Non-QM Jumbo Loans in Santa Monica: Coastal Living with Flexible Financing Santa Monica properties ($2M-$15M) blend beachfront lifestyle with urban amenities. Non-QM programs provide financing when DSCR underwriting can't accommodate coastal premiums. Santa Monica Market Dynamics This coastal city presents unique challenges: • Beach proximity premiums • Entertainment industry buyers • Tech company expansion (Google, Hulu) • Limited rental income vs. value Non-QM Programs for Santa Monica Bank Statement Loans Popular with creative professionals: • Entertainment executives • Tech professionals • Business owners • Entrepreneurs and investors Asset Depletion Options Ideal for high-net-worth buyers: • Investment portfolios • Entertainment industry equity • Retirement assets • Trust holdings Santa Monica Loan Specifications • Loan Size: $1M - $15M • LTV: 70-80% • FICO: 680+ (700+ preferred) • Closing: 30-40 days Recent Santa Monica Transaction $5.7M beachfront condo - Bank statement approval for tech exec. DSCR showed 0.75, qualified on deposits. 35-day close. Work with Santa Monica's Non-QM Expert Direct: (818) 880-1466 24/7: (630) 332-9115 Email: kiani105@yahoo.com Pacific Rate - NMLS #329956 | Serving Santa Monica Since 2004 Ready to Secure Your Financing? Contact Pacific Rate Today: ?? For Immediate Response: (818) 880-1466 ?? 24/7 Support: (630) 884-1362 ?? Email: support@pacificrate.com Pacific Rate - NMLS #329956 Serving California's Luxury Real Estate Markets