Medford’s super-jumbo market is small, specific, and driven by a buyer demographic that is more concentrated and more distinctly identifiable than in most markets: the California and Pacific Northwest equity buyer who has sold a high-value coastal property — a Bay Area home, a Seattle-area estate, a Southern California equity accumulation built over two or three decades — and is arriving in Southern Oregon with accumulated wealth thaT fundamentally changes what is accessible to them. A physician who practiced in San Francisco for 20 years, sold a Marin County home for $2.5 million, cleared $1.8 million after their mortgage, and chose Medford for its climate, outdoor access, Rogue Valley wine country, and Southern Oregon University cultural amenities is not shopping at Medford’s $445,000 median. They are acquiring in Saddle Ridge, building a custom estate home with Rogue Valley views, and financing the balance of a $2 million-plus transaction with a portfolio loan that their Bay Area lender would never have thought to offer them.
Medford’s super-jumbo market also serves an emerging category of Lithia Motors senior leadership — a Fortune 500 company’s C-suite and senior vice presidents are among any community’s highest-earning residents, and Medford is unusual in that its Fortune 500 company is headquartered locally rather than simply having operations here. Lithia’s top-tier executives hold equity positions in NYSE: LAD, receive executive compensation packages that include long-term incentive plans, deferred compensation, and stock option grants, and are purchasing in Medford’s most exclusive residential settings as career-long Rogue Valley residents. These buyers require the discretion, the financial sophistication, and the portfolio lending relationships that super-jumbo transactions demand. At Loans by Lehrman, these are not transactions we treat as exceptions. They are profiles we have documented and closed.
A super-jumbo mortgage in Medford is a non-conforming loan exceeding $2 million — well above the 2026 Jackson County conforming limit of $832,750. These loans are portfolio-held, manually underwritten, and structured around the borrower’s complete financial picture.
Medford super-jumbo borrowers typically present with:
Significant prior real estate equity from Bay Area, Southern California, or Pacific Northwest home sales, held in investment accounts or cash positions
Retirement income from pensions, Social Security, and investment distributions that has accumulated to levels supporting a high-value Medford purchase
Active income from remote employment with a national employer, ongoing business ownership, or consulting arrangements
Lithia Motors executive compensation including base salary, annual bonus, long-term incentive plans, deferred compensation, and NYSE: LAD equity grants
Medical practice income or hospital employment income combined with prior coastal real estate equity from a physician who has made the decision to relocate permanently to the Rogue Valley
For Medford buyers arriving with $800,000 to $2 million-plus in prior home sale equity from California or Washington, we structure documentation from all available income and asset sources — prior home proceeds, retirement distributions, Social Security, investment income, and any continued employment — to present the complete qualifying picture to portfolio lenders who underwrite these transactions manually.
For Southern Oregon buyers whose liquid and semi-liquid assets substantially exceed their current annual earned income — retirees, early-retirement executives, and physicians who have transitioned away from active practice — asset depletion programs convert documented portfolio and retirement account balances to qualifying monthly income. California home equity proceeds, IRA and 401(k) balances, and investment accounts are all generally documentable.
For active Lithia Motors C-suite leaders and senior vice presidents whose total compensation package includes base salary, annual bonus, long-term incentive plans, and NYSE: LAD equity compensation, we develop documentation strategies that accurately present total annual and deferred compensation to portfolio lenders who underwrite super-jumbo loans manually.
For buyers commissioning custom builds on Saddle Ridge estate lots, private Roxy Ann Mountain parcels, Applegate Valley acreage, or rural Jackson County property, our construction-to-permanent super-jumbo program closes once, funds in draws, and converts to a permanent mortgage at completion without re-qualification across a 12 to 18 month build cycle.
Saddle Ridge Estate Lots — $700,000 to $2.5 million-plus
Saddle Ridge on the slopes of Roxy Ann Mountain is Medford's prestige residential address — large parcels at elevation with panoramic Rogue Valley views, Cascade foothills as the backdrop, and the custom-build exclusivity that production neighborhoods cannot replicate. Lot values alone drive significant investment before a single foundation is poured; custom builds from established Southern Oregon architects and contractors add another $500,000 to $1.5 million depending on specifications. The combined land-and-build value on Saddle Ridge's most ambitious estate projects reaches $2 million to $3 million, placing them firmly in super-jumbo territory. Buyers here are making a deliberate, permanent residential investment in the Rogue Valley — not a transitional purchase.
Rogue Valley Country Club — Premium Properties at $1.5 Million-plus
At the top of the Rogue Valley Country Club neighborhood —
course-adjacent lots with original or custom-renovated builds exceeding 3,000 square feet, premium finishes, and the cachet of the area's most exclusive address — values can reach $1.5 million to above $2 million. These are rare transactions that occur when a longtime Bay Area resident or Lithia executive has made the decision that Medford's golf-cart-to-fairway lifestyle is where they want to spend the next chapter of their financial life. The combination of golf course access, established neighborhood character, and scarcity of premium lots at the course's edge sustains values at the upper end that the broader Medford market cannot support.
Applegate Valley Estate Properties
The Applegate Valley west of Medford — adjacent to the Applegate River, the heart of Southern Oregon's wine country, and the Rogue River-Siskiyou National Forest — produces riverside estates, vineyard properties, and rural retreats that attract wealthy California and Pacific Northwest buyers seeking a combination of agricultural setting, outdoor lifestyle, and the particular beauty of the inland Rogue Valley landscape. Properties here range from $800,000 for substantial rural acreage to above $2 million for the most complete estate configurations with improvements, outbuildings, and river or vineyard frontage.
Portfolio lender access with Pacific Northwest and California equity buyer expertise
Saddle Ridge and Applegate Valley estate property documentation experience
Asset depletion programs for Southern Oregon retirees and early-retirement buyers with significant accumulated wealth
Lithia Motors executive compensation structure analysis at the super-jumbo scale
Construction-to-permanent super-jumbo for Saddle Ridge custom builds and rural Jackson County estate projects
Complete discretion throughout — Lithia executives and prominent Southern Oregon business leaders require confidentiality
Ryan Lehrman, NMLS #235295
Credit: Typically 720 or above; 740+ for most favorable program terms
Income: All sources considered — California prior home proceeds, retirement distributions, investment income, remote W-2, Lithia executive compensation, active practice physician income; asset depletion available for qualifying borrowers
Reserves: Typically 12 to 24 months PITI in liquid or semi-liquid accounts; investment portfolios, IRA, and prior home equity documentable as reserve assets
Property: Estate homes, view parcels, custom builds, golf course properties, and vineyard estates; considered with appropriate appraisal methodology
Saddle Ridge estate lots with custom residential improvements ($1.5 million to $3 million-plus), Rogue Valley Country Club's most exclusive course-adjacent properties ($1.5 million-plus), Applegate Valley river and vineyard estates ($1.5 million to $2.5 million-plus), and the most premium Jacksonville historic properties are Medford's primary super-jumbo markets. These are transactions that occur rarely but consistently, driven by California equity buyers and Lithia Motors senior leadership.
Yes. For a physician who sold a Bay Area or Los Angeles home generating $800,000 to $1.5 million in equity and is joining Asante Rogue Regional's medical staff, we structure the documentation from both sources: the prior home sale proceeds (via closing disclosure and account statements) plus the Asante employment contract income. The combination of significant equity and documented physician income typically produces a strong super-jumbo qualification. For physicians who have not yet started their Asante position, offer letter qualification and timing of the construction or purchase close can align both sources properly.
Yes. Our construction-to-permanent super-jumbo program is available for custom builds on Saddle Ridge estate lots, provided the borrower profile, builder qualifications, and parcel documentation meet program requirements. The program closes once before construction begins, locks the rate, funds in draws as construction milestones are verified complete, and converts to a permanent mortgage at certificate of occupancy — without re-qualification. For California equity buyers who have secured a Saddle Ridge lot and are commissioning a custom Rogue Valley estate home, this structure provides the rate certainty and single-closing efficiency that portfolio super-jumbo transactions benefit from.
Super-jumbo transactions in Southern Oregon 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.
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