Private Client LendingJumbo loans without tax returnsWe lend toa specific client.
Seven- to eight-figure earners and above. Real liquidity, strong credit, and an income profile no tax return describes, because the accountant did his job.
You have built something no tax return describes, because your accountant did his job. You should not have to move your portfolio to finance a home, or begin again from zero each time you buy one.
So we begin with a conversation, not an application. Fifteen minutes on my direct line, and no credit pull. If the profile on this page is you, I will tell you what your file would take. If it is not, I will tell you that on the same call.
Mayer DallalFounder, Private Client Lending
IIThe Drawing RoomWho takes your call
I was this client before anyone built a loan for me.
I’m Mayer Dallal. I have been self-employed for twenty-five years, and for much of that time I was the borrower this page describes: real income, real money in the bank, and a tax return that told a lender the wrong story. The financing that should have existed for me did not.
So, I learned this business from the inside. Twenty-five years across underwriting, processing, and origination, and since April 2013, Managing Director of Mbanc, a direct mortgage bank that underwrites in house. Since 2021 we have funded 440 loans of $1,000,000 and above, and more than nine in ten qualified without a tax return.
I founded Private Client Lending to close one gap: people who make money and hold money but cannot get financing that reads them correctly. That gap is personal to me. It is why I built this, and why I still take every one of these calls myself.
Below this, the core desk at mbanc.com: same company, different door.
Standard maximum
$3,000,000680 credit floor
All programs, every transaction type.
Primary purchase
$4,000,000720 credit
Founder, Operator and AR Loans.
Investment purchase
$3,500,000700 credit
The IL Loan, rental property.
IIIThe StudyThe gap
Between preferred banking and the private bank, almost nobody is lending.
Retail banking calls you a preferred client, then underwrites your mortgage on tax returns like a salaried borrower. The relationship is measured in deposits. The private bank will read your balance sheet, but the entry price is custody of your assets.
Between them sits a principal with real money and no intention of moving his portfolio to buy a mortgage.
Three advisors keep, grow and protect what you have. The fourth finances it.
01
Your accountant
Keeps what you earn. The entities and every legitimate deduction.
02
Your wealth manager
Grows what you keep. The allocation, and what must not be sold.
03
Your attorney
Protects how it is held. Entities, trusts, vesting and succession.
04
Your private mortgage banker
Finances what you own. Permanently, not per transaction.
For the other three chairs
Accountant, wealth manager, attorney: a door of your own.
i
Introduce a client
Call Mayer's direct line, (844) 405-1935, or send your client here with your name in “Referred by”. A first conversation about a scenario needs no names; with your client's permission, we speak with them directly.
ii
A scenario answer within one business day
From Mayer himself: which program reads the income, and what the file would take.
iii
Your client stays yours
We finance. We do not advise, invest, manage money or prepare returns, so nothing about your client's plan changes hands. With your client's permission, you stay in the loop.
iv
No compensation, in either direction
No referral fees and nothing else of value. For home loans federal law (RESPA) forbids it; for every loan, it is our rule.
Your own link for clients
Type your name and firm. The link opens this page with you already in “Referred by”.
IVThe LibraryExhibit A · Funded loans of $1,000,000 and above
Not a promise. A record.
Loans funded440
Every closing of $1M or more since 2021, across 24 states.
Funded volume$720.8M
Five years, three rate environments. Florida largest, at 101 loans.
Closing, recently15 days
Against 18 to 21 across the earlier book.
Largest single loan$4M
A Florida purchase, interest-only. The ceiling is real.
What this sheet claimsThe figureWhat the 440 funded loans show
Capacity is documented without a tax return.
92%
funded on alternative or no-ratio documentation: 405 of 440.
Our client owns the business or is paid for output.
83%
self-employed, rising to 87% of the alternative-documentation files.
Interest-only is the structure, not a footnote.
68%
funded with an interest-only structure: 299 loans.
A complicated file does not have to become a slow one.
15 days
for recent files to close; 18 to 21 across the earlier book.
Source. Mbanc funded-loan record, every closing of $1,000,000 and above, Feb 2021 to 7 Jul 2026 (n = 440). Closing times are Mbanc operating figures, stated as typical experience and not a commitment. Timing turns on appraisal, title and the completeness of the file. Past fundings describe what has been financed; they are not an offer of credit.
VThe RoomsExhibit B · Four programs
Four shapes of wealth. Four rooms in the same house.
Your income has a shape. Each program is built to read one, and none of them qualifies you on a tax return.
Keep scrolling to walk through
Swipe through the rooms
The office
Client 01
The Founder
The Founder Loan
Twelve or twenty-four months of bank statements: deposits, never net profit.
Never required to qualify, whichever program applies
Personal tax returns
Business tax returns
W-2 forms
IRS transcripts
Employment verification
Liquidation of any position
Note. None of these is used to qualify your income, and nothing has to be sold to qualify; underwriting still runs a full file: credit, assets to close, the property and title. Ceilings are on purchase transactions; $3,000,000 applies otherwise. All figures are loan amounts, not purchase prices.
VIThe DoorsExhibit C · Where the financing actually comes from
Three doors. Only one opens without moving your portfolio.
The first door
Preferred retail banking
What earns the treatment
A deposit balance and a title on the statement.
How the mortgage is read
Against tax returns, by formula, on a salaried track.
What must move into custody
Nothing, and nothing changes.
The next transaction
Begins again from zero.
The second door
The private bank
What earns the treatment
A substantial asset relationship, moved into their custody.
How the mortgage is read
As an accommodation to the relationship.
What must move into custody
Your portfolio, into theirs, first.
The next transaction
Depends on the balance staying where it is.
The third door
Private Client Lending
What earns the treatment
Your profile: income shape, credit, liquidity.
How the mortgage is read
On its own merits: deposits, 1099s, assets, or rents.
What must move into custody
Nothing. Positions stay where your advisors put them.
The next transaction
Already planned and already documented.
What we are not
Mbanc is not a private bank and does not want your deposits. No accounts, no custody, no assets under management. That is precisely why nothing has to move into our custody for the financing to work.
VIIThe LoggiaAlso available on every program
Interest-only, so principal reduction is elective rather than scheduled.
An initial interest-only period on a long-term structure, on every program. The payment increases when the balance begins to amortize, which we say at the outset. Mayer will walk you through the exact structure for your file.
Fifteen minutes on the direct line. No application, no credit pull. If the profile above is you, we will tell you what your file would take. If it is not, we will tell you that on the same call.
He reads every inquiry from this page himself and calls you within one business day. If he is away for more than a day, Alan Hastings, his operations manager, is your point of contact and will call you to set a time with him. If you would rather not wait, the direct line is open, or choose a time that suits you.
Mbanc Private Client Lending is a $1,000,000-minimum loan desk at Mortgage Bank of California Inc. dba Mbanc (NMLS #38232). It is for borrowers with real liquidity and an income story a tax return does not show. We qualify on bank deposits, gross 1099 income, liquid and semi-liquid assets, or rental cash flow, not personal tax returns. The first conversation is with Mayer Dallal, Managing Director of Mbanc.
Who is this desk for?
Self-employed founders and operators paid through an entity or 1099s. Investors whose property can qualify on rent. Asset-rich buyers who will not sell positions to prove income. The screen is a $1,000,000+ loan amount, credit 680 or better, and a state where we lend for that occupancy.
Who do I talk to?
Mayer Dallal, Managing Director, NMLS #42394. Direct line (844) 405-1935. Fifteen minutes. No initial credit pull. Company NMLS #38232.
What loan amounts do you do on this desk?
Minimum loan amount is $1,000,000. Standard maximum is $3,000,000. Primary-residence purchase can go to $4,000,000 on Founder, Operator, and AR at 720 credit. Investment purchase on the IL (DSCR) program can go to $3,500,000 at 700 credit. These are loan amounts, not purchase prices, and they are not an offer of credit.
What credit score do you want?
Private Client is marketed at 680 or better. The highest primary purchase ceilings use 720. The top IL investment ceiling uses 700.
Do you finance primary residences, second homes, and investment property?
Yes. Twenty-two states: primary, second home, and investment. Twenty-four additional states and D.C.: investment / business-purpose only (non-owner-occupied).
Do I need tax returns?
No personal tax returns on these programs. That is the point of the desk.
What if I fit more than one program?
One underwriter routes you to the strongest path. You do not apply four times. Say how the money actually moves. We pick the program.
Will you pull credit on the first call?
No initial credit pull. The first conversation is fit: occupancy, state, amount, how you earn. Credit is pulled when you choose to proceed.
What happens after I submit the form?
The form comes to Mayer with your profile, amount, state, occupancy, and consent. You can also book the calendar on the page.
How fast do you close?
Complete files on this book have been closing in about 15 days. Appraisal, title, and a complete file set the clock. That is typical experience, not a commitment.
How do I start?
Request the conversation on this page or call (844) 405-1935. Have occupancy, property state, loan amount, and how you get paid. Do not bring a rate target. Bring the truth about your goals and your financial profile.