Can self-employed buyers qualify for a jumbo loan in Washington?

Yes, but the documentation requirements are more stringent. Self-employed jumbo borrowers typically need two years of personal and business tax returns, a current profit-and-loss statement, and evidence that business income is stable or growing. Bank statement jumbo programs also exist — qualifying income is calculated off 12–24 months of deposits rather than tax returns. If your returns show heavy write-offs that understate actual income, bank statement jumbo is worth exploring.