purposes.
Structured for borrowers with concentrated stock positions, restricted stock, or founder equity in privately held or recently public San Francisco-area companies, where standard income documentation doesn’t capture the full financial picture.
For buyers building new in San Francisco’s upper-tier neighborhoods, this structure combines the construction loan and permanent Super-Jumbo mortgage into a single closing, which matters when construction budgets and timelines run into the millions.
Pacific Heights and Presidio Heights remain the city’s most established Super-Jumbo neighborhoods, with grand single-family homes on generous lots and consistent demand from buyers relocating with significant liquidity. Sea Cliff, along the northern waterfront, commands premium pricing for direct Golden Gate Bridge and Marin Headlands views — among the most sought-after sightlines in the city. Further south, select penthouse and top-floor units in newer towers like One Steuart Lane and 181 Fremont have also entered Super-Jumbo territory, reflecting demand for turnkey luxury condo living near the Embarcadero and Financial District.
Direct experience structuring asset depletion and executive compensation files for San Francisco borrowers
Comfortable with construction-to-permanent financing for ground-up Super-Jumbo builds
Confidential process for buyers who value discretion over a high-volume retail experience
Access to Super-Jumbo investor programs beyond standard bank Jumbo pricing
Single point of contact from application through closing
Ryan Lehrman, NMLS #235295
Credit profile: Typically 720+ credit score, with the strongest pricing at 760 and above
Down payment or equity: Often 20-30%, though asset-based programs can flex this depending on liquidity
Documentation: Full asset statements, tax returns, and — where applicable — vesting schedules, equity award agreements, or business financials
Reserves: Many Super-Jumbo programs require 12+ months of reserves, sometimes more for construction-to-permanent structures
Confidential intake — We discuss your property, asset structure, and financing goals before anything moves toward a formal application.
Program matching — I identify which Super-Jumbo structure — asset depletion, executive compensation, or construction-to-permanent — fits your file.
Documentation assembly — We compile the deeper asset, income, or equity documentation these programs require.
Underwriting — I work directly with underwriting to keep your file moving, given the additional review these loans typically involve.
Closing — We close on your timeline, with communication throughout rather than a black box.
There's no single fixed line, but most lenders treat loan amounts above roughly $2 million as Super-Jumbo, which covers a meaningful share of Pacific Heights, Presidio Heights, and Sea Cliff transactions. I can tell you which tier your specific loan amount falls into.
Yes. Asset depletion programs are built for exactly this situation, converting qualifying liquid assets into an income equivalent for underwriting. This is common among San Francisco buyers with significant brokerage or investment holdings.
Yes, through a construction-to-permanent structure that combines the construction financing and the final Super-Jumbo mortgage into one closing, which simplifies the process for high-value custom builds in San Francisco's upper-tier neighborhoods.
Super-Jumbo transactions benefit from early engagement. Let’s have a confidential conversation about your property and financial profile.
Originally from Harrisburg, Pennsylvania, I moved to Phoenix to attend Arizona State University and have proudly called Phoenix home ever since.
My journey into the mortgage industry began with a friend’s encouragement, who saw how my energy and people-first mindset could make a difference. He was right — I found my calling.
I’ve always embraced what makes me different. With ADHD as my secret weapon, I thrive in fast-paced, detail-heavy environments. I’ve built my career on clear communication, creative problem-solving, and putting clients first, always.
Outside of work, my greatest motivation is my wife and three amazing kids. I’d be honored to help guide you through your lending journey with care, clarity, and commitment.
