At the top of Everett’s residential market, a small but genuine tier of properties exists that commands values well beyond the standard Jumbo range — the most exceptional bluff-top estates along Mukilteo Boulevard where unobstructed views of Port Gardner Bay, the Olympic Mountains, and Puget Sound command premiums that reflect the scarcity of irreplaceable Pacific Northwest waterfront settings; and the finest large-parcel view properties in the Harborview-Seahurst-Glenhaven corridor where Puget Sound panoramas anchor some of Snohomish County’s most sought-after addresses. For these properties, portfolio lending is the only appropriate path: each institution underwrites on its own book, and the transaction is built around a thorough, individualized view of the borrower’s complete financial profile.
I work with the portfolio lender relationships and the North Puget Sound market knowledge needed to serve buyers at this level — with the discretion that high-value waterfront and view transactions require.
Super-Jumbo mortgages typically begin at $3 million. Above this threshold, every transaction is portfolio lending — each institution sets its own guidelines, and the right lender match depends on the specific combination of borrower profile and property type. In Everett, the super-jumbo tier is concentrated in the most exceptional properties along the Mukilteo Boulevard bluff corridor and in Snohomish County’s waterfront and estate markets, where land scarcity, water access, and mountain views combine to create values that standard programs cannot accommodate.
Key Features:
Loan amounts from $3 million and above
Portfolio lending — no Fannie/Freddie constraints
Asset-based and asset depletion income programs
Asset-based and asset depletion income programs
Primary residences, second homes, and vacation properties
North Puget Sound waterfront and view property experience
Discreet, high-touch service throughout
For Mukilteo Boulevard, Harborview-Seahurst-Glenhaven, and Snohomish County waterfront and premium view properties
Portfolio lenders with experience in Pacific Northwest coastal and bluff-top real estate
Flexible reserve structures for executives, retirees, and asset-rich buyers
Primary and second home programs
Qualifying income calculated from investable assets rather than W-2 earnings
Designed for retirees and high-net-worth buyers whose wealth is held in portfolios rather than current employment income
A primary tool for Boeing career retirees with substantial pension and investment assets, and for senior aerospace executives transitioning out of active employment
Tailored structures for Boeing executives, senior program managers, and aerospace industry leaders with complex total compensation packages
Documentation structures for multi-year deferred compensation, executive bonus programs, and long-term incentive plans
Bridge-to-purchase options for buyers whose prior home sale is pending
For fully custom builds on remaining Mukilteo Boulevard bluff parcels and premium Snohomish County waterfront and view lots
Rate locked at origination through the full build window
Single closing, no re-qualification at completion
Mukilteo Boulevard Bluff Estates — The defining address of Everett's super-jumbo market. The most significant properties along Mukilteo Boulevard — large bluff-top parcels with unobstructed Port Gardner Bay and Puget Sound views, established mature landscaping, and architecturally significant homes with generous square footage — represent a category of Pacific Northwest residential real estate that cannot be replicated at any price point in an inland setting. The ferry crossing below, the Olympic Mountains beyond, and the Cascade Range visible to the east create a 270-degree view environment that defines these properties. The most exceptional Mukilteo Boulevard estates reach super-jumbo territory for their combination of land, setting, and build quality.
Harborview-Seahurst-Glenhaven View Estates — The finest properties in this established West Everett neighborhood — larger lots, contemporary or extensively renovated mid-century builds, and panoramic Puget Sound and Olympic Mountain views — occupy one of Snohomish County's most consistently desirable residential tiers. Upper-tier properties with significant view exposure approach and occasionally reach super-jumbo territory for the most exceptional configurations.
Snohomish County Waterfront — The broader Snohomish County market — Mukilteo's beachfront properties, Port Susan waterfront, and select Puget Sound-adjacent parcels throughout the county — offers a category of Pacific Northwest waterfront real estate that produces occasional super-jumbo transactions, particularly for buyers who want direct water access rather than a bluff-top view.
Direct relationships with portfolio lenders who understand North Puget Sound waterfront real estate, bluff-top view property valuation, and Snohomish County's distinct upper-tier market
Experience with the buyer profiles most common at Everett's super-jumbo tier — Boeing career executives, aerospace industry veterans, retirees with substantial portfolios, and buyers from Seattle's higher-cost market seeking Snohomish County's waterfront access
Asset depletion and asset-based income programs for buyers whose wealth is in portfolios and retirement accounts rather than current employment
Discretion and personalized service throughout the process
Single point of contact from pre-qualification through closing
20+ years of experience — NMLS #235295
Substantial Net Worth — Portfolio lenders evaluate the complete financial picture. Net worth relative to loan size, liquidity, and post-close reserves are all central to underwriting.
Post-Close Reserves — 12 to 24 months of PITI in liquid or near-liquid assets is typical at the $3M+ tier.
Income Documentation — Retired Boeing executives and career aerospace professionals use asset depletion, pension income documentation, and investment account statements. Active executives use W-2s, deferred compensation records, and executive compensation agreements.
Property Approval — Bluff-top view properties and Puget Sound waterfront real estate require lenders experienced with these property types and the appraisal dynamics of North Puget Sound's view and waterfront markets.
Initial Consultation — A private conversation about your financial profile, target property, and timeline.
Lender Matching — I identify the right portfolio lender from my network based on your profile and property type.
Documentation & Underwriting — Thorough review, guided throughout by a single point of contact.
Appraisal Coordination — North Puget Sound super-jumbo appraisals require specialists with genuine Snohomish County waterfront and bluff-view market experience and access to comparable sales in limited-inventory settings.
Closing — Typically 45-60 days for qualified borrowers; varies by property type and lender.
Yes. Asset depletion programs calculate qualifying income from your documented investment portfolio and retirement accounts divided over a defined drawdown period — a practical and lender-accepted approach for Boeing retirees whose combined pension and investment assets are substantial relative to the purchase price. This is one of the most common qualifying structures at Everett's super-jumbo tier.
Yes. Super-Jumbo One-Time Close Construction programs cover custom builds on Mukilteo Boulevard and other Snohomish County bluff and view parcels — with rate locked at origination and a single closing before the build begins. These programs accommodate the longer build timelines typical of estate-scale bluff construction.
Yes. Portfolio lenders can finance waterfront properties throughout Snohomish County — including Mukilteo beachfront, Port Susan waterfront, and other Puget Sound-adjacent parcels. The appraisal process for waterfront real estate in this market requires specialists with genuine North Puget Sound experience; I coordinate this as part of the transaction.
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.
Who we are
Our website address is: https://loansbylehrman.com/
Embedded content from other websites
Articles on this site may include embedded content (e.g. videos, images, articles, etc.). Embedded content from other websites behaves in the exact same way as if the visitor has visited the other website.
These websites may collect data about you, use cookies, embed additional third-party tracking, and monitor your interaction with that embedded content, including tracking your interaction with the embedded content if you have an account and are logged in to that website.
SMS Privacy
I respect your privacy. I will not share or use your mobile number for any other purpose. I will only use information you provide to transmit text messages. Nonetheless, I reserve the right at all times to disclose any information as necessary to satisfy any law, regulation or governmental request, to avoid liability, or to protect my rights or property. When you complete forms online or otherwise provide me information in connection with the Service, you agree to provide accurate, complete and true information. You agree not to use a false or misleading name or a name that you are not authorized to use. If I, in my sole discretion, believe that any such information is untrue, inaccurate or incomplete, I may refuse you access to the Service and pursue any appropriate legal remedies.
Analytics tracking
Our website uses analytics tools such as Google Analytics to better understand how visitors interact with our site. These tools collect data through cookies and similar technologies, including information about on-site activity and, in some cases, IP addresses. We use this data to improve user experience, monitor performance, and track conversions. Visitors who prefer not to be tracked can opt out by using the Google Analytics opt-out browser add-on or other available opt-out methods.
