LendFriend Mortgage Broadens Jumbo Financing Options in Texas

Austin, Texas, July 10th, 2026

LendFriend Mortgage, an Austin-based mortgage broker licensed in 17 states, is helping expand access to jumbo financing across Texas by connecting luxury homebuyers with a broader range of alternative qualification programs. The expanded lending options are designed for borrowers whose financial strength may not be fully reflected through traditional underwriting, including business owners, executives, investors, and professionals with equity-based compensation.

Jumbo loans exceed the conforming loan limits established by the Federal Housing Finance Agency and are funded according to guidelines established by private lenders. Because underwriting standards vary significantly, borrowers who do not qualify with one lender may still be approved through another offering a program better suited to their financial profile.

“Too many qualified borrowers are denied because they are paired with the wrong loan product. LendFriend looks at the full picture and finds a smarter path to approval,” said Eric Bernstein, President of LendFriend Mortgage.

LendFriend Mortgage offers several alternative qualification paths for buyers who cannot document income through traditional W-2s and tax returns.

Bank statement loans: Income is calculated using 12 to 24 months of deposits, not tax returns. Common for self-employed borrowers and business owners.

Asset depletion: Investment portfolios, retirement accounts, and liquid assets are converted into a calculated income figure. Designed for high-net-worth buyers with limited traditional income.

RSU income: Vested restricted stock units and pre-IPO equity count toward income qualification. Relevant for tech employees and executives.

Crypto-backed mortgages: Bitcoin and Ethereum holdings can support qualification without requiring borrowers to sell their assets.

DSCR loans: Rental income on the subject property drives qualification, with no personal income documentation required.

Jumbo denials often happen after a buyer is already under contract, putting earnest money and the deal itself at risk. LendFriend Mortgage has stepped in on a number of these cases. A self-employed borrower denied on a $1.2M loan with 16 days left on contract closed in under 14 days after LendFriend restructured the file as a bank statement loan. A buyer was denied because a lender would not count pre-IPO RSUs, which closed three weeks later once LendFriend placed the file with a lender equipped to evaluate private-company equity.

LendFriend Mortgage serves buyers throughout Texas, including Austin, Dallas, Houston, Frisco, Southlake, Westlake, Highland Park, The Woodlands, West University, and other high-value housing markets where jumbo financing is commonly required. As more buyers build wealth through businesses, investment portfolios, and equity compensation rather than traditional salaries, the company expects demand for alternative jumbo qualification programs to continue to grow.

About LendFriend Mortgage

LendFriend Mortgage is an Austin-based mortgage broker offering conventional, FHA, VA, jumbo, and non-QM loan programs to homebuyers and homeowners across 17 states. The company works with a network of more than 40 wholesale lenders and credit unions, helping borrowers compare loan options including bank statement loans, asset depletion mortgages, RSU-based financing, crypto-backed loans, and DSCR programs.

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