Bank Statement Loans

Mortgage Solutions for Self-Employed Borrowers

• No tax returns required
• 12 month personal bank statements
• 24 month business bank statements
• Loans up to $3 million
• Credit scores down to 600
• Rates starting in the 4’s
• Up to 90% LTV on Personal and Business with no MI
• DTI up to 50% considered
• Owner-occupied, 2nd homes and investment properties 
• 2 years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
• Non-warrantable condos considered
• Jumbo loans down to 600 score
• 5/1 ARM or 30-year fixed
• No pre-payment penalty for owner-occ and 2nd homes
• Seller concessions to 6% (2% for investment)
• 2 year self-employed required

 

Call us for more info!